Latest Forex Research
EUR/USD Analysis
The pair opened this morning at $1.3755, just above the $1.3745 low traded in the US on Friday. The euro had marked a sharp drop from $1.3845 earlier that day but losses were generally contained this morning.
Australian Markets Weekly – Change to cash rate view – on hold for a long time
We have changed our changed our RBA cash rate forecast and no longer see them cutting again late in 2014. Reasons are 1) the economy has been better than we expected and
Monthly Business Survey
Business confidence lifted slightly in April to +6 from +4, returning to long-run average levels after hitting a post-election low last month.
USD/JPY Analysis
JPY opened at Y101.88 this morning while euro-yen started at Y139.99. Early dealings saw yen pairs confined to narrow ranges as dollar-yen marked a Y101.79/90 range while the cross traversed a Y140.07 to Y140.18 range.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expected RBNZ behaviour plus the recent rebound in US sentiment should weigh on NZD/USD this week.
Asian Currencies Technicals
The $0.9319 support continued to hold this morning with the AUD/USD bouncing off $0.9349 low, while moves higher have been capped ahead of $0.9395.
Markets Outlook – Surplus to Requirements
Thursday’s election-year Budget will be the centrepiece of New Zealand’s market week. Sure, the NZ government has signalled restraint.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…
Weekly Commentary
The March quarter labour market figures confirmed that ahiring spree is under way as the economy gathers steam. But with more and more people being drawn into the work force,
EUR/USD Analysis
Euro opened at $1.3785 at the bottom of range as the euro continued to feel the effects of ECB Draghi’s dovish remarks. The weak euro tone persisted in early NY trading as euro-yen supply pressured the downside,
Daily FX Wrap and Strategy
The NZD lost ground amidst a backdrop of USD strengthon Friday, with NZD/USD weakening by 0.4% to 0.8610.The picture was decidedly more mixed on the crosses, however, with slight gains seen against the EUR and the GBP.
China PBOC Zhou Says No Stimulus
People’s Bank of China governor Zhou Xiaochuan said that the government will not resort to massive stimulus measures easily, dashing the hopes of some economists and