Forex Opinion & Analysis

On Friday, the USD declined 0.11% against the CAD to close at 1.2092, after the US non-farm payrolls increased less than expected in April.In economic news, Canada’s unemployment rate remained...

On Friday, the USD rose 0.95% against the CHF and closed at 0.9312. The Swiss Franc lost ground, after Switzerland’s CPI surprisingly slid 0.2% on a monthly basis in April, compared to a 0.1%...

On Friday, the USD traded a tad higher against the JPY and closed at 119.74, after the US unemployment rate edged down in April.In the Asian session, at GMT0300, the pair is trading at 119.88, with...

On Friday, GBP rose 0.49% against the USD and closed at 1.5449, after UK Prime Minister, David Cameron regained power as Conservative party registered victory in Britain’s general elections.In...

On Friday, the EUR declined 0.30% against the USD and closed at 1.1205.In economic news, the seasonally adjusted industrial production in Germany unexpectedly fell 0.5% MoM in March, compared to an...

When a country pegs its currency to a bigger one like the US dollar, it in effect outsources its monetary policy to the operator of that other currency. This confers several benefits, including the...

NZ Retail Sales release is a quarterly release and since it is released quarterly, it has the potential of surprising the market, making it a very tradable report… With that being said,...

US Core Retail Sales is usually a strong market mover, and today we should see plenty of market price action especially considering last week’s Nonfarm Payroll Report, which went back above...

Fundamental Forecast for Euro: Neutral - The euro run against the US dollar has benefited from the bearish technical nature of the US dollar Index. - Exogenous influences, particularly the unwinding...

The following table lists the key economic data and other events that came out during the week of May 4th through May 8th, with release times displayed for the GMT time zone. The list also indicates...

EUR/USD Open 1.1194 High 1.1276 Low 1.1132 Close 1.1197 On Friday EUR/USD decreased with 95 pips. The European currency depreciated from 1.1276 to 1.1182 yesterday, matching the negative money flow...

Gold for Monday, May 11, 2015To start last week gold enjoyed support at $1180 which allowed it to rally back to $1190 and beyond to resistance at $1200, however it has remained within this range and...

AUD/USD for Monday, May 11, 2015The last couple of weeks has seen the Australian dollar on a roller-coaster ride moving from below 0.78 and up to near 0.81. Earlier last week the Australian dollar...

Chris looks at the upcoming May 11th trading session in the EUR/USD pair, as a pullback seems to be imminent. However, there is a bit of a new “battlefield” being formed, so caution is...