Latest Forex Research
AUD/USD Analysis
Aussie started at $0.9394 after falling to a $0.9376 low late Friday on remarks by RBA Governor Stevens in a local newspaper.
EUR/USD Analysis
The pair also spent a quiet morning session in the Asia-Pacific respecting the limits of its US trading range on Friday.
Daily Market Technicals
EUR/USD continues to find support ahead of the $1.3564-76 region with the rising weekly channel base off July 2013 lows coming in at $1.3576 and
Markets Outlook – Speeding Tickets
We anticipate the CPI to show a 0.4% increase in the second quarter. This would see annual inflation rise to 1.8%,
USD/JPY Analysis
It’s been a dull day for yen pairs this morning, especially ahead of tomorrow’s BOJ meeting and policy decision.
GBP/USD Analysis
The pair closed in NY Friday at $1.7115 after rate had pulled back from intraday highs of $1.7150 to $1.7099 before recovering post London fix,
Buy USD/CAD – Barclays
Investors following tactical strategies should consider buying USD/CAD this week, advises Barclays Capital in its weekly FX pick to clients.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up/neutral this week We adopt a cautious positive bias this week.
Weekly Commentary
The New Zealand economy appeared to have hit a sweetspot in the early part of this year, but a number of previouslysupportive factors have started to turn in recent months.
Asian Currencies Technicals
Bears continue to dominate with fresh 2014 lows last week retaining immediate focus on Sgd1.2342 Oct 2013 monthly low.
Daily FX Wrap and Strategy
The NZD edged lower on Friday, dipping 0.1% against theUSD to 0.8810.NZD/USD had another peek above 0.8830,
Aussie Currencies Technicals
AUD/USD is looking a little heavy following last week’s spike which lacked follow through.