Forex Opinion & Analysis

EUR/PLNDuring the last 2 months, EUR/PLN fell 2400 pips. Previous upward movement from January 2016 was caused by the decision of Standard & Poor's agency, which unexpectedly cut Poland's credit...

The world’s most widely traded currency pair has garnered its fair share of headlines over the last week, but heading into this afternoon’s monetary policy announcement from the Federal...

Looking at the chart. consecutive closing below 1.09-1.07 zone, EUR/USD may fall towards 1.04-0.98 ( to fulfill Draghi's dream !!).On the other side, only sustaining above 1.13, the pair can rally up...

Focus on the FOMC, but more volatility in GBP. USD on the front foot going into the announcement. Mixed CAD trade on oil price moves.A largely range bound session in FX, which was anticipated ahead of...

When the Fed raised the rate last year, the minutes suggest that they were relatively hawkish and expected 4 more rate hikes in 2016, as December Fed’s dot plot shows. Subsequent events after...

New York Forex Report: Full focus is now on the FOMC meeting decision due tonight. While the central bank is largely expected to keep rates unchanged, the dot plot and economic projection accompanying...

The EUR/USD will probably have a big move up or down after the FOMC report that comes out today at 2 pm EST. Although there is a 70% chance that the report will lead to a selloff in the stock market...

Awaiting Fed meeting resultsCanadian dollar (loonie) is weakening again which is seen on the chart as the rising trend. Its rate fell on lower global oil prices and expected Fed comments about the...

Financial markets have ruled out a rate hike from the FOMC today. However, markets are currently pricing in a rate hike to happen before June. Global recession and in particular the Chinese slowdown,...

For experienced traders, the correlation between crude oil and the ruble is well known, due to the fact that the Russian economy is dependent on crude oil. Crude accounts for 16% of Russia's GDP and...

AUD/JPYCurrently we are 84.41 breaking a bear flag. We are looking to continue to the 0.500 Fibo at 83.18 and maybe to the 82.44. The average daily true range (ATR) for the pair currently is 146...

GBP/JPY Daily OutlookDaily Pivots: (S1) 158.81; (P) 160.84; (R1) 162.16; Intraday bias in GBP/JPY remains neutral for the moment. Overall outlook is unchanged that rebound from 154.70 is viewed as a...

There was no trend in the EUR/USD Tuesday as investors stayed on the sideline before the highly anticipated FOMC announcement. By contrast, the trend was clear in the British pound which fell towards...

London Forex Report: Oil prices tumbled for the second day in a row to USD 38.7/barrel amid ongoing concerns over supply glut. Market will now shift its attention to the FOMC meeting decision due...