Forex Analysis

EUR Mid-day Analysis

The Euro has managed a consolidation and a modest bounce off its recent lows and

Like other currencies, the Swiss is short term oversold and it is also hopeful that the overhang off the

The Yen has remained under pressure and in the process it has applied further technical damage on its charts.

The Dollar might have over-priced the prospect of an earlier than expected rise in US interest rates and

The Canadian was oversold relative to the Dollar and has managed a narrow consolidation effort following the recent spike low.

Like other currencies, the Pound is oversold relative to the Dollar and in need of a technical balancing recovery.

CE markets face sell-off with global bond markets CNB’s governor optimistic about the Czech economy

The US dollar has remained underpinned with little in the way of top tier data to drive market expectations,

Despite the recent disappointments in data, structural changes in Japan and global markets may lead to

EURUSD largely held onto its overnight rally, trading at 1.2932.

With a very light data calendar again today, focus will be on the sustainability of theceasefire in eastern Ukraine and

Bonds took a beating yesterday on both sides of the Atlantic, though the pressure eased somewhat especially in Europe towards the evening.