Latest Forex Research
AUD reaction completed? €stoxx banks on thin ice
Calm markets overnight but some interesting developments nevertheless taking place. The EZ bank index (a sub index of €stoxx600) yesterday took
AUD/USD Analysis
Aussie started this morning just under last night’s US session high of $0.9375, at $0.9372 and encountered minor weakness to $0.9366 in early dealings.
FI Eye-Opener: German growth stalling?
Bond yields edged slightly lower yesterday on equity weakness and poor Euro-zone economic data, but trading volumes remained low.
FX Daily
A fairly light calendar again. In Europe the most interesting releases are Maymanufacturing production in the UK and foreign trade data for May in Germany.
Daily Market Technicals
EUR/USD remains capped ahead of $1.3611 with bulls now looking for a close above this level to ease bearish pressure a little.
EUR/USD Analysis
The pair started out at $1.3605 this morning after last night’s $1.3591 to $1.3609 range during the US session, and then edged back up to the US high again in early dealings.
GBP/USD Analysis
The pair closed in NY Monday at $1.7128 after rate had been pressed lower through the European session to a low of $1.7109 as traders pared longs ahead of today’s release of UK IP/Mfg data (0830GMT).
EuroStoxx50 Technical Analysis
The close below the 3243.0 previous support Monday confirms an easing of bullish pressure with
USD/JPY Analysis
The pair opened at Y101.86 this morning and was held to a Y101.85/90 range in early dealings before drifting lower.
NAB Business Survey – June 2014
Business conditions rose to +2 in June from -1 in May, now at their highest level since January and ending the downward trend that has emerged since the start of the year.
FX Trading Ideas to Play This Week
RBS is out with a note outlining some tactical FX trading ideas to play this week.
BOC State of Play:Tepid Biz Outlook Survey May Reinforce BOC Stance
The Bank of Canada was reinforced Monday by the vast majority of Canadian businesses surveyed in believing that inflation,