Forex Analysis

CAD Mid-day Analysis

The US Dollar has encountered some doubt on its economic differential edge this week and

The inability to definitively throw off the downward track on the charts should become apparent later this

The USD recovered slightly in Asia. The EURUSD edged down to 1.2633,

German yields initially headed higher yesterday, but all that changed, when equity market falls accelerated.

The pair started the Asia-Pacific session at $0.8817 after it retreated to a $0.8779 low in the US session last night.

The pair started the day at $1.2669 after a $1.2587 to $1.2682 range during the US session overnight.

The pair closed in NY Tuesday at $1.6097 after rate had managed to extend its corrective recovery off

The pair started the session today at Y108.03 after a late decline to a Y107.82 low during the US hours last night.

The hits keep on in the headlines for the Euro as much weaker than expected German Industrial data

While the Swiss has rebounded from the early October lows, fundamental headline flow remains in the bear camp.

Comments from Japanese officials fueled upside follow through in the Yen and

While the Dollar has fallen back sharply from its recent highs it was able to respect recent consolidation support of 85.76.