Forex Opinion & Analysis

Risk aversion resumed after the US returned from its holiday, with investor sentiment turning sour after a third real estate fund suspended trading after an increase in investor redemptions. Sterling...

The Bank of England overnight published their twice-yearly Financial Stability Report, spooking markets and sending the British Pound to fresh lows.“There is evidence that some risks have begun...

The last 24 hours have been a veritable roller coaster for financial markets as ongoing volatility from the UK referendum result continues to simmer.Despite the highly negative event, the currency...

APAC Currency Corner – The Pound Pounded Investor sentiment soured over the July 4 long weekend.” Just when you thought it was safe to go back in the water”, the pound got pounded as...

Following that curious “almost” consolidation, the outcome I had been expecting didn’t occur. That is, it was looking like a consolidation but the outcome has suggested a more direct...

In short: no speculative positions.The road to a Bitcoin ETF has proved to be pretty challenging for the Winklevoss twins. First mentioned in 2013, the ETF has yet to be approved by the SEC, more than...

US DollarThe employment report Friday will be key. Another bad number and the dollar will tank and start a left translated daily cycle. A weak dollar is going to be bullish for everything, so...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. So much for summer doldrums – the bears came charging out at the start of the third quarter, sending sterling to its...

British pound renewed its post-referendum minimum. EUR/GBP jumped to the highest level since 2013. GBP/USD fell to 1.3050 area. The psychological 1.3000 mark is painfully close. British currency is...

Daily FX wrap: Risk off adds to AUD, CAD and NZD softness, but GBP targeted as we hit new post-Brexit lows across the board. EUR benefits again.Some decent FX price action today, starting with AUD...

The EUR/USD 240 minute Forex chart is in its 8th day of a weak rally. This is a bear flag. Every new bar increases the probability of a bull breakout and a measured move up. The probability of a bear...

AUD/USD: Currently we are 0.7477 on a support in a nice range. We are looking for the support break and then continuation to the 0.618 Fibo at 0.7424 with a further target to the 0.786 Fibo at 0.7363....

Awaiting important economic dataImportant economic data will come out in Japan on Friday: trade balance and current account balance for May. We believe the preliminary forecasts are negative. Will it...