Forex Opinion & Analysis

The Australian dollar has posted small gains on Friday, repeating the trend which marked the Thursday session. AUD/USD is trading at the 0.7710 line in the European session. In economic news, Chinese...

EUR/USDRisk reward: 1.25Volatility: AverageSell at 1.1271 SL 1.1303 TP 1.1231USD/JPYRisk reward: 2.13Volatility: HighSell at 109.73 SL 110.05 TP 109.05 GBP/USDRisk reward: 1.87Volatility: AverageSell...

The Sterling was flung onto a fierce rollercoaster ride during trading this week with prices surging to weekly highs at 1.4347 against the USD following the unexpected rise in UK CPI for March, which...

Major currencies saw a muted response to Chinese GDP data out today that showed growth slowing to the lowest since the first quarter of 2009. China’s GDP expanded by an annual rate of 6.7% in...

A sense of unease rippled across the global markets in the early hours of this morning following the announcement of China’s Q1 GDP figure of 6.7% which was the slowest quarterly growth the...

EUR/USD is flat on Friday, following three consecutive losing sessions this week. The euro is trading at 1.1250 in European trade. In economic news, the Eurozone releases Trade Balance later today....

Action by the Bank of Japan (BoJ) action to move interest rates on yen bank deposits into negative territory is causing unintended side effects. Negative interest rates are causing the yen to rise,...

AUD Employment Error. Crazy Price Action: The Aussie dollar once again made a new overnight high, poking it’s head through the resistance zone we’ve been watching before easing a little...

EUR/GBP has trend line resistance at 7985/90 today but above here is more positive and signals the resumption of the bull trend, targeting resistance at 8005/09. A high for the day possible but a...

GBP/USD Open 1.4146 High 1.4206 Low 1.4090 Close 1.4151On Thursday pound/dollar decreased with 115 pips. The cable depreciated from 1.4206 to 1.4090 yesterday, in line with the negative money flow...

The U.S.CPI for March released yesterday was all out of the expectation. CPI (YoY) (Mar) increased by 0.9%, which was two percentage points lower than the expected 1.1%. The core CPI (YoY) (Mar)...

BOJ Governor describes the yen's gains so far this year as excessiveApr 15, 2016 00:50GMT BOJ Governor Haruhiko Kuroda has dismissed the view held by some in the market that deploying negative...

The dollar strengthened against its peers to 2.5 week highs as the market overlooked varied US economic data. US jobless claims filed for last week dropped 13,000 from the previous week’s total...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. At the start of the week, we said the Canadian and Australian dollars could hit new multi-month highs and now that these...