Forex Analysis

GBP Mid-day Analysis

A bank holiday has probably narrowed the early range in the Pound today and that in turn that might have allowed for

EURUSD fell to 1.3205 and USDJPY rose to 104.22, but AUDUSD managed to rally back to 0.9316 after opening weaker.

Risk sentiment got hit on Friday by news that a Russian aid convoy had crossed Ukrainian border without permission from Kiev.

Focus is likely to be on comments from the Jackson Hole Central Bank conference.Especially Draghi’s dovish ones are likely to be in focus.

The pair opened at $0.9315 this morning after Friday’s $0.9293 to $0.9323 range during the US hours.

The pair traded a low of $1.3220 on Friday in the US after Yellen’s Jackson Hole speech but started this morning on

ECB’s easing measures revisited

The pair opened at Y104.27 this morning, gapping higher after last Friday’s Y103.94 close.

The pair closed in NY Friday at $1.6572 after rate continued to consolidate Wednesday’s (Aug20) break below $1.6600,

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

Gladstone and Australia Pacific LNG projects are on track and on budget.

NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,