Forex Opinion & Analysis

EUR/USD has posted slight losses on Thursday, as the pair trades just below the 1.10 line in the European session. On the release front, the ECB is widely expected to announce new stimulus measures at...

Market Drivers March 10, 2016 Chinese inflation data bit hotter EUR - GE Trade Balance worse, Draghi on Deck Nikkei 1.26% Dax -0.07% Oil $38/bbl Gold $1250/oz Europe and AsiaCNY: CPI 2.3% vs. 1.8%CNY:...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.7476. LME Copper prices declined 0.90% or $45.0/MT to $4935.5/MT. Aluminium prices declined...

For the 24 hours to 23:00 GMT, the USD declined 1.33% against the CAD to close at 1.3246. The Canadian dollar gained ground, after the Bank of Canada (BoC) kept benchmark interest rate steady at...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9976. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading flat from...

London Forex Report: Today we await the ECB Monetary Policy decision which will be followed by ECB Chief Mario Draghi’s Press Conference. The consensus seems to be looking for another 10bps cut...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.4216, after data released in the UK painted a mixed picture of the nation’s...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1000. In economic news, the French business sentiment index surprisingly dropped to a level...

EUR/USDCurrent level - 1.0972 Still in the broad consolidation pattern below 1.1067 resistance and while 1.0910 support holds, the outlook will remain positive, for a rise towards 1.1195 area. The...

EUR/USD is turning to the upside after it broke out of a downward channel, which is an important indication of a completed decline from the 1.1377 high that we labeled as wave D. Notice that bounce...

The table is setSet for what you may ask? And to be honest, nobody really knows. Economists and strategists, traders and investors have a consensus view of what is expected from the European Central...

The dollar lost ground against most major currencies on Wednesday, re-approaching two-week lows as investors turned their attention to the European Central Bank’s upcoming policy meeting and as...

GBP/USD, Mar. 10GBP/USD moved to the downside below SMA20 at 1.4195 along with negative signs on ADX and RSI14. Hence, the probability of achieving downside actions increased, but a break below...

Yesterday’s Trading:The euro/dollar closed slightly down on Wednesday. The euro restored from a 1.0945 minimum to 1.1034 on the American session. The buyers managed to win back their day’s...