Forex Opinion & Analysis

The dwindling expectations that the Fed will be hiking US rates in 2015, coupled with a renewed risk-off environment following the soft China data on Wednesday, has resulted in gold surging to a three...

USD/CHF is moving lower with quite sharp price action in the last 24 hours so move can be headed down to around 0.9527 swing. If that's the case then pair is still in wave E pullback that represents...

Weak retail sales data continued to weigh on the dollar on Thursday as investors remain doubtful whether the Fed would raise interest rates by the end of the year. However, Richmond Fed President...

During the session on Wednesday, the Fed said in its Beige Book report said that the US economic activity continued to expand modestly from mid-August through early October. Richmond Fed’s...

Good morning. Hope all is well! We only had a 28% accuracy on our predictions for yesterday. This was due to the US dollar weakening instead of strengthening. US dollar ended up going to the end of...

CAD/CHF At the time of entry, background was neutral. In this case, you should check above timeframe. If it is weak – ok for a short entry. In case the background is strong – you should...

GBP/JPY Daily OutlookDaily Pivots: (S1) 182.70; (P) 183.51; (R1) 184.71; Intraday bias in GBP/JPY is neutral for the moment. Price actions from 180.36 is viewed as a consolidation pattern. Break of...

For the 24 hours to 23:00 GMT, the AUD strengthened 1.21% against the USD to close at 0.7302. LME Copper prices rose 0.33% or $17.5/MT to $5278.0/MT. Aluminium prices rose 0.58% or $9.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CHF and closed at 0.9496. The Swiss Franc strengthened, after the nation’s ZEW expectations index rose to a level of 18.3 in...

For the 24 hours to 23:00 GMT, the USD weakened 0.76% against the JPY and closed at 118.85, after the release of US tepid retail sales data in September In the Asian session, at GMT0300, the pair is...

For the 24 hours to 23:00 GMT, the GBP rose 1.41% against the USD and closed at 1.5470, after UK’s ILO unemployment rate dropped to a 7-year low during the June to August 2015 period. Data...

For the 24 hours to 23:00 GMT, the EUR rose 0.77% against the USD and closed at 1.1474. Macroeconomic data released showed that industrial production in the Euro-zone rose less-than-expected by 0.9%...

US retail sales missed expectations for September, further raising doubts that the Fed will have the fundamentals behind them to raise interest rates this calendar year. If you’re clinging onto...

The Yen Ended the Day with a Break of its Purple Triangle Top – Would Usually Go Still Higher Yen futures ended the day with a break of the top of the purple triangle that’s been forming...