Forex Opinion & Analysis

Jan - worst opening month for global equities in 7 years Feb 3 - worst day for the dollar in 7 years Recent dollar move would usually be associated with a Fed policy move Is the market pricing in a...

Market Drivers February 05, 2016 USD/JPY unwinds NFP gains CNY reserves a bit higher Nikkei 1.10% Eurostoxx -2.36% Oil $30.50/bbl Gold $1172/oz Europe and Asia JPY: Eco Watcher Survey 46.6 vs. 48.5...

Decision time for EUR/GBP Original post

In the end of last week, the pair fell amid mixed data form the US. The Nonfarm Payrolls in January fell from 262 to 151 thousand new jobs which was significantly worse than the forecast of 190...

It’s been a quiet start to the week for EUR/USD, which is trading at the 1.1150 in Monday’s European session. With no major releases out of Europe or the US on the schedule, it could prove...

3 reasons why USD/JPY may turn out to be bullish:

This week the G10 FX Financial Scorecard recommends buying AUD, CAD and NZD while selling JPY, CHF and EUR.Last week's signals resulted in a 1.9% gain. In particular, the long JPY position performed...

GBP/JPY Daily OutlookDaily Pivots: (S1) 168.72; (P) 169.63; (R1) 170.28; Intraday bias in GBP/JPY remains neutral for the moment. The corrective rise from 163.96 could have finished. Break of 168.55...

The US dollar was flat in thin Asian trading at the start of the week, as the greenback held on to its post non-farm payroll gains from Friday. With many markets closed for the Lunar New Year, the...

USD/JPY is currently in the process of completing the 5 wave sequence down from 121.68 level, where we labeled end of black wave B, to potential lows which we expect on larger time frame. Currently...

The Australian dollar is slightly up today after falling around 2 percent last Friday on the back of strong US employment numbers.At 4.19pm (AEDT) the Aussie dollar was trading at US70.93c up from...

GBP/USDGBP/USD has inclines with the opening of the European session, trading above 1.4525 zone and that means traders are taking out moving averages. ADX shows positive crossover, while RSI...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.67% against the USD and closed at 0.7079. LME Copper prices declined 0.34% or $16.0/MT to $4669.0/MT. Aluminium prices declined...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.9% against the CAD and closed at 1.3878. The Canadian dollar lost ground, after Canada’s unemployment rate unexpectedly edged up...