Forex Opinion & Analysis

The markets are likely to remain flat in the run up to the US GDP second revision followed by Janet Yellen's speech a couple of hours later. With the hawkish rhetoric gaining momentum, Yellen's speech...

London Forex Report: US released a very good headline number that showed a surprise acceleration in durable goods orders to 3.4% MoM in April driven by a surge in the volatile transport segment. Core...

USD/JPY to turn higher ahead of US GDP dataThe USD/JPY consolidated around 109.80 ahead of US GDP data and then traded higher to touch 110.00 high on weaker than expected Japanese inflation data. The...

EUR/USD is unchanged on Friday, after the pair posted small gains in the Thursday session. The pair is trading quietly slightly below the 1.12 line. On the release front, there are no Eurozone events...

Global stocks inched higher during trading on Thursday as the positive combination of renewed US rate hike expectations and resurgence in oil prices elevated global sentiment. European markets charged...

Yesterday’s Trading: The euro bulls on Thursday tried to strengthen above the trend line and 1.1190 resistance several times but couldn’t manage it. The price constantly bounced back to...

Brent crude pushed above the key psychological level to trade above $50 for the first time since November 2015. The 85% rally since Brent hit a 12-year low in January was supported by multiple...

A sense of anxiety threatened the financial markets during trading on Thursday following the unexpected currency depreciation by the People’s Bank of China that rekindled concerns over the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Thursday's U.S. dollar traded lower against all of the major currencies with the exception of the British pound, which...

In FX markets we have seen some volatility in all sessions, starting in Asia, NZD/USD fell on the lower than expected Fonterra milk price forecasts, kiwi found support at the .6694 area after dropping...

USD/SGD has lost ground on Thursday, as the pair trades at 1.3730 in the North American session. In economic news, Singapore GDP posted a small gain of 0.2% in the first quarter. In the US, Core...

Today pair’s growth slowed amid the publication of weak statistics in the UK, where the GDP growth in the first quarter of the year amounted to 2.0% while economists predicted a 2.1% growth. In...

The Australian dollar has ticked higher on Thursday, as the pair trades slightly above the 0.72 line. On the release front, Australian Private Capital Expenditure posted a sharp decline of 5.2%, below...

GBP/CHFCurrently we are 1.4596 in consolidation in a large channel. We are looking for continuation to the 1.618 Fibo @ 1.4702 with a further target @ 1.4800. The average daily true range (ATR) for...