Forex Opinion & Analysis

We'll be getting the Canadian Employment Change release number today and since it is the main event for the CAD today, we should see plenty of market reaction following this release, especially if we...

US ISM Non-Manufacturing PMI is a leading indicator but because it is scheduled after this month’s Nonfarm Payroll Report, I would be careful taking any long-term position based on this release,...

UK Services Purchasing Manager Index could be another strong release out of UK today. However, with Brexit referendum looming (June 23), market is unlikely to push GBP up much even if we were to get a...

AU RBA Interest Rate Decision today is likely to keep rates unchanged in today’s meeting as recent news out of Australia have been positive, although the next possible rate direction is likely a...

EUR/USD Open 1.1390 High 1.1436 Low 1.1338 Close 1.1386On Friday euro/dollar decreased with almost 100 pips. The European currency depreciated from 1.1436 to 1.1338 last Friday, matching the negative...

The Forex Week Ahead: April 4th – April 8thSun: CNY – Leading Index Mon: AUD – Retail Sales, JPY – Monetary Base, GBP – Construction PMI, EUR – Eurozone...

All began relatively as expected over the past week – until the weakness in the U.S. dollar became more apparent. This has taken us back into the broad range of the past year –...

The Australian dollar held its ground on Friday, brushing off better than expected employment out of the US.At close of trade on Friday the Aussie dollar finished at US76.80c, up 0.29 percent from the...

EUR/USD: Although EUR/USD remains biased to the upside, we envisage a move lower on correction in the new week. Support lies at the 1.1300 level. Further down, support lies at the 1.1250 level where a...

As a Brit I well understand the deep admiration the Canadians have for their powerful neighbors south of the border, even if it is not always expressed. The good news in this update is that now is the...

Risk sentiment was broadly stable for most of the week, mainly due to Fed Chair Yellen dampening investors’ central bank rate expectations. With markets now pricing in considerably less than...

Key fundamental forex events for the week of March 28th through April 1st:The following table lists the key economic data and other events that came out during the week of March 28th through April...

Weekly Large Trader COT Report: Currencies US dollar net speculator positions fell last week to +$4.65 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...

Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published for this week.For analyzing the best pairs to trade looking from a...