Forex Opinion & Analysis

HSBC China flash PMI for September came out at 51.2 from the prior month final of 50.1, beating market expectations and reaching a six-month high. The strong PMI reading is yet another sign of growth...

The Euro doesn’t know what to do with the German election results, which will not provide Merkel with a mandate to do anything besides what she has been doing for the last four years: damage...

Market Drivers for September 23, 2013 Merkel wins - but fails to get absolute majority forcing coalition negotiations EZ PMI show Manufacturing retreat while Services continue to expand Nikkei closed...

Asian markets traded higher after a private measure of Chinese manufacturing jumped more than forecast while euro failed to gain much momentum on news of Chancellor Angela Markel’s landslide...

If you want a way of winning a modern election there are few examples better than the one shown in Germany over the weekend. Angela Merkel and her CDU party romped to the largest victory in an...

EUR/USD:The EUR/USD maintained stability above 78.6% correction at 1.3505, stability above which supports the bullish bias, especially as Linear Regression Indicators are positive since the breach of...

XAU/USDSpot Gold remains under pressure, as the price continues to travel south, en-route towards 1300/1291 supports. Corrective phase off $1,291 that was capped at 1375, and seems to be over as the...

AUD/NZDThe cross remains under pressure as fresh weakness came close to the psychological 1.1200 support at key level at 1.1197, 01/08 fresh five-year low. Overall negative tone keeps the downside...

The FX markets have continued to trade with a slight bias to the risk on trade helped by stronger Chinese data and a resounding victory for Angela Merkel in Germany’s election on Sunday. The...

AUD/USDThe Aussie trades in near-term corrective mode, with price action coming under increased pressure after anextension of pullback from 0.9526 peak dipped to 0.9365 so far. Hourly studies are...

USD/JPYThe near-term structure weakens after the pair failed to regain psychological 100 barrier on a strong bounce off 97.75. Pullback from 99.65, where the rally stalled, cracked 99.00 handle, also...

GBP/USDThe Cable’s corrective pullback from 1.6161, 18/09 fresh high, has stabilized at the psychological Fibonacci at 61.8% of the 1.5890/1.6161 ascend support. With near-term basing attempt...

India's rupee weakened slightly after RBI’s surprise rate hike on Friday. However, USD/INR bulls were not able to seize the opportunity to send prices higher despite the rally helping to keep...

EUR/USDThe euro was steady close to eight-month highs against the dollar on Friday after St. Louis Federal Reserve President James Bullard indicated that the U.S. central bank could start to taper its...