Latest Forex Research
BOE Carney, MPC Aimed To Shake Market Rate Certainty
Bank of England Monetary Policy Committee members were united in the belief that market pricing had been underestimating uncertainty,
Daily FX Update
Markets are mixed and relatively quiet. News flow was focused on Governor Carney’s less hawkish stance and PM Abe’s growth strategy; but FX reaction has been muted.
EUR Mid-day Analysis
The Euro bulls must be living right as the Euro is managing gains this morning despite discouraging German Ifo business sentiment readings.
CHF Mid-day Analysis
Critical resistance in the September Swiss is seen up at 1.1213 and then not until the 1.1230 level.Support moves up to the 1.1177 level and
JPY Mid-day Analysis
The Yen is showing almost no reaction to overnight news of another BOJ stimulus move. Apparently themarkets wanted even more
USD Mid-day Analysis
The Dollar this morning sits just above a fresh downside breakout on the charts! In fact, despite moreslack economic results from Germany,
CAD Mid-day Analysis
The Canadian remains pinned to new high ground and that is largely the result of a lack ofcompetition from the Pound, Yen and Dollar.
GBP Mid-day Analysis
The Pound bulls have to be extremely discouraged by the action in the Pound over the last 4 tradingsessions,
FX Daily Majors
Today’s highlights: USDCAD stays bearish for the 38.2% retracement of the 2012/14 rise at 1.0650, where we would look for buying to emerge.
Central European Daily
Polish politics remains in focus MNB likely cuts rates to another all time low On Monday, the Polish zloty wiped out part of its last week´s losses caused by
USD/CHF Technical Analysis
In classical technical analysis, a double-bottom pattern exists when, after a downtrend, not only are there two identical,
GBP/USD Technical Analysis
In GBP/USD, Commerzbank notes that it has at last started to ease back from major resistance at 1.7041/51 which represent the 2009 high and the 2005 low.