Forex Opinion & Analysis

Market Drivers November 11, 2016 EURGBP flows push GBP nearly to 1.2700 German CPI in line Nikkei 0.18% DAX -0.21% Oil $44/bbl Gold $1254/oz. Europe and AsiaEUR: GE CPI 0.8% vs. 0.8% North AmericaUSD:...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0950 2nd Resistance: 1.0995 1st Support: 1.0870 2nd Support: 1.0840 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of 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....

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...

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...

After a rather volatile week, traders are likely to take the much needed break as the weekend approaches. Following the initial risk off sentiment, the markets rallied including the US dollar which...

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 Aussie bulls are getting trampled by the sheer volume of US dollar buying that’s occurring across the G-10 complex, in what is shaping up to be a painful week for the AUD.Dealers in New York...

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...