Latest Forex Research
FI Eye-Opener: Finally some inflation somewhere
After some falls earlier in the day and volatility around Dr Yellen’s testimony, 10-year yields ended the day close to unchanged on both sides of the Atlantic.
AUD/USD Analysis
China’s Q2 data releases were the main driver for the AUD/USD this morning, with aussie-dollar trading slightly lower at $0.9340 compared with the US close of $0.9370 in the aftermath.
Daily Market Technicals
EUR/USD is hovering around the $1.3564 support but appears to have done enough to confirm a break of the triangle base with
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7144 after rate had been pushed to extended 68-mth highs of $1.7192 following the release of stronger than forecast UK inflation data.
EUR/USD Analysis
The pair opened at $1.3568 after last night’s $1.3562 to $1.3620 range seen during the US session, with the low traded after Fed Chair Yellen’s Q&A.
EuroStoxx50 Technical Analysis
Stoxx50 was unable to capitalize on the close marginally above the 100-DMA with the move lower Tuesday reconfirming bearish focus.
USD/JPY Analysis
A relatively quiet session for the JPY this morning, with dollar-yen starting the day at Y101.68 and
Fed George: Econ Strength Warrants Prep For Zero Rate End
Kansas City Federal Reserve Bank President Esther George Tuesday night argued that there are enough positive signs in the economy recovery for
Housing and utilities drive Q2 CPI increase
The 0.3% quarterly increase in Consumer Price Index slightly below our expectations, but in line with RBNZ forecast.
Asian Currencies Technicals
The lack of follow through after Monday’s fresh 2014 lows has resulted in a bounce that has so far been capped at the Sgd1.2445 level confirming its significance.
Aussie Currencies Technicals
AUD/USD remained capped ahead of the $0.9408 as it again struggled at the 21-DMA ($0.9400) with the dip below