Forex Opinion & Analysis

Into the weekend we saw the market continue to push the USD higher, hitting fresh lows in EUR/USD ahead of 1.1100 where we see some heavy bids soaking up the pressure.There was little to drive the...

The British pound the day afterThe British pound has been putting in a strong performance over the past few trading sessions, as it has pushed to a 3-week high versus the US dollar (above 1.4730)...

All U.S. eyes are on Janet Yellen and the FOMC meeting in two weeks. It's an important event for the whole world for sure. But across the pond they are also looking beyond this to the vote to whether...

It will be a busy week for US data and the dollar in the next seven days as a number of key indicators are expected, including the all-important NFP report at the end of the week. The euro will also...

The Australian dollar is almost unchanged on Friday, as the pair trades slightly above the 0.72 line. On the release front, The US will release two key indicators – Preliminary GDP and UoM...

USD/JPY has drifted throughout the week and the trend continues on Friday, as the pair trades at 109.60. On the release front, Japanese Tokyo Core CPI came in at -0.5%, weaker than the estimate of...

GBP/USD holding above 1.4665/60 re-targets 1.4690/95 then this week's high at 1.4728/38. As we know, May highs and very important 200 day moving average resistance at 1.4762/69 is the biggest...

USD/JPYThe fluctuations are still seen on the USD/JPY pair despite retracing from areas above the intersection point of moving averages. Currently, the pair trades below 110.00 psychological, while...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.49% against the USD to close at 0.7223. LME Copper prices rose 1.50% or $69.5/MT to $4705.5/MT. Aluminium prices rose 0.91% or $14.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CAD to close at 1.2976. In the Asian session, at GMT0300, the pair is trading at 1.2998, with the USD trading 0.17% higher from...

For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9890. In economic news, Switzerland’s industrial production advanced for the first time in more than a year...

For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 109.68. In the Asian session, at GMT0300, the pair is trading at 109.89, with the USD trading 0.19% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.4661. In economic news, the second estimate of UK’s gross domestic product (GDP) advanced in line with market...

For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1190. In economic news, seasonally adjusted Italian retail sales unexpectedly declined by 0.6% MoM in March, from...