Forex Analysis
EUR/USD Analysis
The pair started this morning’s session at $1.3612 after last night’s $1.3576 to $1.3618 range during the US session and
GBP/USD Analysis
The pair closed in NY Thursday at $1.7026 after rate had seen highs of $1.7040 following the positive reaction to the release of BOE FPC
USD/JPY Analysis
The pair started the session at Y101.73, just under the US high of Y101.80, and slips to a Y101.67 in the first few hours of the session.
AUD: Outlook & Forecasts
The AUD remains persistently high as markets continue to assume that global short-term interest rates will remain lower for longer, notes Australia and New Zealand Banking Group (ANZ).
New Zealand At A Glance
The New Zealand economy continues to pick up the pace. While Canterbury’s reconstruction remains a backbone, the upswing is radiating more and more into the various other regions and industries.
EUR Mid-day Analysis
Surprisingly the September Euro is off balance to start today and it enters the Thursday US trade sittingjust above up-trend channel support of 1.3601.
CHF Mid-day Analysis
Like the Euro, the Swiss maintains a pattern of higher lows on its charts. Up-trend channel support todayin the September Swiss comes in today at 1.1172 but
JPY Mid-day Analysis
While the bull camp might suggest that they hold a technical edge from the charts, up-trend channel supportis seen today at
USD Mid-day Analysis
The onus is on the Dollar bulls to prove that more downside action can be avoided on the charts today.
CAD Mid-day Analysis
With such thin competition from other currencies, positive chart action and carry oversupport from relatively high energy prices,
GBP Mid-day Analysis
The Pound continues to win by default but news that the BOE is moving to keep the UK housing marketfrom developing a bubble,