Latest Forex Research
PMI Survey – End Of Year Cheer
Expansion in the manufacturing sector lifted during the last month of 2014,
Aussie dollar rampant against Euro & GBP – Bank of Canada move hits commodity currencies
The Bank of Canada is the latest Central Bank to deliver a shock;
FX Comment: ECB bond buying ‘proposal’ inches higher – but the devil will be in the detail
Roughly two weeks ago Bloomberg ran a story citing ECB sources suggesting staff at
Daily FX Wrap and Strategy
The NZD/USD was dragged lower in the early hours of this morning to trade at 0.7570 at present.
Aussie Currencies Technicals
Attempts to rally recently have stalled ahead of the falling daily channel top with
Bank of Canada surprisingly cut rates – no template for the Fed
The Bank of Canada announced a surprise 25bp cut to its key interest rate Wednesday
JPY Mid-day Analysis
A slight revival of risk-off fear has prompted some safe haven flow back toward the yen.
CAD Mid-day Analysis
The down trend channel in the Canadian is well defined and seemingly entrenched.
