Forex Analysis

GBP Mid-day Analysis

Disappointing UK service sector results earlier this week,

The EUR stayed near its 11-year low at 1.106 ahead of the ECB meeting.

Focus will be on the ECB meeting, although it is expected to

Rates and the oil price barely moved yesterday while the S&P 500 went down 0.4%.

The pair closed in NY Wednesday at $1.5268 after recovering off an extended low of $1.5250.

The pair opened in Sydney at $0.7825 this morning after European and

The pair started in Sydney this morning at $1.1078, toward the lower end

USD/JPY opened in Sydney at Y119.70 this morning after being held to

Not surprisingly the euro is into fresh new lows on its charts in

Not surprisingly, the Swiss has seen another lower low for

An ongoing pattern of lower highs in the Yen would

A fresh higher high for the move overnight in the Dollar is partially