Forex Analysis

AUD/USD Analysis

Aussie started this morning’s session at $0.9319 after marking a $0.9286 to $0.9328 range during the US hours overnight.

Eurozone growth at a standstill: Average equals zero. 10Y bund yield was (briefly) below 1%.

The pair closed in NY Thursday at $1.6689 after rate had managed to recover off extended lows of $1.6657 earlier in the day to $1.6697,

The pair started in Asia this morning at $1.3365 and traded a high of $1.3368 soon after the open before it then turned lower in early dealings.

A quiet morning for major FX units in Asia this morning led to narrow trading ranges for the JPY overall.

The Euro bulls have to be relieved in the currencies capacity to hold up in the face of news of acontraction in

The rally in the Swiss this morning would seem to be the result of slack US data and a temporary pause in official Ukraine developments.

Apparently geopolitical angst and slack global economic data hasn’t fostered safe haven or repatriation buying of the Yen this week.

We are surprised that the Dollar is weaker this morning in the face of slack inflation and economic datafrom the Euro zone.

Part of the recovery in the Canadian is the result of lack of alternative currencies.

Consistent and seemingly perpetual soft global economic data leaves the Pound bears in control.

The crude oil and gold markets have typically provided investors and corporates with interesting clues to the state of financial,