Forex Analysis
GBP/USD: Looking for minor dip ahead of further gains
GBP/USD is struggling to maintain a foothold above 1.7000. the new high of 1.7011 has not been confirmed by the daily RSI and
EUR/USD: Pausing ahead of this years low + uptrend at 1.3476/54
EUR/USD remains in consolidation mode just ahead of the recent low at 1.3503 and we suspect the market is pausing ahead of this years low at 1.3476 and the 2012-2014 uptrend at 1.3454.
EUR Mid-day Analysis
The Euro this morning sits just under a critical pivot point on the charts of 1.36 and it was able to make ahigher high overnight.
CHF Mid-day Analysis
With an ongoing pattern of lower highs, somewhat slack German economic news overnight and alooming US Fed meeting, the bear camp retains the edge in the Swiss.
JPY Mid-day Analysis
A pattern of lower highs in the Yen would seem to give the bear camp a technical edge this morning.
USD Mid-day Analysis
The Dollar initially forged a lower low for the move but was able to respect support of 80.50.
CAD Mid-day Analysis
The Canadian has managed to hold within close-proximity to its recent highs despiteweaker Chinese equity market action overnight and declines in oil and metals prices.
GBP Mid-day Analysis
The Pound has held together despite news of a noted slide in UK inflation figures.
Central European Daily
Polish markets calmer as NBP president Belka holds its position after its scandal with Interior Minister The scandal with leaked taped conversations of President NBP Belka and
We Stay EURUSD Short For 1.32
The EUR was one of the strongest G10 performers on Monday as markets were paying increased attention to geopolitics, notes BNP Paribas.
The calm after the Carnayage
Governor Carney’s speech led to a large repricing of front-end UK rates last week, with expectations of the first hike brought forward to
The Global Macro Pulse
EURUSD has risen to 1.3565 as USDJPY climbed to 102.04 and AUDUSD dropped to 0.9357 in the wake of the RBA minutes,