Forex Opinion & Analysis

The Australian dollar is trending lower today after the latest minutes meeting from the Reserve Bank of Australia where they left open the door open for further rate reductions should the need...

Market Drivers Mar. 15, 2016 BOJ does not add any more QE; USD/JPY falls GBP feels the heat on latest Brexit poll Nikkei -0.68% Dax -0.57% Oil $36/bbl Gold $1233/oz Europe and AsiaEUR: IP 2.1% vs....

GBP/USDThe pair followed through lower on the back of its Monday losses on Tuesday. This development leaves GBP/USD threatening further downside pressure in the days ahead. On the downside, support...

EUR/USD is showing marginal movement on Tuesday, as the pair trades slightly below the 1.11 line in the European session. On the release front, French CPI posted a gain of 0.3%, within expectations....

On Tuesday there was a meeting of the Japanese central bank. BOJ didn't change anything, it left interest rates and QE at current levels. Japanese yen in reaction, strengthened against all...

Tuesday March 15: Five things the markets are talking aboutCentral Bank monetary policy announcements dominate proceedings this week. The main event happens tomorrow with the Federal Open Market...

The dollar gained against most major currencies on Monday, as investors continue to focus on the Federal Reserve’s upcoming policy meeting this week. The euro remained under pressure after the...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.49% against the USD to close at 0.7514. LME Copper prices rose 1.07% or $53.0/MT to $4994.0/MT. Aluminium prices declined 1.03% or...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9874. In economic news, Switzerland’s total sight deposits stood at CHF481.3 billion in the...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 113.81. In the Asian session, at GMT0400, the pair is trading at 113.54, with the USD...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.4302. In the Asian session, at GMT0400, the pair is trading at 1.4276, with the GBP trading 0.18%...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1104. In economic news, Eurozone’s industrial production rebounded above expectations by...

Strangely enough, hope has recently become a driver in global financial markets. Hope based on OPEC ministers’ loose words. Hope based on central bankers’ loose comments. Hope based on...

GBP/JPY Daily OutlookDaily Pivots: (S1) 162.23; (P) 163.10; (R1) 163.61; GBP/JPY's recovery lost momentum again and dips mildly. Intraday bias is turned neutral first. Overall outlook is unchanged...