Forex Analysis
AUD/USD Analysis
Another lackluster morning session for the aussie today, with players counting down to the new year and staying on the sidelines ahead of the New Year’s Day holiday on Wednesday.
USD/JPY Analysis
The pair ran into fresh weakness as the final 2 days of 2013 began this morning in Asia, and looks set to close out the year near its lowest levels in more than 5 years.
EUR Mid-day Analysis
A surprisingly strong French PPI reading has provided some fresh fundamental support, but it has beenthe positive developments over recent weeks that are doing the heavy lifting for the Euro this morning,
CHF Mid-day Analysis
Short-covering versus the Euro has accelerated the Swiss Franc’s rally this morning as prices haverecovered most of their post-Fed tapering losses in a matter of hours. It may be difficult for the Swiss Franc to
JPY Mid-day Analysis
A large set of Japanese economic data last night has provided little lasting benefit for the Yen, althoughprices were able to bounce off of a new low for the move early this morning.
USD Mid-day Analysis
After showing signs of finishing out the year in consolidation mode, the Dollar has seen an abruptchange in fortune over the past 12 hours and comes into this morning’s trading under severe pressure.
FX Daily
It appears we have a very quiet day ahead of us, with no major data releases in the calendar today. Risk sentiment is slightly positive in financial markets as data have been better than expected and
GBP/USD Analysis
The pair closed in NY Thursday at $1.6415, euro-sterling at stg0.8340. The rate lifted to intraday highs of $1.6438 in holiday-thinned markets, before paring light gains to consolidate above $1.6400.
EUR/USD Analysis
The pair opened in Asia at $1.3695 after a $1.3680 to $1.3700 range in the US last night. It bounced off an early $1.3687 low this morning and was then carried up through $1.3700 amid rumored bids from an Asian account from
AUD/USD Analysis
A muted session for aussie so far this morning in Asia, with many traders in the region still preferring to sit on the sidelines as the year nears its close. The aussie traded between $0.8877 and $0.8905 through the morning today,
USD/JPY Analysis
The pair started at Y104.73 in Asia today and then edged higher through the morning while euro-yen started at Y143.41. Dollar-yen rose in early trade following the release of a slew of month-end data,
EUR Mid-day Analysis
While much of the region still remains on holiday, the Euro has been able to find moderate early supportthis morning. Risk appetites may be subdued coming out of the holiday break,