Forex

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.

GBPUSD Dives Back to April 2017

GBPUSD Dives Back to April 2017

GBPUSD failed earlier today to capitalize on better wages report and that gave the sellers the opportunity to send the pair to an area that we haven’t seen since April 2017. The UK May average weekly earnings came in at +3.4% vs +3.1% 3m/y expected. UK Average Earnings Excluding Bonus [...]
EURUSD at Daily Low After Data

EURUSD at Daily Low After Data

European Monetary Union Trade Balance n.s.a. came in at €23B, beating expectations of €16.3B in May. European Monetary Union Trade Balance s.a. registered at €20.2B also beating expectations (€17.9B) in May. The Italy Consumer Price Index (EU Norm) month over month matched forecasts of 0.1% in June. Italy Consumer Price [...]
UK May average weekly earnings +3.4% vs +3.1%

UK May average weekly earnings +3.4% vs +3.1%

UK May average weekly earnings +3.4% vs +3.1% 3m/y expected UK Average Earnings Excluding Bonus came in at 3.6% (3Mo/Yr) better than expectations of 3.5%) in May. United Kingdom Claimant Count Change came in at 38K beating forecasts of 22.8K in June. United Kingdom Claimant Count Rate rose from previous [...]
Italy Global Trade Balance Beats Expectations

Italy Global Trade Balance Beats Expectations

Italy Global Trade Balance came in at €5.347B, beating economist’s expectations of €2.91 for May. The Italy Trade Balance with European Union jumped from previous €1.005B to €2.248B in May. EURUSD is trading lower today at 1.1239 as in the European session is under selling pressure and breached the 100 [...]
IMF cuts Singapore's growth forecast to 2%

IMF cuts Singapore’s growth forecast to 2%

The International Monetary Fund, cut its 2019 economic growth forecast for Singapore to 2% from 2.3% as global trade war escalates. IMF expects Singapore’s economic growth to stabilize around 2.5% over the medium term. USDSGD trades 0.06 percent higher at 1.3569 region, as the Singapore dollar remains little affected by [...]
CPI Sends NZDUSD to 3-Month High

CPI Sends NZDUSD to 3-Month High

The New Zealand Consumer Price Index (quarter over quarter) matched forecasts of 0.6% in second quarter 2019 the previous reading was 0.1%. The Consumer Price Index (year over year) also came in line with forecasts of 1.7% in second quarter 2019, from 1.5%. On technical side the pair is trading [...]
U.S. Retail Sales on Forex Focus Today

U.S. Retail Sales on Forex Focus Today

Sterling traders are waiting the UK May average weekly earnings, the UK May ILO unemployment rate and the UK June jobless claims change all to be released at 8:30GMT. EURUSD traders await the Eurozone May trade balance data due at 9:00GMT and also the Germany July ZEW survey current situation. [...]