Forex Opinion & Analysis

Market BriefChina’s decision to modify the way the PBoC sets the reference rate for the renminbi has drove both FX and equity markets for the past few days. Asian equity market returns are mixed...

The lower oil price and strong sterling have lowered the near-term inflation outlook and we now expect BoE to begin raising interest rates in February 2016.We expect the BoE to increase interest rates...

EUR/JPYThe cross remains biased to the upside with eyes on its key resistance at the 140.00 level. This is coming on the back of recent bullish offensive following its corrective recovery triggered...

A rise in retail sales combined with unemployment claims at record lows increased confidence about the health of the U.S. economic recovery providing some strong support on the dollar as the...

USD/JPYIt seems as if the USDJPY has neglected yesterday’s trading, forming a very small body as seen on Thursday’s candle comparing with Wednesday’s one. We are still waiting for a...

For the Friday edition of DecaPip Daily I would like to look at the USD/CAD and identify some key technical levels and how we may be able to trade them in the near term.The easiest way for me to...

On Thursday, the AUD remained on about the same level against the USD, despite quite strong data on Retail Sales from the US. The reason of these dynamics was strong macroeconomic statistics from...

U.S Data Dependency Looks to FOMC MinutesStarting with the U.S. non farm payrolls report, China’s devaluation of the yuan and the release of U.S. retail sales numbers investors have been getting...

Market Drivers Aug 14, 2015 CNY Stabilizes for first day in four Greece passes the bailout vote Nikkei 0.37% Europe -0.49% Oil $42/bbl Gold $1116/oz. Europe and Asia: NZD Retail Sales 0.1% vs....

EUR/USDEUR/USD was relatively flat one session after surging to monthly-highs, amid solid U.S. economic data and ahead of an emergency session in the Greek Parliament on Thursday night where an...

EUR/USD DailyECB minutes and Fed data failed to substantially move the markets yesterday as they, for the most part, continued to tread water in the wake of the Chinese decision devalue the yuan. The...

For the 24 hours to 23:00 GMT, the AUD weakened 0.21% against the USD to close at 0.7368. LME Copper prices rose 0.88% or $45.0/MT to $5148.0/MT. Aluminium prices declined 0.52% or $8.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.72% against the CAD to close at 1.3068, after Canada’s house prices rose 0.30% MoM in June, the highest since August 2014, more than market...

For the 24 hours to 23:00 GMT, the USD rose/declined 0.14% against the CHF and closed at 0.9766. The producer and import price index in July fell 0.30% MoM in Switzerland, more than expectations for a...