Read our latest Forex news and analysis articles written by our experienced traders and FX strategists. We cover all major FX pairs such as EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, and USDCAD, but also minor FX pair such as GBPJPY, and AUDNZD. We also provide updates on exotic pairs such as USDZAR, USDTRY, and USDMXN. Expect us to cover hot and fast-moving markets, but also providing analysis on pairs ahead of significant economic or political events.

We aim to provide instant and relevant Forex analysis and news using the latest macroeconomic news and appropriate technical analysis to support Forex traders in making better-informed decisions.

CFTC Positioning Report: USD Longs, CHF Shorts Drop Off

The latest CFTC Commitment of Traders Report shows that the net long positions on the USD fell moderately last week; the first weekly fall since mid-June. The highlights of the report for the week ended on August 13 are presented below.   Safe haven demand that has pervaded the markets [...]
USDCAD On Defense as Crude Oil Inches Higher

USDCAD On Defense as Crude Oil Inches Higher

USDCAD trades 0.02% higher at 1.3264 as the pair continues trapped between the 50 and 100 day moving averages. The momentum is positive for the pair, having the daily high at 1.3263 and the daily low at 1.3250. Crude oil, Canada’s main export product is 1.66% at $55.72 per barrel. [...]

Risk-On Sentiment Boosted by 90-Day Delay in Huawei Ban

A Reuters report monitored a short while go confirms that US Commerce Secretary Wilbur Ross has announced that the United States will be delaying by 90 days, the ban on Huawei’s purchases from US companies. Consequently, an additional 46 subsidiary entities of Huawei will be included in the entity list. [...]
EURGBP Breaks Above the 50 Hour MA

EURGBP Breaks Above the 50 Hour MA

EURGBP rebounds today after five consecutive sessions of losses at 0.9153 after a sequence of dismal economic data from European Union the previous week. European Monetary Union Consumer Price Index (YoY) came in at 1% missing expectations of 1.1% in July. . On the technical analysis side the bulls are [...]
EURUSD Bulls Regaining the 1.11 Mark

EURUSD Bulls Regaining the 1.11 Mark

EURUSD turns higher today after four consecutive days with losses, breaking above the 1.11 mark that opens the way for a visit to 100 hour moving average at 1.1136, after Eurozone June current account balance came in at €18.4 billion vs the previous reading of €29.7 billion. Bears are still [...]
GBPUSD Retreats From Daily High, Stops at 50 Hour MA

GBPUSD Retreats From Daily High, Stops at 50 Hour MA

GBPUSD turned sharply lower at 1.2131 after the pair rejected at 1.2172 the daily high. The pair last week got a boost from the UK Retail Sales which rose 0.2% m/m in July beating forecasts, suggesting that the British economy is in better shape than investors feared. GBPUSD stopped at [...]
AUDUSD Consolidates Below 0.68

AUDUSD Consolidates Below 0.68

AUDUSD trades 0.13% higher at 0.6783. Investors closely watch the RBA and a speech by Governor Lowe later this week, as it kept its official cash rate on hold at 1.00%, as widely expected earlier this month. In the daily chart the pair today is testing the support at 50 [...]