Forex Opinion & Analysis

Talking Points:According to the BIS, China growth concerns hinder commodity exporting markets US Dollar appreciation adds to difficulty of paying off dollar-denominated debt The average short-term...

Forex News and EventsRBA waiting on the FedThe minutes from the RBA’s September meeting were released earlier this morning. As expected, the minutes indicate that the central bank is comfortable...

The following are the intraday outlooks for EUR/USD, AUD/USD, and USD/CAD as provided by the technical strategy team at SEB Group.EUR/USD: Sellers at dynamic resistance. The ascending pivot line,...

Reflected from the continuous slip of the USD in the past few days, the market did not show great expectation for Fed’s interest rate hike. Seen from the day line of the USD index, it may appear...

GBPUSDWeak movements have been witnessed on GBPUSD, but SMA20 continued to protect the movements above 38.2% Fibonacci at 1.5415. Trading above 1.5415 is positive and would bring a test of 1.5490,...

An air of uncertainty envelops the financial markets as further weak data from China and the continual uncertainty over when the Federal Reserve will begin raising US interest rates has encouraged the...

The following are the trends and levels for EUR/USD, EUR/JPY, and EUR/CHF as provided by the technical strategy team at Erste Group. Original post

AUDUSD MovementFor the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7143. LME Copper prices declined 0.52% or $28.0/MT to $5324.0/MT. Aluminium prices declined...

USDCAD MovementFor the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD to close at 1.3257. In economic news, Canada’s house price index rose 1.0% on a monthly basis in August, from...

USDCHF MovementFor the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9685. In economic news, real retail sales in Switzerland contracted 0.1% in July on a YoY...

USDJPY MovementFor the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 120.34. In the Asian session, at GMT0300, the pair is trading at 120.35, with the USD trading...

GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5423, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at...

EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1307, as investors shrugged off the Euro-zone’s stronger than expected industrial production...