Latest Forex Research

USD Mid-day Analysis

The Dollar generally remains in favor despite a lack of definitive upside extension on the charts.

Weaker oil, hawkish US Fed commentary and

The Pound is simply having trouble getting up and away from the January consolidation lows.

EUR/USD has broken the key support at 1.1640 and has moved below

Today’s highlights: EURUSD stays bearish for 1.1212 next, with our core target at 1.0836/0765.

No inflation in NZ means no hikes from the RBNZ this year.

A generally better set of China macro data failed to boost AUD as it dipped towards 0.817.

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).

Markets will stay alert to any hints on a likely ECB QE announcement on Thursday.

Asian stocks are on the rise on the back of fairly strong Chinese GDP numbers this morning.

After recently finding support at $1225.0 gold headed sharply higher Thursday and

The $52.46 resistance remains key this week with bulls needing a close above to