Forex Opinion & Analysis

Fed speakers continue to echo recent hawkish Fed rhetoric. Fed Vice Chairman Stanley Fischer said that the central bank is trying to “avoid surprising the markets and government” when they...

15th January 2015 is a date etched into the memory of Swiss franc traders, and is the day the SNB removed the floor of support for the currency, unleashing a wave of volatility on the markets not seen...

The US dollar is broadly sold-off against the majority of the G10 currencies, except the Antipodeans. The US yield curve flattens as the ‘dovish hike’ in December is being priced in with a...

EUR/USD posted losses on Friday, as the pair trades at 1.0680 in the European session. In economic news, German PPI disappointed with a reading of -0.4%. We’ll also get a look at Eurozone...

The GBP/USD pair is trading in a downward wedge pattern on a 4 hour time frame. The price may continue this trend which is towards the downside as long as we are trading within this wedge pattern. The...

USD/JPY closed over daily basis below 76.4% Fibonacci, while traders are currently taking it back toward 123.15 zones today again despite negative signs on RSI and ADX. These signs contradict with the...

HourlyYesterday’s Trading: On Thursday, the euro/dollar rose to 1.0762. The euro/dollar was down to 1.0668 after the publication of ECB minutes, but then it quickly restored itself. The...

Yesterday’s disappointing report on the UK Retail Sales during the month of October indicated that the weakness in the British economy still persists when the index dropped below the...

Hiking into a period of calmThe dollar sell off that was expected following Wednesday’s Federal Reserve minutes continued yesterday and through the Asian session overnight. This is not a sudden...

As Eurozone,Japan and China have adopted quantitative easing policy in succession, the global is entering a policy-easing period. Under this condition, a large number of capital is flu into flowed...

Commodity prices bounced off from recent multi-year lows as copper and gold extended Thursday’s gains in today’s Asian trading. Gold prices were slightly firmer at $1082 while copper...

AUD/USD bounced higher recently so seems like that bears are not ready to take control just yet. On the updated chart we see wave 4) still in progress and the reason is a corrective structure from...

For the 24 hours to 23:00 GMT, the AUD strengthened 1.14% against the USD to close at 0.7192. Yesterday, the RBA’s Head of economic analysis, Alex Heath, stated that the decline in the value of...

For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.3293. In economic news, Canada’s wholesale sales unexpectedly declined 0.1% MoM in September, against market...