Forex Opinion & Analysis

On Thursday data showed core machinery orders fell 3.6% month-on-month in July after a 7.9% decline in June. This raises concerns that lower investment will undermine a recovery from an economic...

Market Drivers September 11, 2015 EUR takes out 1.1300 as risk off flows dominate UK Construction falls Nikkei -0.19 % Europe -1.20% Oil $44/bbl Gold $1106/oz Europe and Asia: GBP UK Construction...

During the whole week, the British pound kept growing. The most important of today’s news comes from the Bank of England at 11:30 am (GMT +3), when the Consumer Inflation Expectations are due....

The turmoil in global currency markets is throwing up anomalies ahead of the Rugby World Cup that starts in Britain next week.Should South Africa’s Springboks win the sport’s showcase...

Talking Points:USD/JPY Technical Strategy: Flat Prices Drifting Toward Range Top Above 121.00 Figure Trade Looks Unattractive from Risk/Reward Perspective The US Dollar is drifting higher toward...

GBPUSDGBPUSD has moved upwards, influenced by touching SMA50, which acted as a support despite the negativity on RSI. However, ADX remains positive along with stability above 1.5414. Moving above...

Yesterday, the CNH to USD exchange rate dramatically increased 1.15% yesterday, hitting a 5-year high since 2010. Meanwhile, Britain still remains its interest rate and quantitative easing policy...

Global MarketsThe Shanghai Composite Index is continuing to struggle when it comes to finding direction, with the major market looking set to conclude the week in red territory. This has been a week...

USDCAD MovementFor the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.3227. In economic news, Canada’s new housing price index rose 0.1% MoM in July, lower than...

USDCHF MovementFor the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9736, with the USD trading 0.07%...

USDJPY MovementFor the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 120.72. In the Asian session, at GMT0300, the pair is trading at 120.8, with the USD trading...

GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.5440, after the BoE indicated that the central bank remains on track to raise its benchmark interest...

EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.1290, extending its previous session gains. In the US, data showed that number of initial jobless...

US equities closed higher overnight with DJIA gained 76.83 pts or 0.47% at 16330.40 while S&P 500 rose 10.52 pts, or 0.53% to close at 1952.29. DJIA seemed to have some difficulty in sustaining...