Forex Analysis

JPY Mid-day Analysis

The Yen has seemingly peaked out overnight as a recovery in oil prices,

The Dollar starts the Friday morning trade out on a positive track but still off its recent highs.

The Canadian remains mired near the recent lows and seemingly weighed down

The Pound continues to win by default as the news flow regarding the Euro zone,

The Swiss decision to abandon the EUR/CHF floor sends shock waves to

EUR and GBP were both nearly unchanged from the US close,

Focus will be on US data. We expect headline CPI inflation to have eased

EUR/CHF momentarily plunged by 30% to around 0.85 following a surprise move

The euro suffered its biggest one-day drop against the Swiss franc in history and

The pair closed in NY Thursday at $1.5179 at the end of a very volatile day,

The AUD/USD started at $0.8217 and saw an early dip to $0.8183 but

After yesterday’s shock SNB announcement, EUR/USD fell to a $1.1568 low