Forex Analysis

AUD/USD Analysis

The AUD/USD started in Sydney at $0.7817, little changed from yesterday’s open,

The release of the FOMC minutes last night saw the euro spike,

USD/JPY opened in Sydney at Y118.68, toward the lower end of the Y118.55 to

With Greece submitting a loan request to the Euro zone and

Talk of a rate cut by the SNB to combat the drag from

The March Yen remains under the 50 day moving average which

The Dollar has generally sagged on the charts over the last two weeks despite rising

Renewed strength in the US Dollar undermines the Canadian Dollar

Surprisingly the Pound managed to test and reject a slide

EURUSD was little changed at 1.1404, while USDJPY was marginally lower

In the UK the focus is on the ILO unemployment rate and the weekly earnings figures,

Equities rose a tad in the US yesterday and are slightly up in Asia overnight.