Latest Forex Research
FI Eye-Opener: Increasing tensions to push German yields to new lows
Bonds rallied hard on both sides of the Atlantic on increasing geopolitical tensions, while curves bull-flattened.
Daily Market Technicals
Oscillation around the Bollinger band base ($1.3521) continues with the EUR/USD now consolidating ahead of the key $1.3503-12 support as daily studies approach O/S levels.
AUD/USD Analysis
The early risk-off tone weighed heavily on the pair after it opened at $0.9351 this morning and it gravitated to a $0.9336 low in the first few hours of the session.
EUR/USD Analysis
The pair opened at $1.3526 this morning following last night’s $1.3516 to $1.3535 range during the US session.
GBP/USD Analysis
The pair closed in NY Thursday at $1.7101 after rate had seen lows of $1.7085 during the NY session, as markets reacted to
EuroStoxx50 Technical Analysis
Choppy sideways trading within the recent 3150.6-3211.5 range continued Thursday.
Russia came back on the market’s radar…
Russia came creeping back on the market’s radar screen Thursday, first due to new sanctions announced Wednesday by the United States and
USD/JPY Analysis
JPY started on a strong note this morning following developments overnight, mainly the Malaysia Airlines crash in Ukraine and
New Forecasts For ECB Easing & EUR/USD Rate
BNP Paribas economics team have adjusted their ECB forecast and now no longer sees a broad asset purchase program as likely.
Asian Currencies Technicals
Pressure has returned to the Sgd1.2446-65 region with the 21-DMA noted at Sgd1.2456.
ECB: First Policy Meeting Under 6-Week Schedule Set For Jan 22
The European Central Bank said Thursday that it plans to hold the first monetary policy meeting of its new six-week rotation schedule on January 22.