Latest Forex Research

Daily FX Update

China’s disappointing PMI releases, with the official falling to 49.8 and

A tight coiling pattern in the Euro offers some hope that the situation

A minor upside breakout overnight offers the bull camp

While the SNB is reportedly circulating or fostering a fresh Swiss/Euro

In addition to the Dollar showing signs of becoming technically overbought,

The most the bull camp can claim is the ability to avoid a fresh lower

The Pound sits poised on a fresh downside breakout on the charts despite

When the SNB discontinued the currency cap on January 15,

Regional PMIs surprise positively CBs’ meetings in focus this week.

Today’s highlights: EURUSD immediate risk stays lower whilst capped below the price,

Following the RBNZ’s dovish statement on Thursday,

EURCHF jumped towards 1.05 on news report that SNB may operate an unofficial corridor versus EUR.