Latest Forex Research

AUD/USD Analysis

The pair closed in NY on a heavy note at $0.7888 after having

The pair closed the New York session last night at $1.1287 as late losses in

The pair opened at Y117.55 this morning as it held near overnight lows toward

The RBNZ unceremoniously dumped its long-held tightening bias this morning.

Don’t lose sleep over the $159m deficit reported for December’s merchandise trade,

We reckon the RBNZ has taken a gamble that the benefits of hammering the NZD

The USD Index is little changed, but yields are marginally lower after

The NZD is little changed from its opening level yesterday,

The FOMC statement had small tweaks to the language and

The bounce from recent 2015 and 5+ year lows has remained capped ahead

Today’s signals from the Fed suggest that the central bank leaves June open as an option for lift-off in rates.

Markets are mixed leading into today’s Fed (2pm EST),