Latest Forex Research
USD/JPY Analysis
The pair started at Y102.35 in Asia Wednesday, from a US session of Y102.22-Y102.42, the spot drifted to Y102.30 before bouncing to touch a high of Y102.39 and
Daily Market Technicals
After having failed to close above the 21-DMA on recent attempts bearish focus has re-emerged with the result being a move lower that firmly has the 2014 lows in its sights.
FX Daily
Today’s data calendar is very light. The main focus will probably be the April labourmarket report in the UK.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6755 after it had been pressured lower, the rate trading to $1.6743 as it tracked euro-dollar slippage,
EUR/USD Analysis
The pair closed in NY Tuesday at $1.3545 after rate had been pressed to intraday lows of $1.3534 following the break of support in the $1.3580/85 area.
Consumer Sentiment – June
Consumer Sentiment rose by a small 0.2% in June but is 8.6% below year its years ago level.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8520, this morning.Yesterday’s data showed NZ Q1 manufacturing volumesrose 0.5% in the quarter.
Asian Currencies Technicals
AUD/USD continues to grind its way higher with bulls in control as evidenced by the higher daily highs and lows.
ECB Mersch: Prolonged Low Inflation Could Hit Expectations
European Central Bank Executive Board member Yves Mersch said Tuesday that the risks to the Bank’s inflation outlook remains “broadly balanced” but
EUR Mid-day Analysis
Talks from the Germany’s Bundesbank/ECB Council member Weidmann overnight has rekindledpressure on the Euro,
CHF Mid-day Analysis
The Swiss is caught in the downdraft created by the Euro but it is also possible that Swiss retail salesgains of only +0.4% in April, were simply judged to be unimpressive.
JPY Mid-day Analysis
The Yen is garnering some indirect lift from overt weakness in the Euro and Swiss. However, the Yen isalso seeing some support from improved economic signals,