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Forex Opinion & Analysis

Ipek Ozkardeskaya
Markets Choppy As Dollar Consolidates By Ipek Ozkardeskaya - May 23, 2016

The dollar may be a touch weaker this morning, but given how expectations have risen for a June rate hike – albeit at a 28% probability according to sovereign debt markets – we may simply ...

Daniel Sesay
Sterling Nervous Around Brexit By Daniel Sesay - May 23, 2016

If you ask me we are all a little too scared of this Brexit issue. The currency has major issues regardless of what the referendum vote is. The general expectation is that the referendum turns up a ...

GBP/CAD: Bull Speculation: Expected 1.92 Break By Alpari - May 23, 2016

Trading opportunities for currency pair: the GBP/CAD has an inverted cup with handle pattern forming on it. After a fall in the rate to 1.8855, a strengthening of the pound to 1.9640 is expected. ...

USD/JPY Decreases After G7 Meeting By FxGrow - May 23, 2016

USD/JPY decreases after G7 meeting The yen surged higher as Asian stocks declined. The USD/JPY slumped to touch 109.40 after the G7 meeting concluded with the US warning Japan against interventions to...

EUR/USD: Pair Shifting To Trend Line By Alpari - May 23, 2016

Yesterday’s Trading: On Friday the euro/dollar renewed to 1.1237. The pair ditched the session maximum after US secondary market housing sales for April showed a 1.7% rise to 5.45 million homes....

Watch Out For A Dollar Pullback By ORBEX - May 23, 2016

The US dollar has posted steady gains for three weeks now. Ahead of an important week that will see US durable goods orders, revised Q1 GDP estimates and Fed voting member speeches including Fed Chair...

EUR/USD Under Pressure Ahead Of EU PMI Data By FxGrow - May 23, 2016

The EUR/USD remains flat at 1.1220 ahead of PMI data today. The euro was dipping lower on stronger dollar after rising concerns over Fed rate hike in June especially as policy makers claimed that June...

Gold suffers third weekly loss By ForexTime - May 23, 2016

Gold concluded trading for last week under heavy selling pressure with the metal not only recording its third consecutive weekly losses, but also declining towards levels not seen since late April ...