Latest Forex Research

The Global Macro Pulse

The IDR was the big mover in Asia trading. USDIDR gapped lower on the open to 11513 before paring its gain to 11560,

The greenback and US bond yields fell after Fed minutes. CRB index and oil continued its decline and

US bonds felt some pressure from the 10-year auction, but yields fell back after the release of the Fed minutes.

Aussie was the main mover this morning after it had opened at $0.9414 this morning. Aussie-dollar found early support off $0.9408 and

US initial unemployment claims are expected to indicate a continued improvement inthe labour market.

After having found support on dips below the 21-DMA the past two days Wednesday’s rally sees immediate focus on layers of resistance $1.3669-1.3733.

Another lackluster morning for the euro in the Asia-Pacific today after it opened at $1.3642, just off last night’s $1.3648 US session high.

The significance of the 3178.6-3184.5 support region was confirmed Wednesday with

The pair closed in NY Wednesday at $1.7157 after rate had recovered off intraday lows of $1.7095 to $1.7161,

The pair opened at Y101.64 this morning while euro-yen started at Y138.64. Early dealings saw dollar-yen slip to Y101.59 and

Today’s employment numbers were a bit of a mixed bag.

RBNZ and RBA actions and words fully account for the spring higher in NZD/AUD from 0.9090 to ~0.9350.