Forex Analysis

FI Eye-Opener: When QE is not enough

Stocks on both sides of the Atlantic register modest gains and a rebound in the Nikkei after Shinzo Abe

Despite a slight gain in the headline CPI number to 1.3%, GBP/USD remained in narrow European range trade on Tuesday.

The pair traded at $0.8723 heading into the NY close after it had marked a $0.8682 to $0.8746 range through the day.

The pair started this morning at $1.2536 after a $1.2510 to $1.2545 range during the US hours last night.

The pair opened at Y116.86 this morning in Asia and tested Y117.00 in early dealings before backing away.

The projections in the Bank of England’s November Inflation report showing inflation dropping to

Following an extremely oversold spec positioning in the last COT report,

The 50 day moving average in the December Swiss is seen up at 1.0514 and

The down trend in the Yen continues as calls for a snap election and

The Dollar looked set to charge higher against a long list of hapless currencies at the start of this week but

Down trend channel resistance in the December Canadian is seen up at 88.88 and

Reports of a decline in monthly UK grocery sales for the first time in 20 years