Forex Opinion & Analysis

We supposedly have “a deal” in Brussels, though we should know by now (and in line with what I state above) that even as Tsipras returns to Athens with this deal, its passage is no...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of July 13th – July 17th, with...

The euro opened at 1.1091 dollar on Monday in Asian trading, down 0.5% from Friday’s close. After 14 hours of talks lasting into the night, negotiations between Greece and its creditors were...

EUR/USDThe euro fell early on Monday, as several countries want Greece to immediately pass legislation on reform measures before moving on to a new round of bailout talks and efforts to provide...

EUR/USD Daily Analysis: Our sell limit was triggered on EUR/USD yesterday (1.1070) and, so far, our resistance at 1.1100 has held price down and protected our SL. However, we have yet to see the...

On Friday, the USD declined 0.21% against the CAD to close at 1.2679. On the macro front, Canada’s unemployment rate remained unchanged at previous month’s level of 6.8% in June, albeit...

On Friday, the USD declined 0.82% against the CHF and closed at 0.9401. In the Asian session, at GMT0300, the pair is trading at 0.9401, with the USD trading flat compared to Friday’s close. The...

On Friday, the GBP marginally rose 0.89% against the USD and closed at 1.5513. In economic news, total trade deficit in the UK narrowed to £0.39 billion in May, following a revised deficit of...

On Friday, the EUR rose 0.66% against the USD and closed at 1.1144, as possibility of the “Grexit” was reduced, after the Greek government had submitted fresh set of proposals to its...

Interest rates were predictably held at 0.5% once again by the Bank of England last week. The economic data was mixed with some weak manufacturing production figures, but a lift in the GDP estimate...

Talking Points: The euro gapped -0.5 percent versus the US dollar, -1.0 percent versus the Japanese yen Prime Minister Alexis Tsipras given 3 days to push new austerity measures or risk...

We seem to have had a good forecast for Friday with a 71% accuracy. As we had expected both US dollar and Japanese yen let out a little steam. Euro and Australian dollar pairs are on our watch list...

The focus for the start of the new trading week in the foreign exchange market will be the outcome from this weekend’s Greek bailout deal.At the time of writing the result should bring...