Forex Analysis

FX Daily

Late today the EU is set to publish a list of new names of individuals andorganisations affected by sanctions due to the Ukraine-Russia conflict.

EUR/USD Analysis

The pair stepped into Asia Friday at $1.3464 and dealt within a tight range of $1.3462 to $1.3468 through the morning.

AUD/USD Analysis

The pair traded slightly heavy in Asia on Friday after a sideways morning ran into some profit-taking on AUD/NZD and

GBP/USD Analysis

The pair closed in NY Thursday at $1.6987 after recovering off an intraday low of $1.6967. Sterling had lost ground during

USD/JPY Analysis

The pair opened at Y101.82 this morning in Asia and traded with a mildly weaker bias in early dealings, easing to a Y101.74 low a few minutes before

GBP/USD Analysis

The next level of support in GBP/USD is the previous interim high from May at 1.6996, notes CitiFX Technicals.

EUR Mid-day Analysis

One might have expected the Euro to have caught a lift overnight off an improvement in PMI figures but

CHF Mid-day Analysis

Like the Euro, the Swiss is garnering some short covering action off a slight improvement in European economic conditions.

JPY Mid-day Analysis

Disappointing Japanese Consumer Spending results have surprised BOJ officials and the market as the trade initially thought the impact of the tax hike was very limited.

USD Mid-day Analysis

The Dollar initially forged an upside breakout but was turned back from those highs in the wake of thestronger than expected Chinese Factory order results.

CAD Mid-day Analysis

The Canadian is trying to hook up this morning and there would appear to be the data tolaunch the currency into an upside breakout.

GBP Mid-day Analysis

The outlook for the Pound remains bearish as a quasi-change and improvement in global macroeconomic fortunes has done nothing to