Forex Opinion & Analysis

The euro is flat on Friday, after posting more gains in the Thursday session. EUR/USD is trading at 1.1380 in the European session. On the release front, German and Eurozone Manufacturing PMIs came in...

EUR/USDRisk reward: 2.31Volatility: HighBuy at 1.1367 SL 1.1335 TP 1.1441USD/JPYRisk reward: 1.81Volatility: AverageSell at 112.42 SL 112.74 TP 111.84 GBP/USDRisk reward: 2.09Volatility: HighBuy at...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.7666. In economic news, Australia’s AIG performance of manufacturing index advanced to a...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2987. In economic news, Canadian GDP rose more-than-expected by 0.6% MoM in January, expanding for the...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.9614. Yesterday, the Swiss National Bank’s (SNB) Governing Board member, Andrea Maechler,...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 112.55. Yesterday, data indicated that Japan’s housing starts surprisingly rose by...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1379. In economic news, the Eurozone’s preliminary consumer price index declined in line with...

Business sentiment surveys dominated Asian trading on the first day of April as key manufacturing indicators out of Japan and China were released.In China, the official manufacturing PMI turned...

Federal Reserve Mixed Messages Have Dollar Down Against MajorsThe USD is on track to record the worst quarterly performance since 2010 as Fedspeak and Fedfacts have clashed. The March Federal Open...

The beginning of the week started with heightened event risk when last Tuesday the Federal Reserve Charwoman, Mrs. Janet Yellen spoke about the Economic Outlook of the US and global economy during a...

Today the number of US non-farm employment change numbers will be released, together with the unemployment rate. Before, at 9:30 UTC+1, the British manufacturing PMI will also be known. GBP/USD is on...

Bottom line: With the exception of the British pound, the Australian, Canadian, and New Zealand currencies have all had a nice run up. Looking at the daily charts alone, one could interpret this as a...

GBP/USD Open 1.4364 High 1.4427 Low 1.4324 Close 1.4359On Thursday pound/dollar increased with 100 pips. The cable appreciated from 1.4324 to 1.4427 yesterday, in line with the positive money flow...

Apr 1: A Technical Recession In Japan's Economy Is IncreasingIntraday Market Moving News and Views (USD/JPY) Apr 01, 2016 03:04GMTThe Markit/Nikkei Final Japan Manufacturing Purchasing Managers Index...