Forex Opinion & Analysis

The Australian dollar has posted slight gains on Tuesday. Early in the North American session, AUD/USD is trading slightly above the 0.73 line. On the release front, the RBA released the minutes of...

Canada wildfire may weaken national currencyCanadian dollar fell in mid-January 2016 to the lowest in 11 years against the US dollar. On the USD/CAD chart it looks as growth. After that it started to...

The daily EUR/USD has been sideways for 6 weeks. All trading ranges contain tops and bottoms. The bulls see a broad bull channel. The bears see a wedge top. [Note that yesterday's chart was a 20-, not...

USD/JPYCurrently we are 109.46 in a large range and attempting a rectangle break. We are looking to break up to the 0.214 Fibo @ 110.56. Watch the USDX for signs of weakness at the end. The average...

The UK economy was provided with another reminder during trading today that the extended period of low headline inflation that the economy has been encountering for over a year was going nowhere,...

A sense of unease gripped the financial markets during trading on Monday following the toxic combination of dismal China data and mounting Brexit concerns that weighed heavily on global sentiment....

Key quotes from the Commerz Bank FX report: USD The market is excessively pessimistic about the Fed’s rate hike cycle. That is becoming increasingly clear from comments of FOMC members over the...

The British pound rose towards 1.45 as Brexit fears are easing. A poll of U.K. voters showed 55 percent were in favor of the Remain camp, while a minority of 40 percent wanted to leave the...

EUR/GBP: Sterling rally halted by soft UK inflation dataBritish Office for National Statistics said consumer prices rose 0.3% yoy in April, below market expectation for inflation to remain at 0.5%...

Market Drivers for May 17, 2016 GBP powers through 1.4500 but loses it on cold CPI data RBA minutes suggest hold Nikkei 0.13% DAX 0.12% Oil $47/bbl Gold $1271/oz. Europe and AsiaAUD: RBA Minutes...

EUR/GBP DAILY As predicted last week (for the full set up watch the video here), the rate has started trading lower after a test of the former head and shoulders neckline as the new resistance. This...

London Forex Report:Market risk sentiments improved following renewed surge in equities and oil prices, while dataflow remained very much mixed. US Empire manufacturing index staged a surprised...

GBP/USD moves to the upside on slowing UK CPI dataThe GBP/USD rebounded on expectations that the inflation rate will remain unchanged at 0.5 percent. The Bank of England (BOE) is not expected to...

USD/JPYThe USD/JPY pair has stabilized above SMA20 along with continuous positivity above SMA20 - green - and good signals on RSI and ADX. We will be bullish, aiming to see the pair above 109.60,...