Forex Opinion & Analysis

EUR/USDThe euro dropped in early Monday as Greece's anti-austerity Syriza party won the country's snap national elections Sunday, according to the first official projections from Greece's Interior...

Because this is the first quarterly release for the fourth quarter of 2014, we are likely to see plenty of market reaction especially considering the jobs market, retail sales, and the housing sector...

CA GDP is expected to come in negatively at -0.1%, considering BOC’s recent action in cutting interest rates and the fact crude oil prices keep on dropping, today’s GDP is more likely to...

RBNZ Interest Rates decision today is expected to remain at 3.50% yet again. With New Zealand’s inflationary pressure still remaining resilient, today’s meeting should not surprise the...

US FOMC Interest Rate decision today is the main focus of the week, especially considering that the Fed’s next move could accelerate USD’s strength as the market is already flooding to the...

The AU CPI report today could affect the short-term trend for the AUD. With overall global inflation disappointing, if we get a strong reading today, AUD should find plenty of support; however,...

UK Prelim GDP is the probably the most important of the GDP releases out of the three since it’s the first look at Q4 of 2014. Since the last MPC minutes showed unanimity in keeping the current...

On Friday, the AUD weakened 1.24% against the USD to close at 0.7924, extending its previous session losses.LME Copper prices declined 0.88% or $49.5/MT to $5581.0/MT. Aluminium prices declined 0.03%...

On Friday, the USD rose 0.78% against the CHF and closed at 0.8775.In the Asian session, at GMT0400, the pair is trading at 0.8789, with the USD trading 0.15% higher from Friday’s close.The pair...

On Friday, the USD weakened 0.73% against the JPY and closed at 117.75.In the Asian session, at GMT0400, the pair is trading at 117.61, with the USD trading 0.12% lower from Friday’s close.Early...

On Friday, GBP traded marginally lower against the USD and closed at 1.5013, as investors shrugged off Britain’s unexpected gain in its monthly retail sales in December.Retail sales in the UK...

On Friday, the EUR declined 1.07% against the USD and closed at 1.1245.In economic news, the Euro-zone’s preliminary manufacturing PMI climbed to 51.0 in January, compared to a level of 50.60 in...

Key Events This Week: January 25th – 30th: Tuesday: GBP Gross Domestic Product USD Consumer Confidence Wednesday: AUD Consumer Price Index USD FOMC Rate Decision Thursday: EUR German...

I have not written about the British pound (NYSE:FXB) in a long time. I hope to get back in the groove soon because I think in the coming weeks and months, the British pound may be the only good...