Forex Opinion & Analysis

The Bank of England will come in focus next week as it holds its first policy meeting following the shock referendum outcome when Britons voted to leave the EU. The Chinese economy will also come...

Friday’s session was all about the run up to the key Jun US jobs report, and with numbers earlier in the week suggesting a strong headline read, this was duly confirmed by the 287k rise in jobs,...

This month's ProAct Traders “Pay Your Mortgage Trade” is found in the EUR/AUD pair. Both Elkana and I have the same currency pair but with a slightly differing view, so we will see which...

NZD/USD is trading at new highs, but not fall in love too much with current gains as pair can be in final stages of an ending diagonal. Ideally market will form a top next week around 0.7370-0.7400....

Sentiment towards the US economy received an uplift during trading on Friday following the impressive NFP figure of 287k in June which displayed signs of US labor market resilience in a period of...

Cotton stocks expected to declineGlobal cotton production and stock estimates were revised downward for the end of 2016-17 by the International Cotton Advisory Committee. Production is still expected...

Today is the day a lot of people have been waiting for, the day of the NFP. While there obviously is an expectation for a specific number (175 this month), it is important to see a number which is...

Friday July 8: Five things the markets are talking aboutInvestors continue to look for signs that the U.S. economy remains on solid ground, and today’s ‘granddaddy’ of all...

GBP/JPY Daily OutlookDaily Pivots: (S1) 129.11; (P) 130.53; (R1) 131.49; Intraday bias in GBP/JPY stays on the downside for next projection level at 122.71. On the upside, break of 139.01 resistance...

Market Drivers July 08, 2016 Markets wait for NFP Asakawa warns on spec moves in yen Nikkei -1.11% DAX 0.53% Oil $45/bbl Gold $1357/oz. Europe and AsiaEUR: GE CA 17.5B vs. 24.6BEUR: FR IP 0.5% vs....

The venerable kiwi dollar has been one of the largest beneficiaries of the volatility flooding the global markets over the past week as capital has sought a safe haven.Subsequently, the currency has...

The US dollar came under pressure in Asian trading on Friday ahead of the all-important non-farm payrolls report out of the US later today. The June report is the first since the UK referendum to...

The Japanese yen is showing little movement on Friday, as USD/JPY remains within striking distance of the symbolic 100 level. In the European session, USD/JPY is trading at 100.60.On the release...

Latest upward reaction on GBP/USD was made by three waves and has stopped near 1.3000 psychological level from where price turned south, beneath the corrective channel support line.This suggests that...