Forex Opinion & Analysis

iFOREX Daily Analysis – 05/02/2016
By iFOREX - Feb 05, 2016

The dollar extended losses against a basket of the other major currencies Thursday, as it remained under pressure amid uncertainty over how much the Federal Reserve will be able to raise interest ...

Dollar Muted Ahead Of NFP; Gold At 3-Month High
By XM - Feb 05, 2016

The US dollar stuck near yesterday’s lows in Asian trading on Friday as investors maintain caution ahead of the January non-farm payroll numbers later today. The greenback has now given up all ...

GCI Financial
Aussie Trading Lower In The Asian Session
By GCI Financial - Feb 05, 2016

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7198. In economic news, Australia’s AiG performance of construction index declined for the ...

GCI Financial
The BOE Kept Interest Rate Steady At 0.5%
By GCI Financial - Feb 05, 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4579. Yesterday, the BoE policymakers unanimously voted to keep key interest rate steady at ...

Marc Chandler
Pessimistic BOE Shakes But Doesn’t Break
By Marc Chandler - Feb 05, 2016

Sterling has neared the 50% retracement of the 11.5 cent decline since mid-December. It is found near $1.4660. After easing ahead of the BOE announcement, sterling was sold to $1.4530 on the initial ...

Ian Copsey
Forex Momentum Slows As NFP Eyed
By Ian Copsey - Feb 04, 2016

I was quite happy about yesterday’s moves. USD/CHF remains the key in terms of limits and we haven’t yet reached that point. This still warns of potential whippy development, particularly ...

FXTechstrategy Team
EUR/USD Looks For More Bullishness
By FXTechstrategy Team - Feb 04, 2016

EUR/USD: Having continued to strengthen, EUR/USD looks for more bullishness in the short term. On the downside, support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a...

Kathy Lien
Can U.S. Payrolls Save The Dollar?
By Kathy Lien - Feb 04, 2016 1

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Will Friday's Nonfarm Payrolls report save the dollar? Probably not. Over the past 24 hours investors have been selling U.S. ...

GBP/CAD - Huge Volatility After BoE Decision
By FxGrow - Feb 04, 2016

GBP/CAD - huge volatility after BoE decision Today huge volatility occurred at currency pairs with GBP. It was caused by BoE decision on interest rates. That decision was consistent with forecasts ...

Talking Forex
USD Sell Off Continues
By Talking Forex - Feb 04, 2016

Thursday’s session was a continuation of the USD sell off which has gathered significant momentum as expectations of a Fed rate this year fade. The market probability is less than 50% for one ...

Matthew Weller
The Buck’s Beating In Perspective
By Matthew Weller - Feb 04, 2016

Ahead of tomorrow’s highly anticipated NFP meeting, sentiment toward the US dollar could hardly be more pessimistic. The world’s reserve currency just saw its biggest 2-day drop in nearly ...