Forex Opinion & Analysis

The biggest story Friday was the sharp rise in the GBP/USD. After hitting a fresh five-year low at 1.4079 on Thursday, the currency pair rallied towards 1.4365 despite Friday's weaker-than expected...

The dollar rose against the other major currencies on Friday, as expectations for fresh central bank easing bolstered risk appetite, dampening safe haven demand for the yen and the Swiss franc.The...

USD/JPYUSD/JPY has edged lower touching our previous technical target for the recovery at 38.2% Fibonacci as seen on the provided daily chart. Trading between SMA20-green- and SMA50 –red-...

The EUR/USD has completed its first swing within the channel and on the intraday chart we can see a range with bearish bias. POC comes within 1.0850-60 zone (H4, EMA89, EQ channel top, previous...

This week the G10 FX Financial Scorecard recommends buying EUR, SEK and CHF while selling AUD, NZD and GBP.Last week's signals resulted in a 0.8% loss. In particular, the short AUD, NZD and CAD...

Global stocks experienced an incredible rebound during the final two days of trading last week as expectations mounted around the central banks expanding stimulus measures to stabilize the turmoil in...

Good morning to all and happy week ahead. I expect Dollar to be weak this week specially if we see the dollar index break below 98.50.EUR/USD Remains inside a downward sloping channel. Above 1.0950 we...

Sell GBP/CHFGBP/CHF has been under heavy pressure since November last year as a combination of unwinding UK rate-hike expectations and deteriorating global risk sentiment have seen GBP sold against...

This week’s focus lies on Fed’s interest rate decision released on Jan 28th. It is all believed that Fed won’t make any changes on this meeting, as a new report by Rabobank analysts...

USD/CAD reached new highs around 1.4700 last week where bears stepped in and caused a strong bearish turn. Notice that move was sharp and it also extended much lower on Friday, which is important...

For the 24 hours to 23:00 GMT, the AUD declined marginally against the USD and closed at 0.7003. LME Copper prices rose 2.10% or $92.0/MT to $4468.0/MT. Aluminium prices rose 1.87% or $27.5/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CAD and closed at 1.4144. The CAD gained ground, after Canada’s retail sales rose more than expected, rising the most in about...

For the 24 hours to 23:00 GMT, the USD rose 0.78% against the CHF and closed at 1.0153. In the Asian session, at GMT0400, the pair is trading at 1.0141, with the USD trading 0.12% lower from...

For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 118.53.In the Asian session, at GMT0400, the pair is trading at 118.68, with the USD trading 0.12% higher from...