Forex Opinion & Analysis

Forex News and EventsWhen the smoke clears (by Arnaud Masset) We are almost at the one-week mark since the historic Brext vote. The market’s initial reaction was to sell everything, from...

Market Drivers for June 30, 2016 Yuan fixing causing wobbles in Asia UK Current Account deteriorates Nikkei 0.06% DAX -0.25% Oil $49/bbl Gold $1320/oz. Europe and AsiaAUD: Private Sector Credit 0.4%...

The US dollar got a shot in the arm with the Brexit vote last week. A sharp two day move higher took the US Dollar Index back towards the top of the long consolidation range between 92 and 100. But...

USD/JPY is unchanged on Thursday, following the lack of movement which marked the Wednesday session. The pair is trading just shy of the 103 level. On the release front, it’s a busy day....

Thursday June 30: Five things the markets are talking about Both month-end and quarter-end portfolio rebalancing demands are expected to temporarily gloss over some of the ills that last week’s...

The euro is unchanged on Thursday, following gains in the Tuesday and Wednesday sessions. EUR/USD is trading at 1.1130. The markets will have plenty of indicators to digest on Thursday. German Retail...

GBP/USD: Long At 1.3370The Office for National Statistics left its earlier estimate of British first-quarter growth unchanged, in a picture that shows the economy heavily reliant on household spending...

EUR/GBP holding below first resistance at 8290/85 re-targets 8270/66, perhaps as far as support at 8230/25 but we cannot rule out another move towards strong support at 8199/95. A bounce from here...

Both NZD/USD and AUD/USD Post Solid Rebounds Since Brexit Sell Offs The New Zealand and Australian Dollars were displaying bullish outlooks versus the US dollar and aiming higher into the key UK vote...

GBP firmer for second day, but outlook remains cloudyYesterday was again a day of consolidation and stabilization for the UK – the FTSE 100 recouped the losses suffered since Thursday’s...

Currency markets maintained their calm on Thursday as investors turned increasingly hopeful that central banks would maintain or expand accommodative monetary policy following the Brexit vote. The...

The dollar extended losses against the other major currencies on Wednesday, after the release of downbeat U.S. housing data, while renewed optimism following Britain’s decision to leave the...

EUR/USDPrevious: The rise in the stock markets and the price of oil on Wednesday facilitated a strengthening of the commodity currencies and, via them, the euro. The price of Brent again surpassed the...

GBP/USDThe upside correction stopped at levels slightly above 1.3515, so the pair is likely to decline again during the Asian session today. Trading below 1.3515 will keep our overall negative...