Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD weakened 1.20% against the USD to close at 0.7340. LME Copper prices rose 0.62% or $29.0/MT to $4692.0/MT. Aluminium prices declined 0.53% or $8.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.3075. In the Asian session, at GMT0300, the pair is trading at 1.3010, with the USD trading 0.5% lower against the CAD...

For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CHF and closed at 0.9781. In economic news, Switzerland’s total sight deposits rose to a level of CHF501.2 billion for the week...

For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.99. In the Asian session, at GMT0300, the pair is trading at 102.01, with the USD trading marginally higher...

For the 24 hours to 23:00 GMT, the GBP fell 1.81% against the USD and closed at 1.3218. Yesterday, Britain’s Finance Minister, George Osborne, tried to calm frayed nerves following last...

For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1009. In economic news, the Euro-zone’s private sector loans edged higher by 1.6% YoY in May, following a...

The US dollar was showing signs of weakness as the markets start to price in a Fed rate cut by September. This change in view saw the euro posting a modest recovery having established support at 1.10....

EUR/GBP. We are adjusting our EUR/GBP forecasts in line with what we communicated before and immediately after Brexit. We now forecast EUR/GBP at 0.86 in 1M, 0.88 in 3M, 0.90 in 6M and 0.88 in 12M....

This Great Graphic shows sterling's's monthly performance since 1971, according to Bloomberg data. There have been several powerful trends. The rally from $1.40 to $1.50 in the week following Cox's...

After Friday’s antics yesterday appeared pedestrian. I would have liked a little more zest but I guess we’re back to the normal, humdrum development. I think we all know the eventual...

Key Highlights · US dollar faced a lot of selling pressure against the Japanese yen post the Brexit decision, as the USD/JPY pair declined heavily. · There was a sharp downside move in...

GBP/USD: The pair sold off the past week and followed through lower on Monday. This has left risk of more weakness on the cards. On the downside, support lies at the 1.3200 level where a break will...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tempting as it may be, now is not the time to pick bottoms in currencies and this is true for sterling, euro and even the yen....

As we had expected in our last article dated June 1, 2016, sterling rebounded on the daily uptrend channel before resuming the downward pressure and selling tops at around 1.5. The pair then slammed...