Currency Analysis & Opinion

Gold And EUR/USD technical Overview Ahead of NFPGold inaugurated Friday trading session with almost $7 losses after peeking to 1323.43 high as a correction with expectations for more upward action in...

Market OverviewWith the US economic data again pointing to strength this week the lack of any sustainable recovery on the dollar will be perturbing the bulls. Hot on the tracks of an upside surprise...

Sterling lacking direction; absence of Brexit drivers provides supportIn a classic case of 'no news is good news', the pound drifted a little higher against both the dollar and euro yesterday. Traders...

The official US jobs data for December will be reported on Friday morning by the US Department of Labour, and consensus expectations are pointing to a likely continuation of the strong job creation...

Earlier today, I took part in a number of Core Finance TV broadcasts covering the following:Bitcoin: Technicals key to finding support levels Why the yen’s lagging and what’s driving the...

A (very slightly) better than forecast services PMI helped lift the pound and hamper the FTSE this Thursday. Arriving at 54.2 against the 54.1 expected and the 53.8 seen in November, the services...

Market OverviewThe market trends that had developed through the thin trading conditions of the holiday period seemed to be confirmed yesterday. The dollar remained under pressure, with equity markets...

The euro clearly had a stellar year against the struggling US dollar in 2017, as was displayed by the EUR/USD rise from a low around 1.0350 in the beginning of last year up to a multi-year high just...

The dollar’s decline ended up driving trading more than December’s manufacturing PMIs this Tuesday morning.While the UK manufacturing PMI failed to match the 58.2 seen in November and 58.0...

Market OverviewAs traders return to their desks after the holiday period they are met with a dollar that has come under renewed selling pressure. A bout of selling hit the greenback to end 2017 on a...

What can we expect this month?We have just entered the new year and making a brief summary of the year 2017, we have highlighted the US dollar. The US dollar suffered the great depreciation since 2003...

USD/BRL: Trend? My initial thoughts when looking at the Monthly Chart above was one of indecision and of how quiet 2017 had been for this pair considering it is an EM currency and also because it is...

USD/INR: Trend Down? In many ways, this Monthly Chart above is by far the most interesting I've had to look at till now. It has many, many of the characteristics of a market that is finishing its...

AUD/USD: Trend Up? The action this year has almost dispelled the idea that the market may go lower - more on that one idea later. Having broken up during this past year through the 2013 - 2016...