GBPUSD - With GBP Holding on to most of recovery gains, it faces the risk of further upside pressure. On the upside, resistance resides at the 1.5300 level with a break aiming at the 1.5350 level. A violation will aim at the 1.5400 level and possibly higher towards the 1.5450 level...

USDCAD - USDCAD continues to build up on more upside pressure medium term though it was seen backing off higher prices on Tuesday. On the upside, resistance is seen at the 1.2000 level followed by the 1.2050 level. Further out, resistance comes in at the 1.2100 level where a turn lower may occur...

The dollar rallied from .85 to .92 as the 10 year bond yield went from 2.62% in September to 1.83%. Gold is recovering from its early November lows at $1,140 as it almost touched $1,250 this week...

In an unprecedented move, which throws SNB credibility out of the window, the Central Bank decided to announce an end to its 1.20 EUR/CHF protective floor, while cutting interest rates to -0.75...

• Passive is Massive (FT) • Why you should buy the most despised company in America (Marketwatch) see also Buy What You Hate (TBP) • Nine Reasons Why Bond Yields Are Falling (Yardeni) • Forget Emerging Markets. Hot Topic at Davos 2015 Is the U.S...

USD/JPY broke below 116.60 and dropped to 116.28, reaching a fresh daily low. The pair remains with a bearish bias in the short term as stocks retreated in Europe after the SNB abandoned the EUR/CHF cap. On Asian hours greenback extended the recovery against the yen and reached 117...

EUR/USD seems recovered after the SNB caught everybody off guard in today’s meeting, now regaining the 1.1700 region after being down to 1.1570. EUR/USD calmer, keeps in red The offered tone remains intact around the euro today, with spot struggling to keep the trade in the vicinity of 1...

2015-01-15 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Employment Change] past data is 45.0K forecast data is 5.3K actual data is 37.4K according to the latest press release if actual > forecast (or actual data) = good for currency (for AUD in our case...

The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed a given exemption threshold by 0.5 percentage points, to −0.75...

The FX market shifted its bias after the weaker than expected Retail Sales data for the US economy. The US dollar was weighed by the sluggish retail growth data and remains in consolidation against its major counter parties. More specifically, the USDJPY dropped to as low as 116...

The Asian session today saw AUD and INR strengthening after robust employment figures in Australia and the surprise 25bps rate cut by the RBI respectively. AUD/USD is up 1.07% at 0.8228,, while USD/INR is down 0.6000 points at 61.5900 US indices registered another negative close with Dow (-1...

World Bank downgraded its global economic forecast citing weak prospects for the euro area and Japan. World Bank said global gross domestic product is expected to grow 3 percent in 2015, slower than the 3.4 percent estimated in June. For 2016, the economy is projected to expand 3...

Reported at 8:30am in the second or third week of the month the Producer Price Index (PPI) is a measure of the increase or decrease in the selling price received by US producers for their output...

AUD/USD: Avoiding this pair for now Open short positions of last week have been stopped out and for now this pair is being avoided. There are little changes compared to yesterday...

The mexican peso rose to the highest price in almost a month again the US dollar and is among the best performers on Wednesday among Latin American currencies. The USD/MXN is falling 0.35% despite risk aversion. Stocks dropped in Europe and were falling in Wall Street. The Dow Jones was losing 1...

It seems the greenback is now taking a breather, with USD/CAD looking to stabilize in the 1.1965/70 area. USD/CAD down from 1.2020 After reaching multi-year peaks around 1...

The single currency recovers the 1.1800 handle on Wednesday, pushing EUR/USD from the 1.1740/30 band. EUR/USD stronger after US data The greenback is suffering the disappointment from December retail sales, which contracted 0.9% inter-month vs. -0...

Despite the recent short-term rally, the fundamentals still point toward a weaker AUD/USD. Slowing growth in China, the weakening Australian economy and the strong possibility of an interest rate hike by the Fed are three reasons to expect renewed selling pressure on any rallies...

USDJPY Technical Analysis – Heading towards 115.45 The yen rose for a fourth day against the dollar as Japanese stocks fell following a decline in oil to the lowest since 2009...

Yen rising on Asian markets as a safe haven currency, with US rates falling that have weighed on the dollar and expectations of a substantial monetary stimulus from the ECB perte that kept the euro subdued. Around 7.30, the euro is worth 1.1793 / $ 94 from a previous close at 1...