Forex Opinion & Analysis

The USD/CAD continues to hover near an eleven year old high as macro economic headwinds are clipping the wings of the loonie. The pair touched a 24 hour high 1.3412 as uncertainty around China have...

Good morning. Hope all is well! We have had a bit of a turmoil on our forecast for yesterday with only a 29% accuracy on our predictions. This was due to US dollar and Japanese yen moving in the...

Forex market volumes mildly ticked over last night, with the yen and euro catching a bid while the commodity currencies continued to see decent selling.US stocks continued to buck the US dollar...

The US dollar continued to feel the wrath of a slowing China as the currency starts to slide against the euro. It would appear that investors are starting to become wary of the effects of an economic...

Key Highlights · British Pound traded lower against the Japanese Yen and it looks set for more losses moving ahead. · GBP/JPY cleared a major support area, which ignited a major downside...

EUR/GBP: With the cross remaining on the offensive, we look for more strength to build up. While it holds above the 0.7360 zone, expect more strength possibly towards the 0.7482/0.7500 region. On the...

Markets are fairly quiet early in this week’s trade, belying a fairly interesting week when it comes to economic data. Beyond the continued political fallout from the surprise recognition of US...

Overnight saw JPY benefit from safe haven flows as sentiment dampened following Chinese industrial profits reporting the largest decline on record (-8.8% vs. Prev. -2.9%). Despite reports in Chinese...

The following are the latest weekly positions updates on Societe Generale (PARIS:SOGN)'s FX Quant Fund, which runs systematic currency strategies by SocGen's quant analysts.The SG FX Enhanced Risk...

Governor Poloz would vote for a weaker C$, as the BoC continues to look toward non-energy exports to drive the economy, says CIBC World Markets."Voters wouldn’t elect to have a weaker currency,...

In a note to clients, Goldman Sachs (NYSE:GS) discusses its outlook and forecasts for EUR/USD and USD/JPY mainly based on GS' expectations for further ECB and BoJ easing and in the light of the EUR...

The following are the key takeaways from this week's COT report as provided by Scotiabank (LM:SCO). (Data in this report cover up to Tuesday Sep 22 and were released Friday Sep 25).IMM‐based...

Market Drivers September 28, 2015 Catalonia votes pro-independence Cable finds relative strength Nikkei -1.32% Europe -0.34% Oil $45/bbl Gold $1137/oz Europe and Asia: No data North America: USD PI/PS...

Main scenario:The pair is trading along a sideways trend between resistance 1.5240 and support 1.5160. An uptrend will start as soon as the pair rises above resistance level 1.5240, which will be...