Forex Opinion & Analysis

EUR/USD is almost unchanged on Friday, as the pair is trading at 1.1380 early in the European session. The pair lost about 100 points on Thursday, erasing the gains made a day earlier. In...

Market Drivers for October 16, 2015 Comm dollars give up gains Goldman thinks El-Nino will cause RBA to cut Nikkei 0.97%, Europe 1.08% Oil $47/bbl Gold $1176/oz Europe and Asia NZD: CPI 0.3% vs. 0.2%...

Greenback Giving It BackIt is not rare nowadays that we see consecutive down days for the USD, and the greenback is set for its third week of declines despite a bit of a fightback in the past 24...

Forex News and EventsMore ECB easing The European story remains supported by the weak euro. EU PMI manufacturing stands at 52 (China 49.8 and US 53.1) and PMI composite 53.6. Yet decent growth is not...

Market BriefYesterday, better-than-expected US CPI figures put an end to the commodity currency rally. The core gauge indicated that when food and energy are excluded, consumer prices grew 0.2%m/m...

GBPUSDGBPUSD has been trapped below 1.5445 and the main resistance set from the peak of1.5817. Trading below this level intersects with contradiction between signs on technical indicators, as RSI...

EUR/USDCurrent level - 1.1374 The outlook remains bearish below 1.1420 minor resistance, for a break through 1.1330 static support, en route to 1.1210...

The dollar extended yesterdays’ rally at the start of today’s Asian trading, but fell back in late Asian session. Stronger-than-expected inflation and jobless claims data on Thursday...

AUDUSD MovementFor the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7333. LME Copper prices rose 1.25% or $66.0/MT to $5344.0/MT. Aluminium prices declined 0.10% or...

USDCAD MovementFor the 24 hours to 23:00 GMT, the USD declined 0.51% against the CAD to close at 1.2862, after US consumer prices dropped in September. In economic news, Canada’s existing home...

USDCHF MovementFor the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9511. In the Asian session, at GMT0300, the pair is trading at 0.9511, with the USD trading flat from...

USDJPY MovementFor the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 118.94. In the Asian session, at GMT0300, the pair is trading at 119.15, with the USD...

GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.5478. In the Asian session, at GMT0300, the pair is trading at 1.5472, with the GBP trading...

EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR declined 0.84% against the USD and closed at 1.1377, after Ewald Nowotny, a member of the ECB’s governing council, stated that the central...