Forex Opinion & Analysis

Japan's economic growth was seen rising strongly in the third quarter, according to data released earlier today. Official data showed GDP rising 2.2% on an annualized basis in the three months ending...

CA Core CPI is likely a high impact release for Canada and considering Trump presidency in the U.S. would drive down crude prices, CAD’s long-term outlook is definitely not looking...

US Core CPI is expected to rise to around the 0.2% and with Feds likely to hike in December, any upward surprises should solidify that speculation whereas a weaker than expected release may not have...

UK Retail Sales should be a good release to watch, but again I would be cautious over holding a long GBP trade for long-term.4:30am (NY Time) UK Retail Sales Forecast 0.5% Previous 0.0% DEVIATION:...

The AU Employment Change release today will likely to move the AUD but since the “Trump scare” has added more weight to gold, AUD could be well supported in the short-term, thus I would...

US Core Retail Sales is a high impact tradable release and with presidential election being over, I believe market will focus now more on fundamental releases such as this for market...

Market BriefThe US dollar started the week on a firm footing as investors interpret Trump’s victory as positive for the US economy. Within the G10 complex, the greenback rose the most against...

For the 24 hours to 23:00 GMT, the AUD declined 0.97% against the USD and closed at 0.7534 on Friday. LME Copper prices rose 5.0% or $281.0/MT to $5900.0/MT. Aluminium prices rose 0.25% or $4.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CHF and closed at 0.9883 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9914, with the USD trading 0.31% higher...

For the 24 hours to 23:00 GMT, the USD rose marginally against the JPY and closed at 106.75 on Friday. In the Asian session, at GMT0400, the pair is trading at 107.40, with the USD trading 0.61%...

For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2599 on Friday. Macroeconomic data indicated that, UK’s construction output unexpectedly advanced by 0.3% on a...

For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0845 on Friday. In economic news, data showed that Germany’s final consumer price index accelerated to a...

EUR/USD holding below the October low at 1.0857/48 is negative as we hit the next target of 1.0825/21 at look for 1.0780/75. UPDATE: We have hit the 1.0780/75 target at held so far in oversold...