Forex Opinion & Analysis

Inflation data will dominate over the coming week as the UK and the US will release April CPI figures, while the Eurozone will publish its final CPI readings. The UK will remain in focus with the...

A wave of jitters swept across the global markets during trading on Thursday as ongoing concerns over the slowing global growth coupled with central bank caution soured investor risk appetite....

The Australian dollar posted small losses on Friday, continuing the downward movement that marked the Thursday session. AUD/USD is trading slightly below the 0.73 line in North American session. On...

Forex News and EventsUS retail sales to print soft again (by Yann Quelenn) Will US retail sales rebound today? After the very disappointing decline of 0.3% m/m for March, which triggered growing...

USD/JPY is subdued on Friday, as the pair trades just below the 109 line in the European session. On the release front, Japanese Tertiary Activity came in at -0.7%, well below expectations. The US...

There are two currencies that explain the dilemma for current global monetary policy: the JPY and the CNY. Should the US dollar strengthen too much against either currency, the respective central bank...

The GBP/USD reached 1.4530 high yesterday as the Bank of England (BOE) reiterated its view on policy and downgraded its GDP outlook. The GBP/USD is attempting to breakout of the downward trend and the...

The dollar trimmed gains against the other major currencies on Thursday, after data showed that U.S. jobless claims rose unexpectedly last week, fueling concerns over the strength of the job...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2840. The Canadian dollar gained ground, after Canada’s new housing price index advanced...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9701. In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 108.92. In economic news, Japan’s Eco Watchers survey for the current situation index...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4446, after the Bank of England (BoE) in a widely expected move left benchmark interest rate...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1378, after the Euro-zone’s industrial output fell sharply for the second consecutive...

USD/JPYThe USD/JPY has moved to the downside once again, re-testing SMA20 at 108.55 zones before moving higher again in the last hour. We will be neutral now to see whether the pair will clear the...