Forex Opinion & Analysis

GBP/USD ended the week lower after a much needed pullback in early week trade was soon reversed in favour of the longer term trend as Manufacturing data reflected an economy slipping back into another...

AUD/USD did very little last week as the ‘risk on theme’ in the markets were off-set by another report showing inflationary pressures in the Australian economy eased again, making a case...

Friday was a little more hectic, frenetic and chaotic than expected. Well, perhaps not too chaotic with the exception of GBP/USD that decided to mirror the rally in the Euro - except in the opposite...

EUR/USD Open 1.3642 High 1.3711 Low 1.3585 Close 1.3638On Friday Euro/Dollar traded within 125 pip range. The European currency appreciated from 1.3585 to 1.3711 on Friday, matching the positive money...

AUD/USD remains in a downtrend from 1.0597. The price action in the trading range between 1.0360 and 1.0475 is likely consolidation of the downtrend. Another fall could be expected after...

EUR/USD Much of the attention this week will be on the upcoming monetary policy meeting, where the head of the central bank is expected to be quizzed on the recent LTRO repayments and also promissory...

Cable was trading around the 1.5865 area heading into Friday and looked set for a weekly basis gain. However, the price action as the week drew to a close had the GBP/USD pair covering around 189 pips...

The main drivers of the foreign exchange market have strengthened. This means that the current trends, especially euro strength and yen, sterling and dollar bloc weakness are likely to persist. The...

In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In...

As can be seen from the following opportunity alert for EUR/CHF that I received today through Autochartist’s email subscription, the pair is expected to fall further toward the target level...