Forex Opinion & Analysis

UK Services Purchasing Manager Index could be another strong release out of UK today. With market paying close attention to news out of UK to determine the short-term direction of sterling, we should...

AU RBA Interest Rate Decision today is unanimously forecast by all analysts (surveyed by Bloomberg) that RBA should keep rates unchanged at 2:00%. In the highly unlikely scenario of a surprise, we...

US ISM Manufacturing PMI is a leading indicator for the Manufacturing sector, and considering the upcoming Friday’s Nonfarm Payroll report, any strong deviation should cause plenty of market...

UK Manufacturing PMI should be a strong market mover if we were to get our tradable deviation. With BOE pretty much discounted any possibility for a rate hike in the upcoming meeting, a stronger...

INTRADAY CHART BIAS: This risks a down-up day Resistance: 121.72-93 122.15-20 122.40 122.62Support: 120.91 120.70 120.46-55 120.00-20 MAIN ANALYSIS: Snafu… I felt we needed another rally...

Key Events This Week: February 1st – February 5thMon: CNY – Manufacturing PMI, GBP Manufacturing PMI, Net Consumer Credit, Mortgage Approvals, USD – PCE, ISM Manufacturing Tue: NZD...

From December 1978 – September 1984, Fed Funds achieved not only the highest rates seen since 1955 to current day but Fed Funds also remained in first ever double digits from a low at 9.03 to...

EUR/USD: With EUR taking back most of its earlier gains for the week to close marginally higher on Friday, EUR/USD eyes key support at the 1.0710 level. On the downside, support is located at the...

Weekly Large Trader COT Report: CurrenciesUS dollar net speculator positions fell last week to +$23.85 billionThe latest data for the weekly Commitment of Traders (COT) report, released by the...

In the coming period only the article "Ranking and Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to...

The latest CFTC Commitment of Traders report covers the five sessions through January 26, the day before the FOMC concluded its two-day meeting and three days before the BOJ's announcement....

NZD/USD: The pair closed flat the past week leaving risk of a move lower on the cards. As long as the 0.6542/58 zone continues to hold as resistance, the pair looks to weaken. This is consistent wit...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.0827 and ranging. I have posted the inset of the USDX which is potentially close to topping out so we are setting up for an...

DEM/USD exchange rate on January 1999 was 0.5583 while USD/DEM was 1.7910. Today EUR/USD closed 1.0828 while USD/EUR closed at 0.9235. Pre Euro, DEM/USD traded below USD while EUR/USD trades above...