Forex Opinion & Analysis

Wednesday’s UK Claimant Count Change and Inflation report didn’t disappoint and the BOE Governor, Mark Carney laid out clearly that expectations for the UK economy have been significantly...

Focus again today was on the pound with the Claimant Count Change and the BoE inflation report.It was rather unsurprising to see the pair bounce so hard today from yesterday the relatively light...

Wednesday's forecasts headed in our direction for the most part, especially the EUR/USD, USD/CAD, USD/CHF, the Oceanic pairs and EUR/JPY. As we had thought, Japanese yen strengthened at the onset and...

The Canadian dollar is showing almost no movement, as it continues to trade close to the 1.05 level in Wednesday trading. The loonie has been struggling against the surging US dollar, as USD/CAD has...

EUR/USD Open 1.3480 High 1.3500 Low 1.3389 Close 1.3468On Wednesday EUR/USD increased with 110 pips. The European currency appreciated from 1.3389 to 1.3500 yesterday, matching the positive money flow...

The market is consolidating from its recent high, test of the bearish trendline from July (currently at 99.75/90, see daily chart below), and within the broader period of wide ranging/consolidating...

Our outlook at the beginning of the week was for the USD Index to range between 80.80 and 81.50 and so far this is what we have seen. However, the longer the 81.50 resistance holds, the more I will...

Is Abenomics working or not? This largely depends on who you ask.The incumbent Japanese Prime Minister's supporter will point at the Q3 GDP numbers which were released earlier, where headline GDP...

The AUD/USD stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9756. The rise from 0.9269 could be treated as consolidation of the downtrend. As long as the trend line...

Janet Yellen Confirmation Is A Risk For DollarGBP: BoE Sees 7% Unemployment Rate Reached In 2015 Instead Of 2016EUR: Sent On Rollercoaster Ride By Dovish ECB CommentsNZD Rallies As RBNZ Reiterates...

Talking Points:Closing Out EUR/USD Shorts Wave 4 Correction, Wave 5 Drop in AUD/USD How to Locate the Ideal Entry Point In last week’s article, we set up short trades in EURUSD. Our initial take...

Talking Points:- US DOLLAR Pares Decline Ahead of Bernanke Speech, Yellen Confirmation Hearing - Euro Weighed by Dovish European Central Bank (ECB)- 3Q GDP in Focus Index Last High Low Daily...

For the first time since early June, 3-month dollar calls are trading at a premium over puts (25 delta). Calls were trading a shrinking discount since early October, but as only turned positive last...

EUR/USDThe pair settled the session lower after the BoE brought forward likelihood of 7% jobless rate to 2015 Q3 which in turn resulted in an aggressive move lower by the EUR/GBP as market...