Latest Forex Research
GBP Mid-day Analysis
The Pound remains under a negative cloud from the discouraging geopolitical events this week.
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.
FX Outlooks & Strategies
EUR/USD: Our bearish view was vindicated as the market has resumed its choppy decline towards medium-term targets
IMF Lagarde: Markets ‘Perhaps Too Upbeat’ On Europe Economy
International Monetary Fund Managing Director Christine Lagarde said Friday that markets were “perhaps too upbeat” about the European economy and
Central European Daily
Despite a weaker forint another NBH’s cut still expected The negative market sentiment (The missile attack on a Malaysian airliner
Daily Technical Report
EUR/USD is close to the key support at 1.3503(see also the long-term rising trendline from theJuly 2012 low).
EUR Trading Strategies For The 2nd Half Of 2014
In a note to clients, BNP Paribas recommends a couple of trading strategies to trade the EUR from the short side during the second half of the year.
Risk aversion noted – bonds & oil up, stock down
EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more.
The Global Macro Pulse
The dollar has given up some of its initial gains against the AUD and EUR and recovered slightly against the JPY in the wake of the MH17 airline tragedy.
FX Daily
Another light data calendar with the US University of Michigan Confidence indicatoras the highlight.
Gold Technical Analysis
The recovery from the 55-DMA continued Thursday with the sharp move higher closing marginally above the 21-DMA ($1318.4).