Latest Forex Research
GBP Mid-day Analysis
A sharp rise in UK Business Investment and 3% GDP growth rekindled the Pound’s macro-economic differential edge with all actively traded currencies overnight.
Trade Ideas For Q3
Short EURJPY. Recent developments on inflation support our call that the yen has bottomed against the USD.
USD/JPY Technical Analysis
In USD/JPY, Commerzbank notes that it has finally eroded its 200 day ma at 101.68 .
EUR/USD Technical Analysis
EUR/USD has faltered ahead of our first corrective target at 1.3670 (the 200 day ma is also found here at 1.3671 ), notes Commerzbank.
Norway: Stronger than expected labour market
Seasonally adjusted unemployment moved about sideways. Stronger than expected
Central European Daily
The CNB postpones exit from exchange rate targeting As widely expected, the CNB Bank Board decided yesterday to
FX Daily Majors
Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.
Daily Technical Report
EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.
USD/JPY Analysis
USD/JPY has this morning broken below its pivotal 200-day MA level at 101.70, notes BNP Paribas.
The Global Macro Pulse
EURUSD and AUDUSD are a touch higher today, rising to 1.3627 and 0.9438 respectively.
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but