Forex Analysis
EUR Mid-day Analysis
The Euro bulls have to be relieved that the Euro isn’t under a fresh washout move on the charts again thismorning. With the press and many officials seemingly pressing the ECB to
CHF Mid-day Analysis
While the currency trade doesn’t expect to see noted changes in either BOE or ECB policy today, seeingthe ECB promise to act further if necessary, might keep the Euro off balance and
JPY Mid-day Analysis
The March Yen has remained weak on the charts this morning, despite a slight up tick in Japanese pricemeasures. In other words, data tempering the deflationary spiral fear in Japan were largely ignored,
USD Mid-day Analysis
Surprisingly the Dollar has started the Thursday US action on a slightly weaker track. One might haveexpected the Dollar to rise back toward its recent highs off ideas that the ECB might offer up additional stimulushints from the current meeting.
Central European Daily
Czech inflation inched higher Czech industrial growth surprised favorably Strengthening of the U.S. dollar left Central European currencies untouched.
FX Daily
The main event is the ECB meeting, where inflation will be top of the agenda again after core inflation reached an all-time low of 0.7% in December.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6455 after rate had dipped back to $1.6400 on release of stronger than expected US ADP jobs data before bouncing back to
EUR/USD Analysis
The pair spent a quiet morning in Asia today within a $1.3567 to $1.3586 range after it opened at $1.3576 earlier.
AUD/USD Analysis
Aussie owed much of this morning’s actions to economic data releases out earlier today as it reversed early gains and ended the morning session with slight losses.
USD/JPY Analysis
The pair strengthened briefly at the start of the stock market session as the Nikkei 225 opened lower but demand for dollar-yen and yen crosses have kept the yen under pressure.
EUR Mid-day Analysis
ro zone data released overnight was somewhat countervailing but it was apparently accepted asbearish by the trade as the Euro is approaching the January lows early in the Wednesday trade.
CHF Mid-day Analysis
The Swiss has forged another lower low on the charts overnight and the ongoing prowess of the Dollarlooks to keep the pressure on the Swiss. Keep in mind, the SNB wants the exchange rate to decline significantly and