Forex Opinion & Analysis

England’s imminent exit from the World Cup will take place tomorrow and with it, we hope to see an end to economic football analogies. Although I will allow myself one more today courtesy of the...

The U.S. Dollar weakened towards the end of Friday even though it managed to erase some of its losses a few days after foreign currency exchange traders were left wondering when the Federal Reserve...

A good start to the week as we have had a really good forecast for Friday with all the 7 pairs conforming to our forecast. Good to see that all the pairs behaved as we had predicted, especially the...

The New Zealand dollar has slowed growth and consolidated over the circular level of 0.8700. Price formed a small "bearish" candle with elongated lower shadow. The blue line on the graph denotes a...

Weakness of the single currency strengthens, that provokes testing EUR/USD 1.3600 key support. The EUR/USD is focused on consumer confidence. In the Eurozone, the key releases are scheduled for today:...

AUD/USD re-energizing bullish pressures An outside pattern has already been seen on Monday (likely bullish?) after a robust rally and bullish outside pattern last Wednesday, defending our flagged...

EUR/USDThe ECB is carrying out a two-pronged examination of the euro area’s most significant banks before it becomes the region’s single supervisor in November. The Frankfurt-based central...

USD/CHF recently broke the Rising Wedge chart pattern that was previously identified by Autochartist on the daily charts – as you can see from the following trade alert for this currency pair....

On Friday, the USD declined 0.60% against the CAD to close at 1.0755. The Canadian Dollar advanced after data showed that consumer inflation rate in Canada rose more-than-expected to 2.3% (YoY) in...

On Friday, the USD rose 0.22% against the CHF and closed at 0.8960.In the Asian session, at GMT0300, the pair is trading at 0.8950, with the USD trading 0.11% lower from Friday’s close.The pair...

On Friday, the USD strengthened 0.20% against the JPY and closed at 102.14.During his speech to an annual meeting of trust association, the BoJ Governor Haruhiko Kuroda, indicated that the central...

On Friday, the GBP fell 0.19% against the USD and closed at 1.7006. At a newspaper interview, BoE’s Chief Economist, Andy Haldane hinted that the central bank is under no pressure to raise its...

On Friday, the EUR declined 0.15% against the USD and closed at 1.3589, as ECB policymaker, Yves Mersch, opined that the Euro-zone economy had not yet exited its financial and economic crisis while...

Talking Points:Aussie and Kiwi Rise as Chinese Manufacturing PMI Data Tops Forecasts Euro May Look Past PMI Data Set, Focus on Commentary from ECB Officials US Dollar Looking to Home Sales,...