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Forex: EUR/JPY resurfaces above 113.00
FXstreet.com (Barcelona) – The Euro reemerged from a 1-week low at 112.62, after Asian investors…

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Technical Analysis Daily: GBP/USD
On Thursday Pound/Dollar continued with slight ascending, in line with the positive Interbank sentiment at nearly +22%, than dropped, losing the earlier gains. The Cable depreciated from 1.5659 to 1.5580 yesterday, closing the day at 1.5609. Today the pair is moving tentatively for now. On the 1 hour chart the

Dollar Struggles Ahead of 2Q GDP Fed Maintains Dovish Outlook

• Dollar Struggles Ahead of 2Q GDP – Fed Maintains Dovish Outlook
• Euro Rallies as Economic Confidence Tops forecast, German Unemployment Declines
• British Pound Continues to Trend Higher Ahead of GfK Consumer Confidence Survey
• Australian Dollar Regains Footing as Swan Talks Down Recent Inflation Report
• Japanese Yen Rallies Extends Yesterday’s Advance On the Back of Risk Aversion
• New Zealand Dollar Pushes Lower Following Dovish Comments Subsequent to RBNZ Rate Hike

Daily Forex Update: EUR/CAD
After a week of hard-fought gains and higher lows in the EUR/CAD, the Euro has weakened slightly against the Canadian Dollar and corrected lower intraday. After exhausting at the resistance of the Autochartist Forecast area between 1.3575 and 1.3603 (F) which projected the upside target following the Rising Wedge continuation prices are

Opening Comment 07.30

Another session of broad based USD weakness on Thursday, with the buck getting hit hard on some dovish comments from Fed Bullard who expressed concerns of Japan-like deflation and the potential for quantitative easing.