Latest Forex Research

Eye-Opener: Unprecedented Danish interventions, Scandi yields fall, Scandi FX diverge

Equities are down a bit in Asia after another data disappointment from the US.

The 21-DMA confirmed its significance on a close basis with the dip below

The falling daily channel top comes in around $1.1364 today with bulls

The pair closed in NY Monday at $1.5026 after recovering from

The 3326.4 support continues to provide a base for bounces but

The RBA cut the cash rate by 25bps to a record low of 2.25%.

The pair started in Sydney at $0.7806 as the market looked ahead to one

The pair started at $1.1341 this morning and hitched a ride from reported comments

The pair opened at Y117.61 and marked small gains to Y117.72 in the opening few hours.

Ahead of this afternoon’s RBA Board outcome at 2.30, the AUD/USD has been given something of a leg up this morning.

NZD has popped above 0.7300 on the back of broader commodity currency strength.

It is ISM week globally, and it didn’t start well in China, though we’re always wary of over-interpreting