AUDUSD Forex Technical Analysis - The AUD/USD posted a potentially bearish closing price reversal top on Thursday after briefly testing a major retracement. Friday’s subsequent...
Important Forex news - In the space of a week we’ve moved from a strong momentum for a June interest rate increase from the FOMC to Yellen hitting the final nail into the...
NFP Report - The European Central Bank (ECB) as expected did not change its interest rate or made any modifications to its quantitative easing program. ECB president Mario Draghi...
US Nonfarm Payrolls - It's NFP day today - the market will naturally focus on today's nonfarm payroll figure. After yesterday's astonishing spot-on ADP report - the first time I...
Weekly Forex Update - Last week, the minutes of the Federal Open Market Committee’s (FOMC) recent monetary policy meeting indicated that most of the policymakers were ready to...
GDP data - The dollar finds itself firmer during the Asia session, with gains most pronounced against the Aussie and Kiwi, those currencies still with positive interest rates and...
FOMC - We highlighted on Friday the dilemma that currently faces equities and also US equities in particular. This was highlighted by the retail sales data on Friday, whereby...
U.S. dollar - The U.S. dollar rose to almost one-month highs against other major currencies after stronger than expected economic reports on Friday, easing concerns over the...
GBPUSD consolidates near support at 1.4425 - The British pound remains range bound with prices going nowhere for the 4th consecutive day. Meanwhile, EURUSD slipped back into the...
Latest Forex Analysis - Economic data from the US yesterday was broadly positive helping to strengthen the US dollar, but the markets pulled back towards the end of the day. Ahead...