Forex Opinion & Analysis

GBP/USD trade sentiment stays above long-term support ahead of BOE meetingGBP/USD has appreciated and traded above 1.4060 after dovish Fed comments on interest rate hike expectations this year. Sticky...

GBP/JPY Daily OutlookDaily Pivots: (S1) 154.15; (P) 155.40; (R1) 156.29; Intraday bias in GBP/JPY stays neutral for consolidation above 151.64 temporary low. Upside of recovery should be limited...

AUDUSD MovementFor the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.7553. LME Copper prices declined 1.29% or $61.0 /MT to $4654.0 /MT. Aluminium prices rose 0.47%...

USDCAD MovementFor the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD to close at 1.3000. The CAD gained ground, after Canada’s unemployment rate surprisingly fell to 7.1% in...

USDCHF MovementFor the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9536. The Swiss Franc strengthened, after Switzerland’s consumer price index (CPI) advanced...

USDJPY MovementFor the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 108.19. In economic news, Japan’s Eco Watchers survey for future outlook fell unexpectedly to...

EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1400. In economic news, Germany’s trade surplus widened to a level of €20.3 billion in...

EUR/USD - more actions on ECB minutesThe EUR/USD steadied in a long-term range between 1.1365 and 1.1435 on political tension and ‘Brexit’ issues, and on concerns that the ECB is more...

As the signals reinforcing the belief that a “Shanghai Accord” was indeed agreed by the world’s largest central bankers are becoming more obvious, currency markets – and...

General market sentiment is likely to be the key driver of USD crosses this week, with the focus being IMF's World Economic Outlook (Tuesday) and China’s 1Q GDP (Friday). Any disappointments and...

It was a mixed start to the week in Monday’s Asian trading as the strong yen continued to weigh on Tokyo stocks but higher oil prices boosted equities elsewhere. Shares in China’s main...

The dollar weakened against its peers on Friday, remaining at near 6-month lows on thin volume traded after the Federal Reserve Bank of Atlanta announced that US GDP barely expanded in the first...

EUR/USDRisk reward: 2.03Volatility: AverageSell at 1.1427 SL 1.1459 TP 1.1362USD/JPYRisk reward: 1.97Volatility: AverageBuy at 107.69 SL 107.37 TP 108.32 GBP/USDRisk reward: 2.25Volatility: HighSell...

The USD struggled all week to string gains against majors on the back of mixed economic data. The U.S. trade balance showed a higher tan forecasted deficit (-47.1 billion) and a decrease of job...