Forex Opinion & Analysis

EUR/USDCurrent level - 1.0818 The overall outlook remains neutral above 1.0770 static support, with an intraday resistance at 1.0862. Crucial on the upside is...

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 January 25th – January 29th,...

Market Drivers January 25, 2016 Oil flips and risk currencies sink EZ Ifo misses forecasts Nikkei 0.90% Eurostoxx -0.33% Oil $31/bbl Gold $1103/oz Europe and AsiaAUD: NAB Business Confidence 3 vs....

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-...

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...

London Forex Report: Risk sentiment continued to recover Friday with WTI having its biggest two-day gain in seven years, trading back above $32. European equity bourses bounced 2%, except for the FTSE...

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...