Forex Opinion & Analysis

The extraordinary levels of volatility observed across the financial markets this week following Donald Trump’s historical presidential victory may be an event which remains cemented in the...

USD/JPY has reversed directions on Friday and moved to lower ground. Currently, the pair is trading slightly above the 106 line. On the release front, Japanese PPI declined 2.7%, within expectations....

Key Points: Elliot wave should encourage a near-term tumble and subsequent recovery. Parabolic SAR indicating that bullish momentum is running short. Stochastics could be the trigger needed to spark a...

EUR/USD is showing limited movement on Friday, as the pair is trading slightly below the 1.09 line. In the US, banks and bond markets are closed for Veterans Day, but the stock markets are open, so we...

The dollar was hovering at two-week highs against the other majors currencies on Thursday, after the release of upbeat U.S. jobless claims data and as markets continued to come to terms with Donald...

The EUR/USD extended losses to 1.0865 in New York. The trend and momentum indicators remain comfortably bearish for a stern test of the 1.0855/1.0850 support, before the 1.0800 handle. The intra-day...

The emerging-market currency sell-off has accelerated throughout trading in Asia on Friday, including the Indonesian Rupiah sinking to levels that prompted the Bank Indonesia (BI) to intervene and...

The USD continues its post election rallyThe final two weeks of the U.S. presidential elections were filled with high stakes drama as another FBI investigation on the Democratic candidate’s...

Key Points: USD/JPY rallies due to an uptick in US Bond Yields. Pair reaching a key reversal point. Watch for a break of 106.20 to confirm a bearish bias. The global capital markets have been awash...

For the 24 hours to 23:00 GMT, the AUD declined 0.47% against the USD and closed at 0.7608. LME Copper prices rose 5.3% or $284.0/MT to $5619.0/MT. Aluminium prices rose 2.0% or $35.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3468. On the data front, Canada’s new housing price index rose by 0.2% MoM in September, meeting market...

For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9863. In the Asian session, at GMT0400, the pair is trading at 0.9860, with the USD trading marginally lower from...

For the 24 hours to 23:00 GMT, the USD rose 1.04% against the JPY and closed at 106.74. In the Asian session, at GMT0400, the pair is trading at 106.47, with the USD trading 0.25% lower against the...