Forex Analysis

EUR/USD Analysis

The pair started this morning’s session at $1.2685 today after coming off last night’s$1.2715 NY session high and

The Japanese yen started at Y109.44 vs the US dollar this morning while

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

Euro zone Consumer Confidence readings overnight combined with a German rail workers strike to

The Swiss forged a fresh new low for the move overnight and

More technical damage on the charts would seem to leave the downward bias in place in the Yen.

Another new high for the move as a large portion of the world is thought to be mired in slow economic conditions and

Fears of slack exports to China, residual strength in the US Dollar and

With general broad based global slowing views in a front and center standing to start the new trading week,

Disinflation is topic de jour for investors, but the transmission mechanism tocurrencies is poorly understood.

The USD continued to strengthen, mostly against the commodity currency bloc.

n the euro area, the main event will be the release of preliminary Germanconsumer prices for September.