Latest Forex Research

Eye-Opener: Greek charm offensive meets resistance

Yesterday evening the ECB decided to ban the use of Greek government debt as collateral.

Failure to break back above $1286.6 on recent bounces from ahead

Layers of resistance now noted $55.510-56.57 confirmed significance

The pair closed in NY Wednesday at $1.5180 after rate had pared earlier

The 21-DMA confirmed its significance as resistance with bears feeling

Stoxx50 consolidated the recent move to 2015 and 6+ year highs,

The pair started in Sydney this morning at $0.7777 after offshore

The pair had a rocky start to the Asia-Pacific session this morning thanks to

The pair opened at Y117.28 this morning and early dealings were relatively tame

NZD/USD sits at similar levels to yesterday morning, just 0.1% higher at 0.7370.

Markets are calmer into today’s open, with a relatively mixed environment.

In addition to the supportive PBOC action overnight, the Euro is