Forex Opinion & Analysis

Investors’ concerns about Greece have taken a backseat and the risks of renewed disinflation or slowdown in the Eurozone, while growing of late, do not seem to represent an immediate risk.EUR...

The Canadian dollar was the worst performing major currency over the past month. It has lost nearly 4.5% against the US dollar. That brings its year-to-date loss to almost 12%.There were two main...

Talking Points EUR/USD fails again at 50-day moving average NZD/USD nearing key support Timing relationship at last week’s reversal in USD/MXN Foreign Exchange Price & Time at a GlancePrice...

Combining the net speculative futures positions of all 5 major currencies against the USD, we find CHF positioning to remain the only net long against USD, ever since the SNB decision to end its...

DAILY FX WRAP: Commodity currencies are the sessions laggard with USD/CAD reaching 10-year highs while AUD/USD falls below 0.7300 ahead of tomorrow’s RBA rate decision.Key pairs have seen tight...

Manufacturing IndexesOn Monday (10:30 CET and 16:30 CET) two macroeconomic indicators are going to be released: Manufacturing Indexes in Great Britain and US correspondingly. These diffusion indexes...

CFTC COT Data USD aggregated net long positions decrease 0.5% to 30.7Bln EUR net spec shorts decreases 6.9% to 14.4Bln JPY short positioning increases 2.2% to 6.4Bln AUD net shorts increases 23% to...

EUR/USDCurrent level - 1.0970 Last week's impulsive rise failed to break through 1.1128 peak and the intraday outlook is negative, for another slide towards 1.0870....

The AUD/USD pair is trading in a side way pattern on a 60 minute time frame. The price is trading within the Bollinger band and close enough to its 20 day moving average which shows that the...

Market Drivers for Aug 3, 2015 UK PMI bit better at 51.9 EZ PMI Slightly better 52.4 Nikkei -.18% Europe 0.59% Oil $46/bbl Gold $1093/oz. Europe and AsiaCNY: Caixin Final PMI 47.8 vs. 48.3EZ Final PMI...

EUR/USDThe euro moved higher against the dollar on Friday after data showing that U.S. wage growth slowed in the second quarter dampened expectations for a hike in interest rates in the coming months....

USD/JPYThe USD/JPY couldn’t beat 124.50 levels, which represents a cluster resistance, while SMA20 continued to act as a good support. Between these levels, we will be neutral, while a break of...

GBP/JPY Daily OutlookDaily Pivots: (S1) 193.17; (P) 193.58; (R1) 194.01; No change in GBP/JPY's outlook. We're viewing price actions from 195.86 as a sideway consolidation pattern. Thus, while...