Forex Opinion & Analysis

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....

The British Pound continued to fall heavily against the Dollar as trading for last week came to a conclusion, with the ongoing “Brexit” uncertainty continuing to weigh heavily on investor...

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...

USD/JPY has posted gains on Tuesday, as the pair trades just below the 109.60 line in the European session. On the release front, it’s a busy day. The US will release key consumer inflation...

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%...

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...

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,...

Last week was a bit of a watershed for the cable as the pair continued its general trend and remained fairly lacklustre as price action drifted lower throughout the week. Initially the pair was under...

The dollar remained lower against other major currencies in subdued trade on Monday, after data showed that manufacturing conditions in the New York region contracted for the first time in three...

The US dollar is mostly weaker today. It appears to be consolidating the gains scored since the reversal on May 3. Sterling and the Australian dollar are leading the way early in Europe.The Australian...

The EUR/USD is finding support ahead of U.S. CPI dataThe EUR/USD was flat and held in between 1.1300 and 1.1345 as investors await new economic data to be released today. US economic data started...

EUR/USD is steady in quiet trade on Tuesday, as the euro trades at 1.1330 in the European session. On the release front, the Eurozone trade surplus improved to EUR 22.3 billion, but this fell short of...