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Forex Opinion & Analysis

iFOREX Daily Analysis – 21/12/2015 By iFOREX - Dec 21, 2015

The yen rose sharply against the U.S. dollar on Friday, after the latest easing measures from the Bank of Japan were below market expectations. The BoJ kept its main monetary stimulus target unchanged...

Gregor Horvat
GBP/USD: Downtrend Continuation By Gregor Horvat - Dec 21, 2015

GBP/USD fell to a new low last week as expected, after only three wave bounce from 1.4893 to 1.5240 which was a corrective move called a zigzag. As such, we are bearish on GBP/USD and will expect more...

WTI threatened by higher US oil rig count By ForexTime - Dec 21, 2015

Oil concluded last week heavily depressed closing under $36 following the Friday report from oil services company, Baker Hughes (N:BHI) Inc. showing that the oil rig count climbed for the first time ...

Ross Woodfield
BoJ Surprises, Confuses The Market By Ross Woodfield - Dec 21, 2015

The yen was on a wild roller coaster ride throughout the week, first as the Fed increased rates, followed by the BoJ causing plenty of confusion after their monetary policy meeting. The end result is ...

GCI Financial
Aussie Trading Lower This Morning By GCI Financial - Dec 21, 2015

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7175. LME Copper prices rose 2.20% or $100.0/MT to $4650.0/MT. Aluminium prices rose 1.72%...