Forex Opinion & Analysis

The Wall Street Journal is reporting that minutes of a meeting in China two months ago reveal that officials there have abandoned their commitment to give market forces greater sway in setting the...

The pair continues falling amid the publication of weak statistics in the eurozone. The GDP growth in Germany on a year-to-year basis came out at 1.3% while economists predicted a 1.6% growth. In...

EUR/NZDCurrently we are 1.6591 in a large range. We are looking for continuation to the 0.500 fibo @ 1.6468 with a further target @ 1.6381. Watch for the bounce there. The average daily true range...

The British pound climbed more than 100 pips from our long-entry after latest polls show growing support for the 'Remain' Camp in the June 23 referendum. As a result, the likelihood of a Brexit has...

Key quotes from the Credit Suisse FX report: EUR/USDThe immediate risk stays lower for 1.1144, followed by a stronger support at 1.1100/1058. EUR/USD remains in a consolidation range, leaving the...

Forex News and EventsSwiss franc boosted by solid trade data Swiss trade surplus improved slightly in April. Exports expanded 6.2%y/y in nominal terms in April - or a contraction of 0.6%y/y in real...

There are 110 reasons why foreign exchange traders should be monitoring flows in the dollar/yen market during Tokyo time in coming weeks. That’s because “more than half of Japan's major...

USD/CHFThe USD/CHF pair hovers around 0.9900 level since yesterday, showing sideways and tight trading, waiting to get enough positive momentum to push the price to resume the bullish trend on the...

The Australian dollar has posted losses on Tuesday, as the pair trades at 0.7160. On the release front, it is a quiet day. We’ll get a look at the week’s first key event, with the release...

Market BriefThe US dollar strengthened substantially in overnight trading amid rising expectations about an upcoming rate hike by the Federal Reserve. The greenback gained ground against almost all...

London Forex Report: Fed rhetoric continues to be hawkish, spurring expectations the Fed is paving the way for a June rate hike. Fed Williams said the Fed is on track to raise rates in June or July...

Commodity currencies traded in red across the board early Tuesday as risk aversion and dropping commodity prices continued to weigh on high yielding currencies. The Aussie fell by more than 30 pips...

The USD is trading higher across the board as commodities turned lowers, so commodity currencies suffer the most but early today we can see finally EUR and CHF giving up as well against the buck.On...

USD/JPY is steady on Tuesday, following losses which marked the Monday session. The pair is trading quietly at 109.50. On the release front, it continues to be a quiet week. Today’s highlight is...