Forex Opinion & Analysis

US Core Retail Sales is usually a good market mover, and considering recent dovish tone out of the Fed, a stronger retail figure may help to boost market sentiment and support the USD.Here's the...

AU Employment Change release today will be the catalyst for AUD in the short-term. With the Chinese economy showing signs of slowdown, even a strong figure today will not support AUD for long.8:30pm...

US Core CPI is expected to rise to around the 0.1%. Any strong deviation should increase/decrease the possibility of a rate hike by the Fed this month…8:30am (NY Time) US Core CPI m/m Forecast...

NZ CPI is a quarterly release; therefore, there is a chance for the forecast to miss. Considering that the dis-inflation theme is global, there are very little expectations for a strong surprise...

Global equity markets continued their recent run of form with positive momentum remaining as the theme for the financial markets as they concluded trading for the week. Although there are still...

EUR/USDMain scenario:The pair is trading along an uptrend that may be expected to continue in case the market rises above resistance level 1.1385, which will be followed by reaching resistance level...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.97% against the USD to close at 0.7326. LME Copper prices rose 3.08% or $159.0/MT to $5319.0/MT. Aluminium prices rose/declined 3.54% or $55.0/MT...

For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.2942. In economic news, Canada’s unemployment rate unexpectedly rose to 7.1% in September, its highest level...

For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 120.23. In the Asian session, at GMT0300, the pair is trading at 120.19, with the USD trading marginally lower...

For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.5319, after the UK posted a worse-than-expected goods trade deficit in August along with the nation’s...

For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1359. Macroeconomic data released showed that industrial production in France, the Euro-zone’s second largest...

A whole string of bank holidays to start the week with Japan off (again!) in observance of Health-Sports Day, while the US and Canada are also off for Columbus Day and Thanksgiving respectively. The...

The cycle of accumulation and distribution defines cause (building) within a broader mark down phase for the euro.Traders chasing the euro's bounce should be listening to the message of the market...

AUD/USD: AUD/USD closed strongly higher the past week leaving risk of further strength in the new week. While it can trade and hold above its broken resistance turned support at 0.7279 level, we think...