Forex Analysis

AUD/USD Analysis

A moderately strong reversal seen this morning in the AUD/USD after

The pair closed in NY Tuesday at $1.6271 after rate had seen extended recovery highs of $1.6310 as markets

The pair started the session today at $1.2960 after marking a $1.2935 to $1.2995 range during the US hours last night.

The pair opened at Y107.13 this morning after it recovered from a Y106.81 low during the US hours.

EUR: EUR/USD heading towards 1.27

Like the Dollar, the Euro has also managed to consolidate recently and

We project the December Swiss to spike up to 1.0790 in the event that the US Fed leaves its statement unchanged.

The Yen is oversold and potentially poised to bounce in the event that the US Fed remains on hold.

The Dollar has stalled just under the initial September highs in the wake of a string of mixed data points and

Fears of slowing in China and fear of hawkish statements from the US Fed has ushered in

The Pound is poised to fall back to consolidation support around the September lows.

Polish inflation without surprise Czech producer prices remain calm August inflation data, released in Poland yesterday,