Latest Forex Research
USDCAD – small bear triangle ahead of 1.0625 symmetry target
Prices are progressing nicely to the posited 1.0625 target.
AUD/USD bull trap? EUR/HUF major break higher!
EURUSD: So far at least a minor attempt to form a peak noted. Thesmall rejection from above the 1.3686 equality point and
UBS Morning Adviser
Even before the FPC, housing momentum was fading but not priced by GBP After the Bank of England announced their recommendations for macro-prudential measures last week,
FX Daily
A relatively light data calendar. The most interesting release is the ADP privateemployment report in the US that will
FI Eye-opener: Party on
US equity markets inched to new highs with the ok US and Chinese data and the US 10-year Treasury yield jumped 5bp to 2.57%.
Daily Market Technicals
EUR/USD remained capped at the 55-DMA on Tuesday with it having dipped back to retest initial support at the 200-DMA as a result.
AUD/USD Analysis
Aussie traded a fresh 2014 high of $0.9505 last night, also the highest level since early-November 2013 before it started this morning’s session at $0.9497.
EUR/USD Analysis
The pair has had another relatively subdued session in the leadup to this Thursday’s ECB meeting, after it opened at $1.3679 this morning.
USD/JPY Analysis
The pair opened at Y101.52 and then edged higher in early dealings, trading up to, but not breaking above, last night’s Y101.59 US high.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7151 after sterling was given an added boost by the release of stronger than forecast Mfg PMI data
NAB Online Retail Sales Index – May 2014
In the 12 months to May 2014, Australians spent $15.3 billion on online retail. This level is equivalent to 6.6% of spending at
Asian Currencies Technicals
After remaining capped ahead of the 21-DMA last week USD/SGD took out and closed below previous initial support on