Forex Opinion & Analysis

US non-farm payroll figures released earlier today showed that the US is making decent progress on the employment front and demonstrating that the US economy is recovering better than expected....

GBP/USD has posted modest gains in Friday trading, as the pair trades in the mid-1.63 range in Friday trading. UK releases ended a strong week with more good news, as Halifax HPI registered a...

The USD/JPY has just broken its downward trend line on a 30 minute time frame. This means that the correction may be over and the price is ready to continue its upward trend The pair is also trading...

EUR/USDCurrent level - 1.3656Yesterday's sell-off was short-lived and after failing to break below 1.3524 crucial lows, the uptrend was renewed, reaching a new high at 1.3678. The bias is positive...

EUR/USDEuro decided to move according to alternative scenario. We think, today price may continue extending the fifth wave with target at 1.3712. Considering that this extension comes near level of...

The US dollar has reversed directions on Friday, posting gains at the expense of the Japanese yen. In the European session, USD/JPY is trading in the low-102 range. On Thursday, US Unemployment Claims...

The EUR/USD is steady in Friday trading after posting sharp gains on Thursday. The pair is trading in the mid-1.36 range in Friday’s European session. As expected, the ECB maintained interest...

The US dollar is trading broadly sideways ahead of the November employment report. Although many observers seem to disagree, we think the bar to Fed tapering later this month is high and the one...

I'm not a fan of putting on new trades on the morning of the US Employment Report, as it can be something of a lottery, and can leave egg on the face of anyone who plies their trade talking/trading...

USD continued to advance during Asian trading after the US third-quarter annualised GDP figure came out much better than expected and weekly initial jobless claims declined. However, the underlying...

Yesterday’s European Central Bank (ECB) press conference was the ultimate damp squib for those, like myself, expecting its leader, Mario Draghi, to take a more aggressively dovish turn —...