Forex Opinion & Analysis

The Bank of Canada left interest rates unchanged overnight, pulling an over expectant USD/CAD down to support.Lower growth forecasts and concerns about stroking a red hot housing market in major...

After the head rush on Monday and Tuesday, yesterday provided a more sedate development. Steady moves – not all pairs following a dollar direction – but making their way in life to make...

GBP/USD: The pair capped its gains to close lower on Wednesday leaving risk lower. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Bank of England's monetary policy announcement hasn't been released and we've already seen a U-turn in sterling. After...

After a largely range bound session, the BoC finally provided some notable volatility, albeit in the CAD specifically, prompting a 1+ cent gain vs the USD.No rate cut was expected here, but dovish...

Record sugar crops expected in USUSDA released its monthly World agricultural supply and demand estimates report (WASDE) where it forecasts production of sugar in US will be 3% higher than in 2014/15...

The British pound has shown movement in both directions on Wednesday but is unchanged over the course of the day. GBP/USD is currently trading at 1.3260. This follows strong gains in the Tuesday...

EUR/AUDCurrently we are 1.4513 in a nice channel. We are looking for a continuation to the bottom of the range at 1.4439 with a bounce anticipated there . The average daily true range (ATR) for the...

London Forex Report: Risk assets continue to rally as anticipation of fresh BOJ stimulus takes over from positive spillover from NFP to drive risk appetite. Major equities continued to advance from...

The Bank of England (BoE) is expected to cut its benchmark interest rate to a new record low (+0.25%) tomorrow, or at the very least send a strong message to the market that a cut is imminent now that...

The Japanese yen has taken a breather on Wednesday, following strong losses in the Tuesday session. USD/JPY is trading at 1.04.70. On the release front, Japanese Revised Industrial Production posted a...

Market Drivers for July 13, 2016 Abe advisors deny any talk to helicopter money CNY Trade a bit better Nikkei 0.84% DAX -10% Oil $46/bbl Gold $1341/oz. Europe and AsiaAUD Westpac -3.0% vs. -1.0%CNY...

The volatility of EUR/USD has shrunk in the last few sessions, while the pair keeps holding the 1.1000 support mark. The first resistance is at 1.1060 (Fibonacci retracement), and if this is surpassed...

EUR/USD has posted small gains on Wednesday, as the pair continues to drift this week. The pair is trading at 1.1080. It’s another light day on the release front, as the markets look for...