Latest Forex Research
ECB market take: Good, bad, and both
Today QE came. The size and pace of the program is a positive surprise to us.
USDJPY – both triangle scenarios suggest dip buying below 117
Yesterday’s we wrote that the move to 118.83 satisfied symmetry between
EURUSD – rally off 1.1460 lows is corrective but can carry to 1.1754/1864
The trend is down and prices are still holding within the December channel.
GBP Mid-day Analysis
The Pound has managed to extend the January consolidation above the 1.50 level and
Sweden: Unemployment at two-and-half year low
The December Labour Force Survey shows that unemployment fell to 7.6% from 7.8% in November,
