Forex Opinion & Analysis

It’s a light week in terms of economic data, with the most important releases being the business surveys from the major economies. But the true highlight will be the Fed’s annual economic...

UK retail sales post a sharp decline Rainy weather and high prices weighed on consumer spending The British pound has given up ground on Friday after several days of modest gains. In the European...

GBP/USD has been rallying this week on the back of strong employment and inflation data out of the UK. Traders are pricing in an outside chance of a big 50bps rate hike from the BOE next...

UK 10-year government bond yield surges to a 15-year high US 10-year real yields approach 14-year high Dollar was also lower on rebounding yen and yuan The British pound is still rallying from the...

The US manufacturing sector is showing impressive expansion. The latest data from the Philadelphia Fed Manufacturing Business Outlook Index jumped from -13.5 to +12.0 in August, against forecasts of...

UK retail sales expected to slip in July Fed minutes note concern about inflation The British pound has extended its gains on Thursday. In the North American session, GBP/USD is trading at 1.2772, up...

EUR/JPY currently at 1158.98 in a possible start of a rune to the bottom. We have divergence in play. If we can push through slope support here we are looking for a continuation to the ATR target @...

UK inflation drops but core rate remains steady US dollar gets lift from strong retail sales The British pound has posted considerable gains on Thursday. In the North session, GBP/USD is trading at...

Bearish: GBP/USD is currently at 1.2734, possibly starting a third wave in a channel. If we can push through slope support here, we are looking for a continuation to the ATR target at 1.2600. Today's...

The Reserve Bank of New Zealand left its key rate unchanged for the second time at 5.5%. Most analysts predicted this decision, but it created positive momentum in the NZDUSD, which at one point added...

RBNZ holds cash rate at 5.5%, as expected New Zealand dollar stems slide The New Zealand dollar is in positive territory on Wednesday in the aftermath of the Reserve Bank of New Zealand’s...

Inflationary pressures in the UK are easing, although they remain the highest among the G7 countries, as sellers are in no hurry to cut prices.UK CPI fell 0.4% in July (-0.5% expected), the first...

Overview: The US dollar is trading with a slightly heavier tone in the European morning. It has stalled in front of JPY145.90, where the BOJ intervened last September and ahead of CNY7.30, which...