Forex Opinion & Analysis

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.3189. The CAD lost ground, after the RBC’s Canadian Manufacturing PMI fell to 50.8 in July from...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.90% against the CHF and closed at 0.9779. In the Asian session, at GMT0300, the pair is trading at 0.9786, with the USD trading 0.08%...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 124.33. Yesterday, Etsuro Honda, a special economic adviser to Japan’s Prime Minister...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5568 after UK’s construction PMI unexpectedly fell to a level of 57.10 in July, following a...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.0891 as the greenback benefited from a Fed official’s hawkish comments. Atlanta Fed...

Economy – Additions & UpdatesAdditions – durable goods, Skousen B2B index Updates – initial jobless claims, wage growth, housing, sentiment, GDP Asset Allocation –...

Another fortnight, another drop in dairy prices. The reality for the Kiwi dollar is beginning to look bleak as billions are wiped off the export receipts column of the current account ledger. Can a...

A slightly more encouraging overnight China PMI and some stabilization in the commodity markets should provide inspiration for Indices to trade higher on Wednesday. There will be some relief and eased...

Talking Points: USD/CAD Technical Strategy: Long at 1.2649 Support: 1.3090, 1.3002, 1.2860 Resistance: 1.3232, 1.3347, 1.3463 The US dollar continues to press upward against its Canadian...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7323, 0.7234, 0.7145 Resistance:0.7379, 0.7420, 0.7468 The Australian dollar launched upward against its US namesake as expected...

Talking Points:Employers in New Zealand increase employment 0.3% last quarter but the jobless rate rose. New Zealand dollar declined 0.2% after 2Q employment data was released. Market participants are...

As headlines flickered across a Bloomberg news feed this morning, I was struck by the plethora of slanted views. If it was anymore slanted it’d be vertical. A mishmash of sound bytes sans fact....

It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went completely awry. Gov Stevens’s signal to the markets that the...

AUD/USD – Wednesday 5 August 2015The Australian dollar has enjoyed a surge higher in the last 24 hours moving from its consolidation zone just below 0.73 up to a two week high above the previous...