Forex Opinion & Analysis

Is the Fed’s June Meeting ‘In Play’? Well, this morning’s FOMC Meeting Minutes say yes sir!Last night’s FOMC Minutes suggest officials in the US Federal Reserve think...

I am neutral for now. Yesterday was a nasty day. Apart from GBP/USD and AUD/USD (and leaving out a neutral EUR/JPY), the structures in the rest of the bunch failed completely. So much so, that even...

EUR/USD: With EUR/USD selling off strongly on Wednesday, we envisage more weakness in the days ahead. Support lies at the 1.1150 level. Further down, support comes in at the 1.1100 level where a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It's rare for Fed minutes to trigger such a big move in the U.S. dollar but when the market feels one way and the Fed signals...

It has been an active session ahead of the FOMC minutes later on today, where the focus has been on GBP in the wake of the latest IPSOS/Mori poll which has shown the remain voters taking a strong lead...

S&P 500 is trading quite choppy, slow and overlapping so we assume that price is still in a triangle correction that started at the beginning of May. Anyway we think that price is now in wave D,...

AUD/CHFCurrently we are at 0.7134 in a large range. We are looking to break down to the former bottom at 0.7060 with a possible continuation to the 1.270 Fibo at 0.7015. The average daily true range...

EUR/GBP: Mixed Jobs Data From UKBritish Office for National Statistics said the number of unemployed fell 2k in the three months to March, but the unemployment rate held steady at 5.1%. The number of...

Market Drivers May 18, 2016 Japanese GDP beats UK labor data bit better Nikkei -0.05% DAX -0.39% Oil $48/bbl Gold $1272/oz. Europe and AsiaAUD: RBA Minutes neutralGBP: UK CPI 0.3% vs. 0.5% North...

Wednesday May 18: Five things the markets are talking aboutRecent data would suggest that the U.S. economy is stabilizing, despite the tough winter. Reports released yesterday showed a pickup in U.S...

Market Drivers for May 18, 2016 Japanese GDP beats UK labor data bit better Nikkei -0.05% DAX -0.39% Oil $48/bbl Gold $1272/oz. Europe and Asia JPY: GDP 0.4% vs. 0.1%GBP: UK Claimant Count -2.4K vs....

Recently there was little consistency in the performance of the U.S. dollar and even improving economic data with a stronger rise in CPI data failed to encourage dollar bulls. While the market is...

EUR/USD has posted slight losses on Wednesday, as the euro trades at 1.1270 in the European session.On the release front, Eurozone CPI posted a decline of 0.2%, matching the forecast. Eurozone Core...

GBP/USD is trading to the upside in the last 48 hours from 1.4330, so it appears that corrective wave two is still underway.An updated count shows idea of a flat in progress after recent small break...