Latest Forex Research
Daily FX Update
Markets are mixed reacting to China’s HSBC manufacturing PMI release of a seven-month high of 50.8 juxtaposed against a softer than expected Eurozone PMI release and rising oil prices.
EUR Mid-day Analysis
With both German and Euro composite PMI results below expectations and the ECB suggesting that ratescan be expected to remain low until 2016,
CHF Mid-day Analysis
The Swiss looks to remain off balance because of slack Euro zone data and negative chart action.
JPY Mid-day Analysis
There would seem to be just enough flight to quality issues to provide the Yen with a bullish tilt.
USD Mid-day Analysis
Surprisingly the Dollar hasn’t been able to benefit from slack Euro zone and German PMI results.Nonetheless, the data from Euro zone should underpin the Dollar,
CAD Mid-day Analysis
Canadian inflation fears have served to boost the Canadian dollar again, with theCanadian government seemingly
GBP Mid-day Analysis
The inability to forge a higher high in the Pound hints at a loss of upside momentum.
FX Daily Majors
Today’s highlights: USDCAD continues to fall sharply after completing a bearish continuation pattern and
Central European Daily
Polish political crisis drags on While the koruna and the zloty barely moved on Friday,
BOE Miles: Will Vote For Hike Before Term Ends In 2015
Bank of England Monetary Policy Committee member Davis Miles repeated Monday that he is likely to vote for a hike in Bank Rate before his term ends in May 2015.
ECB Constancio: Some Asset Classes Point To Overheating
European Central Bank Vitor Constancio said Monday that some asset classes point to overheating in an environment of extremely low monetary policy.
BOJ Kuroda: Gov, Biz Should Lead Growth, To Hit 2% CPI
Bank of Japan Governor Haruhiko Kuroda said Monday that the government’s growth strategy and private-sector investment should lead a move toward higher economic growth potential.