Currency Analysis & Opinion

Wen are waiting on pullback on GBP/USD before we may consider shorts. We hope on a three wave retracement back to 1.5150-1.5200 area where it can be a nice area to join the downtrend. Let's wait and...

Mixed performances from the majors yesterday in a day where we had a number of important events across the board that attracted traders’ attention throughout the day. From the IFO Survey early...

Volatility remains subdued during this quiet trading week and yesterday was an example of how disengaged investors are at this moment in time. Better than expected US GDP and Case-Shiller House...

US traders are eagerly counting down the hours until the much-awaited Thanksgiving holiday, but our readers should is still a busy economic calendar between now and Wednesday afternoon, as well as a...

For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5085, following dovish comments from two top officials of the BoE. The BoE Governor, Mark Carney, indicated that the...

Perhaps it should be expected but heck, this slow market is slowing down more. To be honest, unless some throat wrenching catalyst occurs, tomorrow’s Thanksgiving looks like seeing some painful...

In an otherwise quiet day in the foreign exchange market, GBP/USD has seen a relatively big drop amidst dovish comments from BOE policymakers and decent US data.During this morning’s European...

The euro was initially supported by better than expected eurozone PMI reports but the moderate upward trend did not discourage dollar bulls from pushing the common currency for another test of 1.06....

HourlyAfter a fall to 1.5124, the pound/dollar renewed to 1.5189. From here, the rate again weakened to 1.5108. News from the closed Fed meeting about discount rates still hasn’t come...

HourlyAfter a fall to 1.5124, the pound/dollar renewed to 1.5189. From here, the rate again weakened to 1.5108. News from the closed Fed meeting about discount rates still hasn’t come...

For the 24 hours to 23:00 GMT, the GBP fell 0.42% against the USD and closed at 1.5122. In the Asian session, at GMT0400, the pair is trading at 1.5137, with the GBP trading 0.1% higher from...

Price action during the past 24 hours has been relatively quiet and without any surprises as the Dollar is once again in the driver’s seat versus the rest of the majors. In our previous report...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Monday’s softer-than-expected U.S. economic reports did not stop investors from buying U.S. dollars. The greenback traded...

Steven Woodcock, Senior FX Analyst for Plutus FX, joined Zak Mir on the Tip TV Finance Show to discuss some major forex pairs including EUR/USD, GBP/USD, USD/JPY and USD/CAD.EUR/USD a range trade,...