Forex Opinion & Analysis

On Friday, the USD declined 0.82% against the CHF and closed at 0.9401. In the Asian session, at GMT0300, the pair is trading at 0.9401, with the USD trading flat compared to Friday’s close. The...

On Friday, the USD weakened 0.89% against the JPY and closed at 122.83. In the Asian session, at GMT0300, the pair is trading at 122.62, with the USD trading 0.17% lower from yesterday’s...

On Friday, the GBP marginally rose 0.89% against the USD and closed at 1.5513. In economic news, total trade deficit in the UK narrowed to £0.39 billion in May, following a revised deficit of...

On Friday, the EUR rose 0.66% against the USD and closed at 1.1144, as possibility of the “Grexit” was reduced, after the Greek government had submitted fresh set of proposals to its...

Interest rates were predictably held at 0.5% once again by the Bank of England last week. The economic data was mixed with some weak manufacturing production figures, but a lift in the GDP estimate...

Talking Points: The euro gapped -0.5 percent versus the US dollar, -1.0 percent versus the Japanese yen Prime Minister Alexis Tsipras given 3 days to push new austerity measures or risk...

The focus for the start of the new trading week in the foreign exchange market will be the outcome from this weekend’s Greek bailout deal.At the time of writing the result should bring...

Key Events This Week: Jul 13th – 17thUSD: Retail Sales – Tuesday, Yellen (Semi-Annual Testimony to House Financial Panel) – Wednesday, Yellen (Semi-Annual Testimony to Senate Banking...

Weekly Large Trader COT Report: CurrenciesUS dollar net speculator positions inched higher last week to +$25.76 billionThe latest data for the weekly Commitment of Traders (COT) report, released by...

#ThisIsACoup:It’s worth taking a look at the latest trending hashtag on Twitter). I’ll leave you to explore the #ThisIsACoup theme yourself, but it is a prime example of the idealistic...

EUR/USD We are currently sitting at 1.1199 and waiting for direction in a sideways move. The triangle break suggests an upside move to the double top at 1.1404. A break down and look to the strong...

As many traders await the US Federal Reserve to hike the funds rate for the first time, smart money noticeably already moved to the next candidate on the same interest rate hike speculation - The...

Open/pending positions of last weekNZD/USD This pair will be analyzed briefly, for more information read the article Weekly Review Strategy Week 24 where the pair was tipped for going short. A...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the...