Forex Opinion & Analysis

The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either way. GBP/USD remains supported above 1.30...

Previous:Expectations of a bottoming out yesterday came off in full. The GBP corrected before the Bank of England convened. Due to a rise in the euro/pound, the euro/dollar rose to 1.1119. Market...

Less than a month after voting to leave the European Union, the U.K. now has a new Prime Minister and a new cabinet. While this change was faster than markets’ expectations, the question remains...

The RBNZ has just announced a surprise intra-meeting economic assessment today. This has sent the NZD 100 points lower to 7200.The following message popped up on their website a couple of hours...

The USD/CAD pair continues growing after strong data on the US labor market was released last Friday. Moreover, the Canadian dollar remains under pressure due to the period of weakness in oil...

Markets have begun to show signs of stabilizing overnight.Asia equity futures traded mixed, and the US benchmark S&P 500 closed unchanged. Crude oil initially declined following the latest...

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...

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...

There are entry setups on almost every bar of every chart. I highlighted many on this 5 minute chart of the European session. All were good for 10 pip scalps. Many scalpers will use 20 – 30...

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...