Forex Opinion & Analysis

The value of the euro against the dollar dropped down again this Monday morning. The European currency fell its lowest level since the beginning of this year. The euro reached a low of 1.0728 compared...

EUR/USD slips down further more as US election seems to an end. The US dollar index went bullish starting on Friday with a high at 99.13, opened today with an increase-gap 99.39, high 99.67, currently...

The dollar hit its highest levels in nine months against a basket of the other major currencies on Friday, boosted by expectations that the administration of U.S. President-elect Donald Trump will...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0840 2nd Resistance: 1.0870 1st Support: 1.0750 2nd Support: 1.0679 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of the...

Market Drivers for November 14, 2016 Renzi referendum pressures euro USDJPY to 108 Nikkei 1.71% DAX 0.87% Oil $43/bbl Gold $1226/oz. Europe and AsiaEUR: IP -0.8% vs. -1.0% North AmericaNo Data The...

This week is expected to further strengthen the dollar. Scheduled for the week of speech of the Fed Janet Yellen may contain signals at increasing rates in the US in DecemberLast week was a sharp...

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...

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...

UK CPI y/y release should provide plenty of market reaction but of course with the drama continuing with the “Brexit” event, I’d recommend only buy GBP for the short-term if we get...

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 0.57% against the CAD and closed at 1.3545 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3548, with the USD trading slightly higher...