Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.6852 after NIESR reported that UK’s GDP grew by 0.6% in the three months to July, making it the slowest rise in...

For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.3383.In economic news, in Germany, Eurozone’s biggest economy, factory orders plunged at their fastest rate in...

I had expected USD to retrace a couple of days ago but we saw one more high. However I suspect we should now being to see a deeper USD retracement before the bulls regain control.Below you may find...

Following 4 straight weeks of losses, the Cable is amid its most bearish move since the July lows. With BoE Official ank rate and statement due out today we may have a better idea to how low this...

Talking Points:Australia’s Employment Change for July Comes in at -0.3K vs. 13.2K Expected, 14.9K Prior Month Australia’s Unemployment Rate for July Comes in at 6.4% vs. 6.0% Expected,...

Talking Points:GBP/JPY Technical Strategy: Flat Support: 171.96, 171.56, 170.66 Resistance: 172.45, 173.49, 174.20-53 The British pound moved lower against the Japanese yen as expected after producing...

A snapshot view of yesterday’s New York - London session with technical notes.Canadian Trade Balance in surplus and its highest since March '12 which should help improve Q2 GDP. CAD Futures...

EUR/USD kept on decliing exchanging at 1.3369 after German production line requests missed desires. The euro slipped to a nine-month low on Wednesday, broadening its misfortunes after information...

Kathy Lien is the Managing Director of FX Strategy for BK Asset Management.Will the ECB Drive Euro to New Lows? Dollar Unfazed by Drop in U.S. Yields GBP: Why the August BoE Meeting is So...

Talking Points EUR/USD Tests S4 Support Breakout signaled under 1.3338 Range Support Starts at 1.3357 (Created using FXCM’s Marketscope 2.0 charts) The EUR/USD has started the US Trading...

AUD/USD is steady on Wednesday, as the pair trades in the low-0.93 range late in the European session. On the release front, the US trade deficit beat expectations, improving to a...

GBP/USD (daily chart shown below) has continued to extend its declines from the multi-year high of 1.7190 that was hit just three weeks ago, in mid-July.After that high was established, which was just...

The Canadian dollar is steady on Wednesday, as USD/CAD trades in the mid-1.09 range early in the North American session. In economic news, there was positive news on both sides of the border, as...

Talking Points- EURJPY, EUR/USD look to extend recent downside pivots. - EURCAD may be a long candidate above 1.4660. - August forex seasonality in QE era supports a stronger US Dollar. Both EUR/JPY...