With a light economic calendar on Monday, the US Dollar rallied through the Asia session and into the early London session. USD/CHF reclaimed the .9200 level to the upside and EUR/USD dipped below 1.8000. It remains to be seen if…

In overnight trading, risk-on sentiment made a move to re-assert itself before the end of the week with EUR, GBP and AUD all extending their gains heading into the London session.   UK GDP was released early in the London…

During the Asia trading session, the Yen continued to recover some its losses from the previous week with USD/JPY testing and then touching below the 110.00 level. During the European session we could be see a further run downward into…

In overnight Asia trading, GDP growth figures were released from Japan with a strong reading of 1.9% Q/Q (Expectation: 1.6%). After a previous negative reading of -4.2% this was a welcome development and could help to underpin the Yen in…