Latest Forex Research
FOMC Surprises Social Media
Thirty-two reporters gathered in Room 538 of Capitol Hill’s Dirksen building early Tuesday morning and
Beware Summer Melt-up/Fall Correction
Global investors, emboldened by shifting views about inflation and growth, have increased their equity holdings in recent weeks,
Daily FX Update
The USD is strong (except against GBP) leading into to Chair Yellen’s semi‐annual testimony but market moves have generally been limited.
EUR Mid-day Analysis
Not surprisingly, the Euro is losing ground to start today as the trade was presented with yet anotherdisappointing German economic data point.
CHF Mid-day Analysis
The Swiss is showing early signs of weakness on the charts and that is not surprising considering the slack Euro zone data released overnight and
JPY Mid-day Analysis
With a pattern of lower highs extending overnight, the BOJ suggesting that inflation will manage to
USD Mid-day Analysis
The Dollar is showing some strength to start this morning in the wake of rumors that the US Fed mightreveal an earlier than expected rate hike timing.
GBP Mid-day Analysis
The Pound has thrown off the liquidation tide that has been in place for roughly 8 trading sessions.
Central European Daily
Inflation remains low in Central Europe The central European FX market was calm yesterday.
UK: June inflation adds pressure on the Bank of England
CPI came in at 0.2% m/m in June pushing inflation up to 1.9% y/y, much higher than the consensus estimate of 1.6%.
Daily Technical Report
EUR/USD rose yesterday but failed to holdmost of its gains at the end of the session. Abearish bias is favoured as long as prices remainbelow the resistance at 1.3664 (03/07/2014 high).