Forex Opinion & Analysis

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.4436, after UK’s industrial and manufacturing production advanced at a less-than-expected pace...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1421. In the US, mortgage applications rose 0.4% in the week ended 06 May 2016, its first increase...

A number of indicators are signalling that the EUR/CHF’s strength is faltering as the pair moves to test the February high. Specifically, the emergence of a Bearish Bat pattern, a possible...

The Australian dollar has been under pressure of late as a combination of a weakly performing economy and significant monetary divergence has seen the pair trading at significantly depressed levels....

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In the next 24 hours, FX traders will turn their focus to the British pound because Thursday’s Bank of England monetary...

This article aims to provide price forecasts for currency exchange rates for June 01, 2016. 13 major currency pairs have been selected for forecasting. The table below shows the monthly currency...

Daily FX Wrap: More GBP weakness attempted post UK manufacturing, but well contained ahead of BoE/QIR. Crude draw (DoE) giving CAD some n/t relief.After the early action in GBP, there was very little...

No change on EUR/AUD since yesterday; we are still waiting on a deeper A-B-C retracement of a higher degree back to one of the supports, 1.5131 is first one and other one is at 1.4935. Ideally we will...

Swiss banking giant UBS is planning to pass on negative interest rates or raise commission for wealthy corporate clients. CEO Sergio Ermotti sees it as a necessary step after the Swiss National Bank...

It has been a relatively quiet few sessions in the foreign exchange market following the release of the weaker-than-expected non-farm payrolls out of the US. For example, the most important currency...

Currently we are 1.2878 in a large range. West Texas Intermediate is rallying and the USD is correcting and the result is a chart that looks very close to the USD (see graphic). We are looking to...

USD/JPY posted considerable losses on Wednesday, reversing the upward movement we saw on Monday and Tuesday. The pair is trading at 108.70 in the European session. On the release front, there are...

Market BriefLight news flow keep risk-taking alive The lack of news provides traders with the opportunity to loosen FX safe-haven trades, while taking some marginal risk. Data from the US indicates...

London Forex ReportAbsence of first tier economic releases in the US prompted a relief market rally. Dataflow was scanty but positive from the US and only limited to a rebound in wholesale inventories...