Analysis: Currencies

NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD): The Kiwi under pressure

As well as having a famous rugby team, New Zealand also has a strong currency, often ranked among the eight major currencies. The local central bank, the Reserve Bank of New Zealand , has recently...

EURO / US DOLLAR (EUR/USD): Political impasse in Italy

Downward pressure on the Euro is confirmed following the complicated Italian legislatives despite the confirmation of the U.S. monetary policy by Ben Bernanke. Annual high points already seem so far...

EURO / US DOLLAR (EUR/USD): Fed changes the face

Monetary policies of central banks drive the market in early 2013 and the FOMC Meeting Minutes did not exception. Usually accused of letting slip its currency to attractive rates, the U.S. central...

EURO / US DOLLAR (EUR/USD): Green light from G20 to accomodating policies

The single currency could soon restart its rise whereas, as expected, the statement of the G20 does not stigmatize the Japanese or American monetary policies. At the end of the meeting of finance...

US DOLLAR / JAPANESE YEN (USD/JPY): Report on the Yen before the G20

While unconventional measures implemented by the Bank of Japan focus the attention of most Western authorities, reluctant to admit competitive devaluations, can the meeting of finance ministers and...

EURO / AUSTRALIAN DOLLAR (EUR/AUD): The RBA is ready to act

While Australia remains the only major country to have escaped from recession in 2008 thanks to the demand from the emerging countries, its economy is currently undergoing turbulence of the global...

EURO / US DOLLAR (EUR/USD): Attention is now on Eurozone currency

After a high of 14 months beyond USD 1.37, Euro fell in the face of political uncertainty in Italy and Spain and concerns of European leaders. While the transalpine peninsula observed with utmost...

EURO / US DOLLAR (EUR/USD): Buying fever

Encouraged by the status quo of the Fed, the Euro continues to rise but could now face a major resistance while the peripheral economies of the Old Continent struggling to revive. Though she had...

BRITISH POUND / US DOLLAR (GBP/USD): The Bank of England is going to go to war

While the devaluation race is in full swing in the United States as in Japan, the Bank of England could print money due to oppressive risk of a third recession since 2008. Although growth resumed...

EURO / US DOLLAR (EUR/USD): Target price reached

After several sessions of hesitation, the euro has broken its upper bound of its trading range due to favorable international macroeconomics and the prepayment of a portion of the loans by European...

EURO / US DOLLAR (EUR/USD): Confidence is back

Although helped by Mario Draghi and the first budget agreements in the United States, the euro continues to rise despite the publication of the last minutes of the Federal Reserve. Lack of...

EURO / US DOLLAR (EUR/USD): Mario Draghi helps the euro

The euro is close to its new annual highs following the status quo of the ECB, which has kept its minimum rate to 0.75% for the sixth consecutive month, and the reassuring words of Mario Draghi about...

EURO / US DOLLAR (EUR/USD): Precipitated agreement in Congress

After an attempted amendment quickly removed, the House of Representatives, Republican majority, preferred in emergency voted the agreement, itself reached yesterday by the Senate and the White House,...

EURO / US DOLLAR (EUR/USD): Time of concessions

The euro is horizontally moving, remarkable for its low trading volumes, however, significantly resistant to the persistent failure of negotiations about the “fiscal cliff”. In an emergency,...

EURO / US DOLLAR (EUR/USD): Near the annual record

Recent events have helped to ease tensions in the Eurozone and that investors expect a favorable outcome to the negotiations around the U.S. fiscal cliff, the Euro continues to rise, now approaching...

EURO / US DOLLAR (EUR/USD): For a few dollars more

The Euro is approaching again our resistance to 1.3130 with the announcement of new asset purchases by the Federal Reserve and an agreement on the European banking supervision, yet now the Euro could...

EURO / US DOLLAR (EUR/USD): Upper bound of a trading range as target

Few punishable by bad news from the Old Continent, the euro was swept away by the risk appetite and the relative weakness of the dollar. Regardless of whether the Eurozone fell into recession in...

EURO / US DOLLAR (EUR/USD): 250 pips in two days

The decline of Euro follows the downward revisions of ECB’s forecasts. The acceleration of profit taking was caused by the press conference of Mario Draghi when he stated that the decision of a...

EURO / US DOLLAR (EUR/USD): Major technical level

Euro has completely flip-flopped in contact with our medium-term resistance and the flow of European good news should be exhausted, the wait and see attitude could now happen. The investors are now...