Forex Opinion & Analysis

The market shrugged off a thwarted coup attempt in Turkey last Friday. While prices slumped significantly towards the end of the previous trading week, most of the currency pairs recovered from their...

The dollar rallied against the Turkish lira late Friday, while the safe haven yen turned higher, following an attempted coup by a faction inside the Turkish military. Segments of the military took...

Market Drivers July 18, 2016 Risk on mildly on CNY at lowest rate since 2010 Nikkei holiday DAX -0.11% Oil $46/bbl Gold $1329/oz. Europe and AsiaNZD: CPI 0.4% vs. 0.5% North AmericaUSD: NAHB Housing...

GBP/USD holding below quite strong resistance at 1.3230/40 keeps the outlook negative and targets 1.3160/50. Below 1.3130 targets the best support for today at 1.3090/80. However longs looks...

GBP/JPY Daily OutlookDaily Pivots: (S1) 136.20; (P) 139.70; (R1) 141.63; Intraday bias in GBP/JPY remains neutral for the moment. Rebound from 128.86 is seen as a corrective move. On the downside,...

The Japanese yen fell back at the start trading on Monday having risen sharply late on Friday after an attempted coup in Turkey drove demand towards safe havens. The news that a group within...

The euro, British pound and the yen are seen trading range bound in the near term, awaiting the next major fundamental catalysts, but could see a temporary retracement to the current direction.Gold...

Previous:On Friday the euro/dollar closed down. My euro expectations came off only for the first half of the day. The pair corrected to 1.1115, following which there was a bit of a bullish impulse...

The Forex Week Ahead: July 18th – 23rdSun: NZD – CPI Tue: AUD – RBA Meeting Minutes (Jul), NZD – Dairy Auctions,GBP – CPI, EUR – German and EZ ZEW Surveys Wed: GBP...

Market BriefThe latest batch of US data surprised mostly to the upside on Friday and provided a strong boost to US rates across the curve. Retail sales printed at a solid 0.6%m/m in June, beating...

For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7596. LME Copper prices rose 0.69% or $34.0/MT to $4945.5/MT. Aluminium prices rose 0.6% or $10.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.2932. In economic news, Canada’s existing home sales declined by 0.9% on a monthly basis in June, falling for...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9827. In the Asian session, at GMT0300, the pair is trading at 0.9834, with the USD trading 0.07% higher against the...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 105.42. In the Asian session, at GMT0300, the pair is trading at 105.51, with the USD trading 0.09% higher against the...