Forex Analysis

EUR Mid-day Analysis

If the Euro were poised to bottom one might have expected a more significant recovery action off the

While the Swiss has built a layer of consolidation support this week around the 1.0333 level,

A fresh new low for the move leaves the bear camp in control to

The Dollar would appear to be poised to range up into higher high ground even though recent Eurozone data

In retrospect the Canadian has generally forged a pattern of higher lows since the early November lows and

A distinct downside extension in the Pound is at least partially the result of disappointing UK construction readings.

Central Europe posts solid growth figures in 3rd quarter

The USD is slightly stronger against the major currencies.

EURUSD – economy and monetary policy in the US and the euro zone diverge

After a quiet week on the data front we have an interesting day ahead of us.

Bonds rallied again yesterday on both sides of the Atlantic.

The pair opened at Y115.73 this morning in Asia, just off a high of Y115.83 traded during the US hours last night.