Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the GBP fell 1.00% against the USD and closed at 1.3314, after the Bank of England (BoE) Governor, Mark Carney, indicated that the central bank might ease monetary...

For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1098, after a Bloomberg report hinted at more European Central Bank (ECB) easing. In economic news, the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 135.88; (P) 137.36; (R1) 138.83; Intraday bias in GBP/JPY remains neutral for consolidation above 133.23 temporary low. Upside of recovery should be limited by...

AUD/USD has made a nice impulsive fall from 0.7646 region, where wave 2 might finally completed a complex corrective pullback, known as a double zig-zag. For now price bounced up from the lower side...

The euro is unchanged in the Friday, as EUR/USD continues to hug the 1.11 line. It’s an unusually busy Friday, so the markets will have plenty of economic data to digest from the Eurozone and...

The pound dropped back below the 1.33 level against the dollar on Thursday after the Bank of England Governor Mark Carney hinted at a summer rate cut. In a live broadcast, Carney told reporters...

Sterling bears were unchained during trading on Thursday following Bank of England’s Governor Mark Carney’s incredibly dovish comments which cemented expectations over a probable UK rate...

Previous:The downward correction on Thursday went deeper than expected. After a renewal of the session maximum, the euro corrected to 1.1024 (forecasted: 1.1070). A sharp rebound was caused by a...

INTRADAY CHART BIAS: While still allowing for 0.7484, overall I still look for losses Resistance: 0.7462-72 0.7484 0.7510 0.7525Support: 0.7423-33 0.7400-05 0.7370-80 0.7348 MAIN ANALYSIS: ...

It wasn’t as quiet as I expected but had a few decent hits – particularly in EUR/USD and AUD/USD – but it was GBP/USD that generated a more substantial move. The downside was...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Sterling dropped like a rock after Bank of England Governor Carney said another rate cut is coming this summer. Carney has...

An extremely mixed session in FX, with month end flow prompting swings in the USD rates with the exception of the JPY. Early talk in the market was of a LHS fix in GBP/JPY as the portfolio hedging...

As the dust begins to settle after the market mayhem over the last few days, we are still no clearer on where things are headed for the Pound. The Pound reached its lowest price against the dollar on...

The Australian dollar has posted small losses on Thursday, reversing the upward direction, which marked the Wednesday session. AUD/USD is trading in the mid-0.74 range in the North American session....