Forex Analysis

CAD Mid-day Analysis

The September Canadian has fallen to a moderately significant consolidation support zone on the charts overnight of 91.00!

The Pound has forged another lower low for the move overnight in the wake of disappointing retail sales results.

Seasonality patterns caught the attention of equity and commodity investors long ago.

The USD is stronger across the board. AUDUSD fell to 0.9252, EURUSD is lower at 1.3245 having taken out barriers at

Today’s Flash PMIs in Germany, France and the euro area will give more cluesabout the slowdown in the euro area.

German 10-year Bund yield was again pressured below 1% with the hopes of more ECB easing keeping the rates down.

Another day of losses for the Aussie this morning, courtesy of the broader US dollar theme and

Minutes of the 29-30 July FOMC meeting provided new evidence of an intensifying debate inside the Fed about when to

The pair sank further this morning in Asia after it registered a $1.3256 low last night during the US hours.

The pair closed in NY Wednesday at $1.6594 after rate had been pressed to extended lows of $1.6589 as FOMC Minutes were seen hawkish.

JPY was under pressure through the morning today after dollar-yen opened at Y103.76 and euro-yen at Y137.58.

Four main factors continue to point to further downside in NZD/USD, argues Australia and New Zealand Banking Group (ANZ).