Latest Forex Research
USD Mid-day Analysis
The onus is on the Dollar bulls to prove that more downside action can be avoided on the charts today.
CAD Mid-day Analysis
With such thin competition from other currencies, positive chart action and carry oversupport from relatively high energy prices,
GBP Mid-day Analysis
The Pound continues to win by default but news that the BOE is moving to keep the UK housing marketfrom developing a bubble,
AUD Outlook & Forecasts
A positive environment for carry currencies and better-than-expected Q1 activity data supported the AUD in the first part of this year,
EUR/USD Technical Analysis
EUR/USD has started to erode nearby resistance levels, notes Commerzbank.
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.
Global FX Strategy – Summer dull
The recent rate cut from the ECB pushed the EUR/USD down. Furthermore, has a dovish Yellen paused the Fed funds repricing which altogether leaves the EUR/USD in a range with
Norway: Unemployment – still sideways trend
• Unchanged LFS unemployment • Slightly on the strong side – but will not change Norges Bank’s view
Central European Daily
Polish Prime Minister wins confidence vote Hungary prepares new FX loans legislation Hungarian forint eased yesterday after Economy Minister Mihaly Varga announced
Sweden: Weaker SEK lifts producer prices
The main question is whether this will feed through to consumer prices. Historically, the correlation between producer and
USD/JPY – target 105.50
USD/JPY continues to frustrate bulls as it hovers at key long-term support at its 200 day moving average (MA) – currently at 101.70, notes BNP Paribas.