Forex Opinion & Analysis

The British pound has lost ground on Thursday. GBP/USD is trading at 1.2760 in the North American session at the time of writing, down 0.29% on the day. UK economy flatlines in April The UK economy...

The Fed acted as a market balancer on Wednesday, smoothing out buyers' bullishness following the earlier inflation report. There was little doubt that the FOMC would leave the key rate unchanged in...

The Australian dollar has edged lower on Thursday. AUD/USD is trading at 0.6674 in the North American session, up 0.14% on the day. The Aussie didn’t show much reaction to today’s solid Australian...

Note: Unemployment claims was negative today Bearish: Currently we are at 1.9201 in a channel in a range. We are looking to continue a third wave to the ATR target @ 1.9100 area and then the S5 @ @...

The EUR/USD pair is holding steady around 1.0805 on Thursday, following a surge in volatility the previous evening. The Federal Reserve concluded its meeting with a neutral stance, maintaining the...

The EUR/USD pair declined to 1.0740 on Wednesday, nearing the month’s low. This downward movement is primarily driven by the political instability in France following the significant developments in...

From its high point on Friday to its lowest so far this week, the EUR/USD has fallen about 170 pips, or 1.57% in the pace of two and a half sessions. Friday’s drop was triggered by a stronger US jobs...

Unexpected weakness in the UK labour market could signal an important turnaround in the economy and raise the urgency of monetary easing. The short-term impact on the Pound has been relatively...

Here are the 3 Reasons why European Election Results were So BAD for EURO and the European markets

The EUR was hit hard over the weekend, not only against the US Dollar but against other currencies as well. One of them in particular is the EURGBP which broke lower below key support that has been a...

The Canadian dollar had a rough week and declined 1% against the US dollar. On Friday, a combination of lukewarm job data out of Canada and a hot US nonfarm payrolls report sent USD/CAD up 0.70%. The...

Bullish:  Currently we are at 2.0819 in a range.  We are looking to continue to the ATR target @ 2.0880 area and then the range top @ @ 2.0900 area.  This requires that the USDX continue up so Watch...

Dollar surges after strong jobs data, defying earlier weakness. Key inflation data and Fed decision this week could determine dollar's direction. Euro has weakened against the resurgent dollar and...

EUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early...