Forex Analysis

The Global Macro Pulse

SGD plunged 1.3% to 1.3569 against the USD, before stabilizing around 1.3521 post

The main event will be the FOMC statement tonight.

Greek markets continued to take a beating, while it was not

The dollar declined from a more of a decade high after U.S. durable goods orders

The pair closed in NY Tuesday at $1.5188 after rate had extended its recovery to

The pair opened in Sydney at $0.7940, precisely in the middle of the range

The pair started this morning at $1.1381 after a $1.1275 to $1.1423 range

The pair opened at Y117.87 this morning in Asia and spent the early few

The USD stands lower this morning against all G10 currencies,

We are a little surprised to see the Euro holding above 1.1250 this morning

The SNB is threatening to intervene and some sources suggest

A weak pattern of higher lows and a building base of consolidation lows on