Latest Forex Research
Gold Technical Analysis
Gold managed another inside day Monday with the 21-DMA having capped the rally.
FI Eye-Opener: Searching for inflation
German and longer US yields edged lower yesterday, while shorter US yield rose a bit. In general, the moves were rather limited,
AUD/USD Analysis
Aussie started this morning at $0.9374 and then found itself holding in a $0.9362 to $0.9378 range in early Asian dealings, just below last night’s $0.9371/84 range during the US hours.
FX Daily
EU foreign ministers are meeting today to decide on further sanctions againstRussia following the MH17 crash. In particular UK’s Cameron is pushing foradditional sanctions.
Daily Market Technicals
Bulls take a little comfort in support having developed at $1.3513 Monday but layers of resistance remain $1.3549-87.
EUR/USD Analysis
A very quiet session for the euro this morning after it opened just under the US session high of $1.3526, at $1.3523.
GBP/USD Analysis
The pair closed in NY Monday at $1.7076 after rate had seen extended lows of $1.7056 post London fix,
EuroStoxx50 Technical Analysis
Dips continue find support ahead of the key 3122.8-3129.1 support region with bears needing a close below the 200-DMA to
USD/JPY Analysis
Japanese markets re-opened today after a long weekend and JPY started around Y101.40 this morning.
China PBOC Suspends Open Market Ops Amid Tightened Liquidity
The People’s Bank of China took the unsurprising step of suspending Tuesday’s open market operations amid some of the tightest liquidity conditions seen so far this year.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.