Forex Opinion & Analysis

The Aussie moved dramatically to the downside last week (around 400 pips) with the Reserve Bank of Australia (RBA) finally being provided with a weaker currency, after stating for some time that the...

At the beginning of last week, comments from Koichi Hamada (an advisor to Prime Minister Shinzo Abe) that a weak JPY was “positive for Japan’s economy” allowed investors to price in...

The upcoming Scotland referendum completely dominated UK economic headlines last week, with the GBP/USD falling to its lowest level since November 2013 (1.6051) when the prospect of an independent...

In line with forecast, the EUR/USD entered a consolidation phase last week after experiencing heavy selling following the ECB’s surprising interest rate decision the week prior. In general,...

Market BriefThe Chinese industrial production grew by 6.9% y/y, much worse than expected on year to August (vs. 8.8% exp. & 9.0% last); the retail sales increased 11.9% (vs. 12.1% exp. & 12.2%...

Today's Technical Report/Commentary:After reaching a 14-month low on the 9th of the month, the Euro’s recovery attempts has been shallow, and managed only to restore a very small amount of the...

EURUSD The Euro holds below last Friday’s fresh recovery high, with positive near-term tone and Friday’s ticks higher, marking positive daily close, after the price broke above...

Today’s Binary Options Trading Strategy:• Currency Pair: EURCHF • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...

Weak Chinese industrial production numbers for August depressed mood at the start of this week’s trading while the fact that Japan was on holiday meant thin volumes. The currency that was the...

EUR/USDThe euro pushed higher against the dollar on Friday, but remained within striking distance of 14-month lows as the prospects of an early hike in U.S. interest rates continued to underpin...

EURUSD bearish extension threatA modest pop higher Friday through minor resistance, 1.2965, but still contained below 1.2995 still hesitant in the very near term to extend the bear trend.However, the...

EURUSD Daily Analysis: What a slow week! Price remained within the 1.2990-1.2859 range all week (and a significantly smaller portion of that for the majority of the week) as bulls and bears were...

On Friday, the AUD weakened 0.66% against the USD to close at 0.9044.LME Copper prices rose 0.40% or $27.0/MT to $6856.0/MT. Aluminium prices rose 0.32% or $ 6.5/MT to $ 2008.5/MT.In the Asian...

On Friday, the USD rose 0.52% against the CAD to close at 1.1093.In economic news, the Teranet/National Bank house price index in Canada registered a rise of 0.8%, on a monthly basis, in August. The...