Forex Opinion & Analysis

Euro area HICP inflation surprised on the downside in February and is now back in deflation territory. Headline inflation fell to -0.2% y/y from 0.3% y/y in January, while core inflation was also very...

China stepped up its easing policy further today with a general cut in the reserve requirement ratio of 0.5 percentage points. This comes only four weeks after China announcing a reduction in the down...

This week the G10 FX Financial Scorecard recommends buying NOK, JPY and SEK while selling NZD, CHF and GBP.Last week's signals resulted in a 0.4% loss. In particular, the long GBP position was...

This week is going to be a busy week in the foreign exchange market as Super Tuesday and Friday's Nonfarm Payrolls report will set the tone for the U.S. dollar. Last Friday the greenback ended higher...

USD/JPY: Falling Stocks Revive Demand For JPYThe Commerce Department said consumer spending increased 0.5% in January, the largest gain in 10 months, as households ramped up purchases of a range of...

EUR/USDCurrent level - 1.0935 Friday's sell-off broke through 1.0980 crucial low and the pair reached a new low at 1.0910. The outlook remains bearish below 1.0980 resistance and crucial on the...

USD/CAD is trading quietly to start the week, as the pair trades at 1.3565 in the European session. On the release front, there are just two US releases – Chicago PMI and Pending Home Sales....

Market Drivers for February 29, 2016 China sells off and drives USD/JPY lower but then PBOC cuts RRR EZ GE Retail Sales surprise to the upside Nikkei -1.00% DAX -1.60% Oil $32/bbl Gold $1233/oz Europe...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of February 29th – March 4th, with...

Monday February 29: Five-things the markets are talking aboutGlobal stocks continue to struggle amid heightened concerns over China’s currency management. Major Asian indices have finished out...

The GBP/USD pair is trading in a major support area on a 4 hour time frame. The price is trading well below its downward trend line and this is a confirmation that the trend is biased towards the...

EUR/USDTrend : long-term neutral, short-term bearish EUR/USD continues to trade inside the big trading range of 1.05-1.17. We have been moving sideways inside this range for almost a year now, and...

The euro remains is steady on Monday, following sharp losses in the Friday session, EUR/USD is trading at the 1.09 line in Monday’s European session. On the release front, Eurozone CPI missed...

USD/JPYNew resistance has been formed suddenly at 114.00 areas and the pair has moved to the downside during the Asian session today, trading below SMA50 along with negativity on ADX. However, 112.50...