Forex Opinion & Analysis

The first week of the second quarter of 2016 looks set to start on a calm note, with European industrial output data and the Reserve Bank of Australia’s April policy meeting likely to dominate...

Emerging-market stocks retreated from a four-month high after their best rally in March since 2009, and currencies fell following a record gain.The MSCI Emerging Markets index dropped 1.3 percent to...

USD/JPY has posted losses on Friday, as the pair trades slightly above the 112 line in the European session. On the release front, the Japan released the Tankan indices, key gauges of the services and...

Forex News and EventsS&P revises China’s credit outlook to negative Chinese manufacturing PMI surprised massively to the upside, suggesting that the effects of the several rounds of easing...

London Forex Report: In line with other regional readings, Chicago PMI continued to signal that US manufacturing is on the mend, and we will have a better picture when the nationwide prints from PMI...

USD/JPYNothing changed on USD/JPY pair, as prices continue to consolidate for the third consecutive day. Trading between 112.15 and 112.60 during those three trading days doesn’t present any...

Market Drivers April 01, 2016 Dollar weakness persists UK PMI misses EUR/GBP at 15 month highs Nikkei -3.55% Dax -1.50% Oil $38/bbl Gold $1234/oz. Europe and AsiaCNY: PMI Manufacturing 50.2 vs....

EUR/USDCurrent level - 1.1381 The uptrend is intact, heading towards 1.1494 target mark. Initial intraday support lies at 1.1360, followed by the crucial low at...

Thanks to the Central Banks and the decision to delay rate hikes by FED, both emerging market equities and currencies had a strong rally in March. Latest recovery in equities and currencies pulled...

GBP/CADToday’s support: - 1.8630, 1.8579, 1.8555 and 1.8540(main), where correction is possible. Break would give 1.8517, where correction also may be. Then follows 1.8551. Break of the latter...

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...