Forex Strategies

FX Daily Majors

Today’s highlights: EURUSD trend stays bearish to test the 2012 low at 1.2042.

Markets are relatively quiet and favouring risk taking leading into the holiday week.

Markets are mixed into the NA open, equities are flat, U.S. yields are falling,

Today’s highlights: EURGBP appears to be forming a bearish “symmetrical triangle” continuation pattern.

USD/JPY: With nothing new from the BoJ, we want to go along with risk and

Having dropped below 0.7700 in the wake of the Fed yesterday,

AUD/USD: We initially saw some profit taking in Asia but bounces have been limited.

NZD continued to fall overnight, falling with the G10 pack against the USD.

Today’s highlights: AUDUSD has fallen aggressively again and

Markets are calmer than they were yesterday leading into today’s Fed meeting and

Within financial markets, currencies have mostly taken a back seat to

The NZD is moderately stronger this morning, benefitting from some rather violent USD