Currency Analysis & Opinion

GBP/USD Intraday: continuation of the reboundPivot: 1.3360 Our preference: long positions above 1.3360 with targets at 1.3420 & 1.3445 in extension. Alternative scenario: below 1.3360 look for...

Market OverviewAs we move ever closer to the quietened trading of the Christmas holidays we are seeing forex markets become increasingly rangebound. However, with the prospect of tax reform...

EUR/USD Consolidating above 1.1700 EUR/USD's short-term bearish momentum has abruptly ended. Hourly resistance is given at 1.1961 (27/11/2017 high). Hourly support given at 1.1718 (12/12/2017 low)....

What’s next on pound?I’m going to use only technical analysis to analysis few pairs related with Great Britain pound. GBP/AUD On the weekly time frame chart, it is possible to see that...

Over the past week, the argument that the tax reform aimed at corporates specifically could prompt a period of USD repatriation - much like an amnesty - has been growing in sentiment, and whether one...

First, a review of last week’s forecastThe Christmas holidays simply cannot help affecting financial market participants. They are the reason most analysts expected EUR/USD to move in the rather...

The formal shift from phase 1 to phase 2 of negotiations between the UK and EU only intensified the pound’s Brexit migraine this Friday. What we just went through was meant to be the easy part....

This week’s clear winner in the FX markets has been the New Zealand dollar. It jumped after NZ Superannuation Fund Chief Adrian Orr was named as next governor of the Reserve Bank of New Zealand....

Market OverviewMarkets have entered into a very tentative mode of trading since the FOMC meeting on Wednesday. Concerns over subdued inflation continue to hamper any trending move for the dollar,...

Although we had three central bank meetings in Europe today, the biggest move in the FX markets was triggered by a speech from the Bank of Canada’s Governor this afternoon which sent the...

Earlier today, I took part in a number of Core Finance TV broadcasts covering bitcoin, FX majors and minors.You can watch the broadcasts on the links below: Special piece on Bitcoin USDJPY, AUDUSD...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Despite strong U.S. retail sales, there was very little consistency in the performance of Thursday's U.S. dollar. The greenback...

Gold Initiated Upward Correction With Potential of a Trend Reversal, Eyes on U.S. DataAfter last week's major break for the sideways congestion, gold plunged to five months fresh-lows at 1236.55 on...

The pound has managed to put ongoing Brexit and political uncertainties behind it as it finally responded to domestic economic news. On Tuesday we found out that the UK CPI inflation unexpectedly...