Forex Opinion & Analysis

The British pound is on a roll, and has climbed above the 1.66 line on Thursday. GBP/USD is currently trading at its highest level since August 2011. In economic news, the pound shrugged off a weak...

CAD Currency Traders,For those who captured the majority of the gains shorting the CAD during the past 24 hours a huge congratulations. For those who never or lost ground this posting is for you.As we...

Market Drivers for January 23, 2014China HSBC PMI sinks below 50 driving Aussie downGerman PMI hits 32 month high EURUSD pushes through 3600Nikkei -0.79% Europe -0.07%Oil $97/bblGold $1237/oz.Europe...

Overnight we saw the HSCB Chinese manufacturing PMI drop below the critical 50 level once again which signalled a reversal of the previous session’s Australian dollar rally and in the London...

The Greenback continues its marauding run against Emerging Market Currencies, and SGD isn't sparred even though it is considered a much stronger financial hub compared to the rest of its Asian...

Apparently, Greece has become a newsmaker in the European Union recently. It happened because of the Greek presidency of the EU Council has started. And secondly, after five years of acute social and...

New Zealand dollar continues to consolidate above 0.8310. Price formed a small "bull" candle with a short lower shadow. Predominant direction of the market Forex - Descending, as indicated by the...

Today the British pound has had a very strong bullish move versus the other main currencies, due to the better than expected fundamental reports out of the United Kingdom. On the daily chart below, we...

During the past few days we have seen the EUR/JPY trying to break below the 141.00 level, but the downward momentum has not been strong enough to help the pair stay below that level. None the less, a...

Traders and investors are getting increasingly concerned that the Bank of England may start tightening its monetary policy in the near future. Lower unemployment, along with a stronger housing market...

Kiwi dollar remains firmly on the backfoot today. Prices was already depressed during yesterday's US session led by a hint of stimulus concern which drove USD higher, with prices staying close to 0.83...