Latest Forex Research

Central European Daily

The Czech inflation slips to 0.1% year-on year in April The ECB boosts demand for regional bonds Although Central European currencies barely moved on Friday it finished the week stronger.

Daily Technical Report

EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).

Supports for patient JPY-bears

Japanese institutional investors were net buyers of foreign securities by¥211.1bn in April, the highest level since August 2010. Broken down byinvestor type,

The USD was broadly stable against major crosses. EUR was unchanged at 1.376 and AUD held in at 0.936. USDJPY rose slightly to 102.05 following a weaker-than-expected Japanese current account release but

UBS Morning Adviser

This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,

FX Daily

Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,

€/$ bearish follow through. NOK/SEK still higher

EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.

FI Eye-Opener: Semi-core meltdown?

Bond yields edged higher on Friday on both sides of the Atlantic, with the ultra-long end of the curve seeing the biggest pressure in the aftermath of a weak 30-year auction in the US last Thursday.

Daily Market Technicals

The sharp move lower to end the week and the close below the $1.3771 previous support has seen immediate focus shift to the 100-DMA which is currently supporting.

AUD/USD Analysis

The pair opened this morning at $0.9358 following last Friday’s $0.9347 to $0.9379 range during the US hours. Aussie-dollar edged up initially to push through $0.9360 and

GBP/USD Analysis

The pair closed in NY Friday at $1.6851 after rate had been pressed lower during the day (from a high of $1.6939) to $1.6832 on a mix of profit lock in sales and euro-dollar slippage,

Scandi markets ahead: Swedish CPI and new NGB auction in 10-year segment

The Riksbank has put a lot of focus on inflation. Swedish core inflation is running at0.0%, which is well below the Riksbank’s forecast and way below the 2.0% inflationtarget.