The GBPJPY also is starting to look a little more favorable from a technical perspective.  On a hourly chart the pair moved above the 100 and 200 hour moving average on January 2nd and tested ...

The pair is moving sharply higher.  The technicals are looking more positive for the pair.  The 1.5000 level will most likely provide some resistance, especially given the more than 450 pip ...

The EURUSD has also rebounded strongly post the ECB Constancio's comments this morning .  The pair has moved up and is testing the midpoint of the days range.  A move above this level would ...

The GBPUSD has moved to new highs on the day - moving back above the 200 hour moving average.  As mentioned in the morning commentary, the GBPUSD came under pressure earlier today on the back of...

The EURGBP has made another new low on the day and is starting to approach the 38.2% retracement target support level.  As outlined over the last few days, the EURGBP has been correcting after ...

The USDCHF continued its move higher overnight.  The pair moved through the 38.2% retracement level at the 1.1105 level and is now targeting a test of the 50% retracement level which comes ...

The Eurozone Flash CPI came in at 1.6%, lower than the 1.8% expectation and down from 2.1% last month.  The 1.6 rate assumes a M/M change of 0.0%.  The risk for inflation in the ...

The Canada Industrial Product and Raw Material Prices for the month of November will be due at 8:30 AM.  The expectation is for the Industrial Production Prices to show a decline of 1.1% for the ...

The afternoon bias is for a higher dollar this afternon. However, some key intraday technical levels are being tested. The USDJPY could not make an extension below the 61.8% retracement level at the ...