Currency Analysis & Opinion

UK BOE Interest Rate Decision has become more interesting due to the simultaneous release of vote count and policy summary. I would not expect any sharp surprises, but in the event there are, we will...

First, a review of last week's forecast: Most experts and graphical analysis insisted that EUR/USD would be moving in a 1.1000-1.1100 sideways corridor. Even the US Federal Reserve's decision on...

By far the biggest FX development of the past two weeks was ECB President Draghi’s unexpectedly dovish press conference, which hinted heavily at a likely expansion of the central bank’s...

In today’s Forex Forecast, we offer the technical outlook for EUR/USD, AUD/USD, USD/ZAR and Bitcoin, with Eddie Tofpik, Head of FX at ADM Investor Services. EUR/USD: Further downside Tofpik...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The Federal Reserve is still actively thinking about raising interest rates in December according to the latest FOMC statement....

The Market Sniper, Francis Hunt, joined Zak Mir and Mike Ingram on the Tip TV Finance Show to discuss the Dollar Index, as well as the AUDUSD and NZDUSD. Key Points: Dollar Index you should suspect...

Pound turned down with the EUR/USD at the end of the week, while US dollar index has been trading higher. So if strong USD will remain in the cards as we expect, then pound will fall as well. In fact,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In the 24 hours before the October Federal Reserve meeting we saw the dollar consolidate against the euro and fall against the...

GBP/JPYCurrently we are at 184.58. We are looking to bounce and start a 5th wave to the resistance area at 187.20 with an overall target at 188.00. The average daily true range (ATR) for the pair...

GBP/USD is showing limited movement on Tuesday, as the pair trades at the 1.5340 in the European session. Taking a look at economic releases, British Preliminary GDP posted a gain of 0.5%, compared to...

Today the data on the third quarter GDP and on the Index of Services for August are due in the UK. The latest data on labour productivity and retail sales from the UK suggests that the GDP figure for...

Market Drivers for October 27, 2015 UK GDP misses at 0.5% vs. 0.6% USD/JPY below 120.50 as risk aversion hits Nikkei -0.90%, Europe -0.39% Oil $43/bbl Gold $1166/oz Europe and AsiaNZD: Trade Balance...

GBP/USD – holding at key supportGBP posted a limited intraday advance and retreated at the end of the day from a daily high of 1.5381. Data from UK was disappointing, as manufacturing production...

HourlyAfter a fall to 1.5305, the pound/dollar rebounded to the LB. My yesterday’s expectations rang true. At 12:30 EET, preliminary UK GDP data for Q3 will come out. It’s expected to be...