Forex Opinion & Analysis

The CHF has been appreciating of late, regardless of the SNB being in a position to consider additional policy action in order to ease monetary conditions. The CHF has been mainly driven by risk...

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5551, 1.5444, 1.5308 Resistance: 1.5664, 1.5801, 1.6021 The British pound advanced to the highest level in four months against the US...

Talking Points:USD/CHF Technical Strategy: Flat Support:0.9320, 0.9225, 0.9071 Resistance: 0.9474, 0.9599, 0.9723 The US dollar may have formed a bottom against the Swiss franc having produced a...

EUR/USDRisk reward: 2.81Volatility: HighUp at 1.1152 Limit 1.1120 Target 1.1242USD/JPYRisk reward: 1.50Volatility: AverageDown at 120.28 Limit 120.60 Target 119.80GBP/USDRisk reward: 2.09Volatility:...

The relatively positive outcome of the Eurogroup meeting of Finance Ministers provided some support but failed to lift the single currency much, as it continued to trade below the 1.12 mark against...

Last Friday’s non farm payroll almost came and went with a whimper, and whilst the headline number was in line with expectation, and certainly an improvement on the previous, the jobs data...

GBP/USD – Clears 1.55 ‘Big Figure’, Likely More Gains (4hr chart) Continuing its bull run post UK election, the cable broke the 55 handle following the 4hr with trend pin bar we...

EUR/USDThe euro fell against the dollar on Monday extending its recent slump, as fears of a Greek exit from the European Union continued to weigh on the currency pair. The euro lost 0.0047 or 0.42% to...

For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2102.In the Asian session, at GMT0300, the pair is trading at 1.2093, with the USD trading 0.07% lower from...

For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9345.In the Asian session, at GMT0300, the pair is trading at 0.9335, with the USD trading 0.1% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 120.13.In the Asian session, at GMT0300, the pair is trading at 120.18, with the USD trading a tad higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.88% against the USD and closed at 1.5576, extending its previous session gains.Yesterday, the BoE’s Monetary Policy Committee (MPC) kept its...

For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1150.Yesterday, Greece confirmed that it will repay its €750 million loan instalment to the IMF, following a...

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7153, 0.7052, 0.6950 Resistance: 0.7223, 0.7280, 0.7356 The euro sank for a third consecutive day as the British pound continues to...