Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the GBP fell 0.23% against the USD and closed at 1.3283. In economic news, UK’s Markit manufacturing PMI unexpectedly rose to a level of 52.1 in June, notching...

For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1133, following the release of robust manufacturing PMI data from the Euro-zone and Germany. Data showed that the...

AU Retail Sales release may not move the market much unless we get our tradable deviation, especially considering the lower liquidity due to US Independence Day, I’d only take a trade if there...

AU RBA Interest Rate Decision today is likely to keep rates unchanged but the next direction for RBA is surely a cut rather than hike. Considering the aftershocks from Brexit, RBA will probably do a...

UK Services Purchasing Manager Index could be another strong release out of UK today. With Brexit in focus for the past couple of weeks, today’s release may bring UK back into the spotlight and...

US ISM Non-Manufacturing PMI is a leading indicator and especially important when scheduled before the Nonfarm Payroll, so we should see plenty of market reaction especially if this figure turns out...

We'll be getting the Canadian Employment Change release figure today but since it is released at the same time with the US Nonfarm Payroll, I suggest to focus on that release because the whole forex...

US NFP is expected to be around 181K, and with the Fed not likely to do anything until we get at least a few above 150K releases in a row, today’s release may not bring any long-term change for...

Saturday saw Australians head to the ballot boxes in what was expected to be a foregone conclusion for the centre-right Coalition government.But it’s 2016, and as we’ve seen from the...

Post-Brexit rebound sentiment continued on Friday, with the markets pricing for aggressive Central Bank easing.Spurred on by comments from the Bank of England’s Governor, Mark Carney, who said...

EUR/USD: Having halted its weakness to close higher the past week, we look for more strength to occur in the new week. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050...

For the first time that I can remember, my co-blogger and I have what I think is a real difference of opinion. As I understand his argument, he believes that, as of now, Brexit’s impact on the...

Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published.For analyzing the best pairs to trade looking from a longer term...