Forex Bank Research

It has been a wild ride in FX this morning. The foreign exchange markets have reversed course and the euro, Aussie and pound are making fresh highs of the day while the dollar and the yen have started......

FX markets were largely rangebound but choppy and headline risk remained elevated as several developments continue to flow out of the Euro zone. Discussion over the size and possible leverage of the ......

The early morning embracing of risk eventually gave way to the nagging doubts that any real resolution will be produced from this weekend’s upcoming Euro Zone summit, thus enticing a sell off ......

The EUR/USD saw late New York gains chopped down when the ratings agency Moody’s cut the bond rating of Spain near the end of the day. Earlier gains that saw highs through 1.3810 were on the ......

If you take a cold, hard look at the facts of the European sovereign debt crisis: highly indebted member states, rising bond yields for the core economies and under-capitalised banks that hold the ......

The U.S. dollar was mostly firmer as the risk rally faltered on concerns that France and Germany may not be able to reach an agreement on and reports that European bank recapitalization plan may fall ......

Just over a week ago, our buddies over at the Bank of England decided to slap the markets with another round of quantitative easing. Now, the question is who will be the next to turn on the monetary ......

Not surprisingly, the EUR/USD was knocked off of its perch overnight when markets realized that their expectations of a resolution to the Euro Zone debt crisis were too high for EU finance ministers ......

The dollar reversed earlier gains and equity markets shot higher as the risk-off sentiment we saw over night following softer growth in China turned around amid rumors that France and Germany have ......

UK inflation data surged in September, headline inflation rose 0.6 per cent on the month to 5.2 per cent. This is the highest level of CPI apart from when it reached 5.2% three years ago. The main ......

The greenback was mixed against the majors with the Dollar Index continuing to hold above the 50% retracement of the rally from Aug. lows to Oct. highs. The risk rally appeared to be losing steam as ......

Yesterday’s rally in risk has not been sustained today. The markets in Europe have shrugged off better than expected JP Morgan results, which suggest that the banking sector in the US is not as ......

The Australian dollar took center stage today in Asia making some respectable moves in an otherwise quite session. The Euro as well as most of the risk currencies were still at elevated levels from ......

The Euro was still suffering in Asia from the fallout of Slovakia rejecting the expansion of the EFSF earlier in New York, but the day belonged to China. The passage through the US Senate of the so ......

The dollar was under pressure as risk sentiment continued to improve amid the release of the FOMC minutes and speeches from key officials. High beta currencies (AUD,NZD,CAD) outperformed as equities ......

Risk is staging a stunning rally today; EURUSD has had a large move higher and has attempted to get above 1.3800. Above here opens the way back to 1.4000. After the sell-off in the euro in recent ......

The U.S. dollar was broadly mixed in a choppy session, firmer against the GBP, CAD, CHF, and NZD while losing ground against the NOK, EUR, SEK, AUD and JPY at time of writing. The euro rose as the ......