Analysis: Currencies

US DOLLAR / JAPANESE YEN (USD/JPY): Hesitation

The yen, the favorite currency of traders in times of risk aversion, oscillates wherever conflicting signals that keep coming on the foreign exchange market : the wait-and-see policy of the Federal...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Australian dollar gets the foreign exchange market up

The Australian dollar moves away from its lows after the publication of annual growth rate in the first quarter well above expectations and despite a new tightening down of the central bank a day...

EURO / US DOLLAR (EUR/USD): The calm before the storm

On the eve of an informal meeting of EU leaders, the euro will pause after announcing new elections in Greece, the G8 has calmed markets despite a series of downgrades in Europe. The failure of...

EURO / US DOLLAR (EUR/USD): Bearish gap

The european currency fell again after significant elections in Europe when Spain goes into a recession while the ECB is silent on its intentions, Moreover, U.S. statistics exacerbate...

EURO / US DOLLAR (EUR/USD): Breakdown of USD 1.3 ?

Mixed atmosphere on the markets : China tempers enthusiasm, Spain exacerbates investors and U.S. data feed caution. This week, investors confronted with slowdown of growth in China showing that...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Cheap purchases

Australia's currency is accelerating downward on account of speculation about a rate cut by the central bank and the publication of an unexpected trade deficit. However, the currency should recover...

BRITISH POUND / US DOLLAR (GBP/USD): Towards USD 1.62

In the wake of a strong Euro, the Sterling ended the week beyond 1.60 USD despite the publication of a larger UK business contraction than expected and the accommodative policy of the central...

EURO / US DOLLAR (EUR/USD): Bullish signal

The single currency crosses again the level of USD 1.33, supported by the adjustment of speech of the ECB and the Federal Reserve and the prospect of increased financial firewall for the...

EURO / SWISS FRANC (EUR/CHF): The Swiss National Bank protects our stop-loss

By confirming, during its quarterly meeting, to defend the lower threshold of 1.20 CHF for one euro with all the required determination and she stood ready to buy for this purpose unlimited quantity...

EURO / US DOLLAR (EUR/USD): Dollar rush

Despite the adoption of the second bailout to Greece, the euro has slowed down against the dollar, supported by a strong recovery in the U.S. economy affecting the monetary policy of the Federal...

EURO / US DOLLAR (EUR/USD): No disorderly default

The Euro remains under pressure this week despite the success of the exchange of Greek bonds, the new report on U.S. employment removing further easings for U.S economy. The rate of private sector...

EURO / US DOLLAR (EUR/USD): Loss of visibility

After being close to 1.35 USD, the euro decreased moderately despite the massive new loan at low rate of the ECB, the dollar bouncing while the prospect of a third wave of quantitative easing moves...

EURO / US DOLLAR (EUR/USD): The elastic effect

Following a surprising increase in intensity in recent sessions, the euro arrived in an overheated area while negative signals have appeared again. Certainly the Greek Parliament adopted the bill...

BRITISH POUND / US DOLLAR (GBP/USD): The Bank of England supports the economy

The quarterly report of the Bank of England and the publication of minutes of last institution meeting provide valuable elements allowing us to refine our expectations about the evolution of...

EURO / US DOLLAR (EUR/USD): Athens on borrowed time until legislative

Euro again tests our resistance of 1.3276 USD, driven by the result of 13 hours'dealings in Brussels after which an agreement on a new rescue plan emerged. After the Chinese central bank has...

EURO / US DOLLAR (EUR/USD): The Greek case tired markets

Many uncertainties surround the direction of parity these days, good and bad forecast mingling in Europe while the U.S. data confirm their robustness. The markets have initially accused the shock...

US DOLLAR / JAPANESE YEN (USD/JPY): A sustainable rebound ?

For almost two years, the Japanese currency has been a major safe asset for financial investors despite the economic fundamentals of the archipel. In fact, the Japanese currency has continued to...