Forex Analysis

EUR Mid-day Analysis

The bull camp has hope ahead of the ECB easing decision but

The Swiss has crept back toward its recent highs in the wake of fresh

Today is a potentially critical junction for the Yen as the actions from

The well-defined up-trend pattern in the Dollar remains in place and

After the big range down washout in the wake of the surprise BOC rate cut,

The Pound has managed to extend the January consolidation above the 1.50 level and

EUR and GBP were little changed since the Asia open, edging higher from

We expect the ECB to announce government bond purchases of EUR750bn today.

Long yields finally saw a more sizable upward movement in the US and Germany,

The pair closed in NY Wednesday at $1.5140 after rate had seen react lows

The pair started this morning at $1.1610 after a $1.1561 to $1.1680 range last night

AUD/USD continues to slide today after the surprise Bank of Canada rate cut