Forex Opinion & Analysis

The overall recovery in the rouble since the start of the year is mostly a result of a stabilisation in global oil prices. However, in our view, the acceleration in the rate of rouble appreciation...

KEY DATA RELEASES TODAY (BST) :09:30 GBP Manufacturing Production m/m 0.4% v -0.5% 13:30 USD FOMC Member Lacker Speaks 13:30 USD Import Prices m/m -0.4% v 0.4% 15:00 GBP NIESR GDP Estimate...

Resuming our technical analysis series started on April 01 , we see how the cluster resistance of 1.3750 has been able to stop the corrective actions, pushing the EURCAD pair to the downside. On...

The dollar remained supported after New York Federal Reserve President William Dudley said Wednesday that the timing of a rate hike depends on economic data and added that a rate hike in June could...

The US Treasury released its semi-annual currency report yesterday, and it recommended that Europe do more on the fiscal side and singled out Germany’s need to stimulate internal demand. (With...

Focus of the day"FX markets are becalmed. The FOMC policy debate is evolving very slowly as the members are unsure about when to start raising rates. The oil price collapse has also turned into...

Talking Points USD Looking to Fed-Speak for Guidance Amid Fed Policy Speculation CAD Down Before Jobs Data in Otherwise Quiet Overnight Trade The economic calendar is quiet in European trading...

Talking Points USD/CHF Technical Strategy: Flat Support:0.9746, 0.9428, 0.9213 Resistance: 0.9910, 1.0177, 1.0393 The US Dollar looks poised to continue higher after clearing range resistance below...

Talking Points EUR/USD Technical Strategy: Flat Support: 1.0640, 1.0456, 1.0386 Resistance:1.0868, 1.1040, 1.1122 The Euro accelerated lower against the US Dollar after producing a bearish Dark Cloud...

Talking Points GBP/USD Technical Strategy: Flat Support: 1.4706, 1.4597, 1.4463 Resistance: 1.4814, 1.4990, 1.5160 The British Pound may be resuming its down trend against the US Dollar after...

Talking Points USD/JPY Technical Strategy: Flat Support: 119.66, 118.93, 118.20 Resistance: 120.68, 121.41, 122.13 The US Dollar continued to move higher against the Japanese Yen as expected...

Talking Points EUR/GBP Technical Strategy: Short at 0.7311 Support: 0.7239, 0.7149, 0.7005 Resistance: 0.7392, 0.7509, 0.7627 The Euro turned lower against the British Pound as expected after...

Talking PointsUSD/CAD Technical Strategy: Flat Support: 1.2381, 1.2208, 1.2014 Resistance: 1.2655, 1.2801, 1.3039 The US Dollar continues to tread water in a familiar range below the 1.28 figure...

Talking Points NZD/USD Technical Strategy: Flat Support: 0.7501, 0.7406, 0.7296 Resistance:0.7595, 0.7658, 0.7721 The New Zealand Dollar remains locked in a range below a falling trend line...