Forex Opinion & Analysis

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...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.5% against the USD and closed at 1.4295. In economic news, UK’s retail sales fell more than expected by 0.9% MoM in December, after...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.58% against the USD and closed at 1.0808, on the back of downbeat economic data across the Euro-zone. Data showed that...

The markets moved into a risk on mode on Friday following Draghi's ECB comments from the day before. The economic calendar today is relatively light. The Australian markets are closed while German Ifo...

The AU CPI figure today poses a strong risk for the AUD market as a negative surprise could drive AUD further into depreciation. Of course if the opposite is true, market will probably remain doubtful...

RBNZ Interest Rates decision today is expected keep rates unchanged at the current 2.50%; considering the overwhelming pressure on commodities from recent slump in crude prices, RBNZ is likely to...

UK Prelim GDP is the most important of three GDP releases since it’s the most likely to surprise. With the market and BOE pretty much taken rate hikes off the table for 2016, a strong release...

Because this is the first quarterly release for the forth quarter of 2015, we are likely to see plenty of market reaction especially considering Wednesday’s FOMC rate decision. If we get a...

The Federal Reserve doesn`t raise interest rates in a Global Financial Markets Vacuum. It will be interesting if they walk back some of their projected hawkish rate hikes scheduled for 2016. Watch why...

Key Fundamental Forex Events for the Week of January 18th through January 22nd The following table lists the key economic data and other events that came out during the week of January 18th through...

Key Events This Week: January 25th – 29thTue: USD – Consumer Confidence Wed: AUD – CPI, NZD – RBNZ Rate Decision, USD – FOMC Rate Decision Thu: GBP – GDP 4Q, EUR...

The New Zealand dollar had a relatively mixed week as the pair saw a negative sentiment from the sharp decline in NZD CPI to -0.5% as well as some buoyancy from the poor US Jobless Claims figures....

The two Continental Europeans were the stronger performers on Friday as suggested. This looks set to continue but probably with less momentum compared to Friday. I remain with the view that this...