Forex Opinion & Analysis

Equities were given another boost by the more dovish than expected FOMC announcement last week while dollar tumbled broadly. DJIA closed the week up 389 pts, or 2.3% at 17602.30. S&P 500 also...

London Forex Report: The dovish Fed signalling fewer rate increases this year has continued to reverberate through asset classes, while a rise in the US oil rig count somewhat set back recent rise in...

Market Drivers Mar. 21, 2016 Cable lower on Ian Duncan Smith resignation Comm dollars swing up and down Nikkei closed Dax -0.09 Oil $40/bbl Gold $1243/oz. Europe and AsiaEUR: Current Account 25.4 vs....

Date: 21.03.2016EUR/USD Current level - 1.1262 The intraday bias is negative, for a possible test of 1.1217-1200 support area, but the overall outlook on the senior frames remains bullish, for a...

The Japanese yen moved higher in quiet trading in Monday’s Asian session as Japanese markets were closed for a national holiday. Lower oil prices gave rise to increased risk aversion on the...

Global stocks have posted their longest streak of gains in over two years following the sharp appreciation in oil prices which boosted confidence towards the global economy consequently heightening...

The US dollar closed last week on a bearish note and further downside is likely to follow, but not before prices pullback from the recently established directions. Gold is likely to stay soft as a...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.60% against the USD to close at 0.7600. LME Copper prices rose 1.47% or $74.0/MT to $5103.0/MT. Aluminium prices declined 0.37% or...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9694. In the Asian session, at GMT0400, the pair is trading at 0.9695, with the USD trading...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 111.56. In the Asian session, at GMT0400, the pair is trading at 111.38, with the USD...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.4474. The Bank of England (BoE), in its quarterly bulletin, indicated that a slowdown in China...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1276, after German producer price index declined more-than-expected by 0.5% MoM in February,...

Over the past week, Fed’s dovish comments resulted in U.S. dollar weakness. However U.S. dollar index started weakening in the beginning of December 2015 irrespective of FED action. Wide price...

UK Retail Sales is likely to add some momentum to the sterling if we were to get a surprise release today. At any rate, because of the referendum, I would only take a trade if we get our tradable...