Forex Opinion & Analysis

AUD/USD: AUD/USD may be biased to the downside, but faces a recovery threat while holding above the 0.7037 level. However, we should see a move higher if the mentioned support remains unbroken. On the...

“We’re all Keynseians now” – Milton FriedmanThe above quote is often misattributed to US President Richard Nixon, when he closed the gold convertibility window. Regardless, the...

Cable has looked quite bullish since bottoming out in April but it looks as though its failure to break through the 50 fib level – 15 July highs to 13 April lows – back in June was a...

USD continues to strengthen after yesterday saw the PBoC act to stop the rot, with gains capped by Fed’s Dudley suggesting a September rate hike is less appealingUSD has been the notable mover...

Amidst the rollercoaster ride that unexpectedly seized most global markets over the last few days, trade in GBP/USD has remained relatively sanguine. Cable rallied “just” 80 pips on...

Expecting continuation of bullish momentumLet us consider the major currency pair EUR/USD. Euro started strengthening after investors deemed the likelihood of interest rate hike by the Federal Reserve...

China’s latest currency devaluation sparked fears for a possible currency war, which will likely destabilize the global economy. Other countries, particularly those that neighbor Asia’s...

Market Drivers for August 26, 2015 Asian bourses rally driving euro lower Oil pops, helping drive USDCAD lower Nikkei 3.20% Europe -1.32% Oil $39.5/bbl Gold $1136/oz Europe and AsiaAUD: Construction...

Talking Points:US Dollar Technical Strategy: Long via Mirror Trader USD Basket Prices Break Four-Day Losing Streak, Hint at Upswing Ahead Bottoming Confirmation Absent Pending Close Above...

- U.S. Durable Goods Orders to Contract for Fourth Time in Last Seven-Months.- Non-Defense Capital Goods Orders ex Aircrafts to Increase Another 0.3% in July. Trading the News: U.S. Durable Goods...

Chinese Central Bank are releasing more easing signals with a cut on both loan rate and deposit reserve ratio. With the global economy slow down, more countries are adopting easing policies causing...

EUR/USDEUR/USD fell against the U.S. dollar on Tuesday, after upbeat U.S. economic reports and after China’s central bank cut interest rates in a bid to bolster economic growth after a plunge in...

USD/JPYThe strong fluctuation continued yesterday, and the pair is still moving below the initial resistance of 120.60, despite slight correction. The RSI14 shows extreme oversold signs, despite the...