Forex Opinion & Analysis

After gold price went beyond the consolidation range of $1185-$1215, it has hit its 10-week record highHow long does one have to wait for a good life? If they just wait, it will be long! Gold has...

Market Drivers October 15, 2018 Risk-off flows push USD/JPY towards 111.50 Brexit talks stall Nikkei -1.87% DAX -0.05% Oil $71/bbl Gold $1231/oz. Bitcoin $6700 Europe and Asia No Data North America...

EUR/USD further trend depends on S&P 500 and the situation in ItalyIf something extraordinary puzzles you for the first time, then, when it occurs for the second or the third time, you will have a...

The US dollar recovered from its recent low, as markets gained again some confidence, following the recent sell-off, with the US Dollar Index (USDX), which measures the performance of the dollar...

On Friday, we finally saw the dollar lows. Long live the dollar. Well, obviously we shall see pullbacks on the way down and in any case, we are really only in the early stages of the gains. Both...

China’s 3Q GDP to be released this Friday may show further slowdown, sell AUD/USD?China’s PMI shows downward pressures from external sector will continue to worsen China’s exports...

Last week was a turbulent one for the global financial markets. The 5% selloff on the S&P 500 over Wednesday and Thursday led many investors to question whether the move was just a correction or...

Daily Forex Market Preview, 15/10/2018The U.S. Dollar index managed to post recovery as price action turned slightly bullish on Friday. However, the price was contained within Thursday's range.The...

Rethinking itRisk sentiment stabilized primarily on the back of reports that the Treasury Department will NOT recommend China be labelled a currency manipulator along with headlines that Trump and Xi...

EUR/USD bull recovery remains intact as more strengthen is envisaged. However, with price hesitation seen on Friday that strength may subside a bit. On the upside, resistance comes in at 1.1600 level...

After slightly exceeding 1.3000 on October 8th, USD/CAD retreated to 1.2926 two days later. Given that the pair has been declining since the 1.3386 top registered in late-June, assuming the bears are...

There is a reason why it is called “trading” and not “bottom/top picking”. The latter is literally impossible even with the best trading tools and techniques. Even the Elliott...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P 500 fell over 5%. The last time...

Risk assets saw a respite from the relentless selling pressure in trade as US stock market futures turned higher, but that rally may prove to be short-lived.After opening higher Friday by nearly 400...