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.

GBP/USD Soars to 1-Week Highs On Disappointing NFP Data

The GBP/USD has rallied to 1-week highs after a disappointing Non-farm Payrolls (NFP) report.  According to data released by the US Department of Labor, 266K jobs were added to the US economy in April, a far cry from the market projection of 990K and less than last month’s downward revision […]


USD/CAD Outlook Ahead of US and Canada Jobs Data

USD/CAD has eased after dropping from C$1.2288 to C$1.2142 in the previous session. The rising risk appetite, coupled with lower-than-expected ADP job numbers on Wednesday, has weakened the US dollar. The dollar index, which tracks the value of the greenback against a basket of currencies, is at 90.91. It has […]


EUR/USD Extends Gains Ahead of the US NFP data

EUR/USD is trading higher ahead of the US nonfarm payrolls (NFP) data. The US dollar has been on a decline amid an improving risk appetite. Since Wednesday, the greenback has dropped from 91.43 to the current 90.86. The decline was also triggered by the lower-than-expected US ADP employment report. According […]


GBP/USD Struggling to Sustain Gains As BoE Fails to Taper QE

The GBP/USD recovered some ground following the monetary policy decision of the Bank of England. However, the pair struggles to retain gains made after the bank failed to taper its QE program. The BoE left the interest rate unchanged at 0.1% in a unanimous verdict. The Asset Purchase Facility was […]


USD/ZAR: South African Rand Makes an Impressive Comeback

The USD/ZAR price nosedived on Thursday morning as traders started to price in an interest rate hike by the South African Reserve Bank (SARB). The South African rand rose to 14.31, bringing the total gains this month to more than 1.6%. What happened: Recent economic data from South Africa have […]


USD/TRY: Implications of the CRBT Rate Decision

USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected CPI data. According to the institute, the CPI rose by 17.14% YoY compared to the forecasted 17.30%. The figure was also lower than the previous 16.19%. At the same time, […]


AUDUSD Dips, Then Rips As China Relations Sour

The AUDUSD pair spiked sharply lower overnight as China announced plans to “Indefinitely” suspend economic dialogue with Australia. The news sent the AUDUSD rate plunging in the Asian session to a low of $0.771. Only the support of both the 50-Day and 100-Day Moving Averages ($0.7706 and $0.7704 respectively) stemmed […]

FTSE 100

EUR/GBP – Key Levels Ahead of the BOE Decision

The EUR/GBP is at an inflection point ahead of the Bank of England (BOE)’s decision later in the trading day. The market participants expect the BOE to announce the tapering of its quantitative easing program, and so the event should generate a bullish reaction for the British pound. However, it […]


GBP/USD: Preview of the BoE Interest Rate Decision

GBP/USD has eased ahead of Thursday’s BoE interest rate decision. The bank started its meeting on Wednesday and is scheduled to present its decision in the afternoon. On the one hand, analysts expect the central bank to leave interest rates unchanged at the current 0.1%. The move will be similar […]


USD/CAD Approaches 3-Year Lows As Loonie Gains Momentum

A combination of soft U.S. data and higher crude oil prices have pushed the USD/CAD to 3-year lows this Wednesday. The greenback dropped off its 2-week highs after the 742,000 ADP employment change fell short of the market expectation of 800,000 jobs. Furthermore, business activity in the U.S. services industry […]