Forex Analysis

Weekly Commentary

In a few short months, crude oil prices have fallen to levels not seen since 2009.

As the year and approaches, FX volatility should come down.

ECB’s QE is getting nearer. The persistent deflationary pressures have recently been exacerbated by the plunge in oil prices.

During a war the ECB would wait on the boat until the rest of the world’s central bankers stormed the beaches.

The trend is down and the unrelenting Dollar is expected to

The down trend in the Yen remains firmly entrenched and

While the Dollar appears to retain fundamental supremacy relative to the Euro,

We still think the Canadian is making a major bottom but

Consolidation support continues to build just above the 1.56 level in the December Pound.

The zloty outperforms the forint.

Ahead of US payrolls G10 dollar-pairs are flat with EURUSD at 1.2382,

The main event today is the November labour market report in the US.