Forex Analysis
CHF Mid-day Analysis
Carryover support from the Euro has helped to lift the Swiss Franc this morning, although prices remainwell below this week’s early highs. With safe-haven support likely to be a “back-burner” issue coming into the endof the year,
JPY Mid-day Analysis
positive read for Japanese Housing Starts has done little to put the brakes on the Yen’s downtrend asprices have dropped further into new low ground coming into this morning’s trading.
USD Mid-day Analysis
Coming out of the Christmas holiday, the Dollar is holding onto a lukewarm tone although pricesremain firmly within this week’s consolidation range. While there have been rumblings out of China,
EUR/USD Analysis
The pair started in Asia this morning at $1.3681 and with the prospects of today’s closure in most European markets, players in the region were reluctant to actively trade this pair.
AUD/USD Analysis
Aussie witnessed a lackluster session today with markets in Australia and New Zealand closed for Boxing Day. Aussie-dollar opened at $0.8925 and slipped early to $0.8908 in light selling.
USD/JPY Analysis
JPY unit was again the standout currency in an otherwise quiet, holiday-thinned Asian market today. Dollar-yen started at Y104.38 in Asia today and then edged higher through the morning while euro-yen started at Y142.78.
EUR Mid-day Analysis
Positive developments in the region and a modest “risk on” vibe in global markets has helped the Eurohold its ground well above last Friday’s lows, but the market may be looking for a fresh catalyst in order for
CHF Mid-day Analysis
A modest up tick in risk appetites this morning is making it difficult for the Swiss Franc to climb backabove the 112.00 level this morning, although prices have consolidated near the middle of this week’s tradingrange.
JPY Mid-day Analysis
The continued erosion of safe-haven support has weighed heavily upon the Yen this week, as prices arenow back to within striking distance of multi-year lows. Japanese equities may have finished the day back nearunchanged levels,
USD Mid-day Analysis
After a shaky start to the week, the Dollar has found its footing and is finding modest early strength thismorning. Quiet pre-holiday trading conditions may set the stage for volatile price action later today,
EUR/USD Analysis
The pair opened at $1.3696 this morning following a $1.3689 to $1.3717 range in the US last night. It witnessed a slight gap down at the start of the session today and was held near $1.3691 before the
GBP/USD Analysis
The pair closed in NY Monday at $1.6355, euro-sterling at stg0.8375. After rejecting the $1.6380 level during light European trade, cable extended the slow grind and squeezed in early NY to $1.6329.