Forex News and ECB meeting - The single currency could come under pressure as the ECB meeting is scheduled for later today. No policy changes are expected from the central bank...
PMI and FOMC News and Analysis - The markets were cautious yesterday with the central bank speeches and the US presidential debate. USDJPY slipped below the 101.00 handle was...
Daily Fx Analysis - The US dollar was seen making attempts to recover some of its losses like yesterday’s new home sales data posted a solid month of growth. However, a strong...
Forex Analysis - The US dollar index was seen trading stronger earlier this morning in the Asian session boosted by hawkish comments from Fed members last week and...
Forex Daily Analysis - EURUSD remained to trade in a range with prices seen re-testing 1.120 handle earlier today. Today's US consumer inflation report and US building permits...
Forex Daily Analysis - The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect...
Forex Daily Analysis - The US dollar fell sharply on Friday after the Q2 GDP data showed that the US economy grew only 1.20%, much less than the forecast of 2.60%....
USDJPY trims gains. Support seen at 104 - 103 - A fairly quiet Monday saw USDJPY retreating from its recent highs ahead of the big events this week. USDJPY has retraced its gains...
Daily Fx Analysis - The euro slid back to 1.10 support but failure to close below the support is likely to see a near term correction to the upside. GBPUSD has formed a minor...
EURUSD eyes 1.07 on a breakout below 1.10 - Risk aversion resumed after the US returned from holiday with investor sentiment turning sour after a third real estate fund suspended...