Forex Opinion & Analysis

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...

GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.4129. In economic news, UK’s manufacturing production declined more-than-expected by 1.1% MoM in...

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...

Yesterday’s Trading: The euro closed up against the US dollar on Friday. The European and American calendars were empty, so market participants were focusing on stock markets, bonds and oil...

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...

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...

Last week saw the USD/JPY collapse in price as the pair broke sharply through support at 110.66 following a broadly negative USD sentiment swing. The swing was largely due to the poor US Goods Orders...

Daily Forex Market Preview, 04/11/2016The markets were very mixed on Friday as oil prices surged, closing the day with over 5.0% gains. However, the equity markets failed to keep up with the gains as...