Latest Forex Research
More € selling in the pipeline
The common currency ended last week on a negative footing, with especially EURJPY looking very vulnerable to continued selling.
FI Eye-Opener: Risk-free no more – soon also officially?
German bond yields edged lower on Friday in low-volume trading, as the US markets were on holiday.
Gold Technical Analysis
With rallies last week lacking follow through and stalling ahead of the 61.8% Fibo gold tried the downside Thursday but
FX Daily
A fairly light global calendar. In the euro area we expect German industrialproduction to have decreased slightly.
AUD/USD Analysis
Aussie started the new week at $0.9367 and traded a $0.9360-69 range in early dealings in the Asia-Pacific session.
Daily Market Technicals
Layers of resistance have built up on the hourlies in the $1.3638-1.3700 region with bulls needing to see a close above $1.3700 to confirm a break of the 55 & 200-DMA’s.
GBP/USD Analysis
The pair closed Friday at $1.7160 after rate had retested recent highs at $1.7180 (68-mth high), before it retreated to $1.7132.
EUR/USD Analysis
The pair opened at $1.3598 this morning in Asia, following Friday’s Independence Day holiday in the US and briefly poked through $1.3600 for a look at a high of $1.3602 before turning down.
EuroStoxx50 Technical Analysis
The 3243.0 initial support remains key for bears this week with a close below needed to ease the bullish pressure that has developed with the bounce from last Monday’s low.
USD/JPY Analysis
The pair started the new week at Y102.07 this morning, and made some cautious early gains up to Y102.14 before
Australian Markets Weekly – Early Days
Speeches last week noted uncertain outlook for the Australia economy to persist for a long while yet. Mining investment to fall another 3-4% of GDP,
ECB Coeure: Rates To Stay Low For Long Period
European Central Bank Executive Board member Benoit Coeure said Sunday that key ECB rates would remain “very close to zero” for a prolonged period,