Latest Forex Research
GBP/USD Analysis
The pair closed in NY Wednesday at $1.7137 after rate had seen lows of $1.7113 on reaction to the earnings component of the UK jobs report,
USD/JPY Analysis
The pair started the morning at Y101.67 and early trade was largely sideways with the pair sticking to a Y101.65 to Y101.71.
CPI Preview – QII 2014
There is accumulating evidence that the desired growth transition frommining capex to construction and non-mining business investment isunderway.
Aussie Currencies Technicals
AUD/USD bounced from ahead of the key $0.9322 support on Wednesday, confirming the significance of this level.
FX Outlooks & Strategies
EUR/USD: The break below 1.3575 has encouraged us to turn bearish particularly given the surge in daily volume. We are looking for a move lower toward the range low at 1.3500.
No BoE Guidance On 1st Hike; Wants Higher Volatility
Bank of England Governor Mark Carney and his colleagues have aimed to increase market volatility and
USDJPY – move to major resistance at 101.88/97 can complete wave-1
Our outlook asserts that 101.07 marked a wave-E of [4] low to complete the 2014 bull triangle.
EURUSD – expect a move to and eventual break of 1.3510/3480 support
The Euro is now below all major moving averages and the 2013 uptrend; the next key trend/pivot zone is 1.3510 to 1.3480.
GBP/USD Technical Analysis
GBP/USD charted an outside day to the topside yesterday, notes Commerzbank.
Daily FX Update
The USD is strong after Chair Yellen suggested that the time line for interest rates could be different than what is currently priced in if there is a better than
EUR Mid-day Analysis
The Euro remains out of favor even though the US Fed tried to maintain the expectation of low ratesremaining in place for the near future.
CHF Mid-day Analysis
Like the Euro, the Swiss is out of favor from a macro-economic differential and interest rate differentialstanding and