Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CAD and closed at 1.2997. In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.19% higher against the...

For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9770. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.09% higher against the...

For the 24 hours to 23:00 GMT, the USD declined 0.9% against the JPY and closed at 101.62. In the Asian session, at GMT0300, the pair is trading at 100.74, with the USD trading 0.87% lower against...

For the 24 hours to 23:00 GMT, the GBP fell 2.12% against the USD and closed at a new 31-year low of 1.2994, amid renewed Brexit worries and after the release of downbeat UK services data. Yesterday,...

For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1059. In economic news, the Euro zone’s retail sales rose in line with investor expectations by 0.4% MoM in...

GBP/JPY Daily OutlookDaily Pivots: (S1) 130.90; (P) 133.57; (R1) 135.12; GBP/JPY's decline resumed by taking out 133.23 and reaches as low as 128.66 so far. Intraday bias is back on the downside....

Risk aversion resumed after the US returned from its holiday, with investor sentiment turning sour after a third real estate fund suspended trading after an increase in investor redemptions. Sterling...

The last 24 hours have been a veritable roller coaster for financial markets as ongoing volatility from the UK referendum result continues to simmer.Despite the highly negative event, the currency...

APAC Currency Corner – The Pound Pounded Investor sentiment soured over the July 4 long weekend.” Just when you thought it was safe to go back in the water”, the pound got pounded as...

Following that curious “almost” consolidation, the outcome I had been expecting didn’t occur. That is, it was looking like a consolidation but the outcome has suggested a more direct...

During the session on Tuesday, we initially tried to rally in the EUR/USD pair, but ran into quite a bit of trouble at the previous uptrend line. This invoked a phenomenon known as “market...

In short: no speculative positions.The road to a Bitcoin ETF has proved to be pretty challenging for the Winklevoss twins. First mentioned in 2013, the ETF has yet to be approved by the SEC, more than...

US DollarThe employment report Friday will be key. Another bad number and the dollar will tank and start a left translated daily cycle. A weak dollar is going to be bullish for everything, so...