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

GBPUSD Regains Positive Momentum Above 50-Day SMA

GBPUSD continues today the rebound from the monthly lows as the risk appetite returns to markets. On the data front, the United States Manufacturing PMI came in at 49.8, topping the expectations of 49.6 in June. Earlier today the Private payrolls rose by 2.369 million in June, below the forecasts […]

EUR/USD

4 Reasons Why EURUSD Has Just Ignored the Upbeat EU PMI data

The EURUSD pair is little changed today as traders reflect on the upbeat manufacturing PMIs from Europe and the better-than-expected unemployment numbers from Japan. The pair is trading at 1.1242m which is higher than the intraday low of 1.1217.

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USDMXN

Fresh Monthly Highs for USDMXN After Better U.S. Consumer Confidence

USDMXN trades higher for the third consecutive session making fresh monthly highs as greenback gets a hand from better than expected economic data. The Conference Board’s (CB) Consumer Confidence Index jumped to 98.1 in June from 85.9 in May, beating the market forecasts of 91.8. However, the Chicago PMI rises […]

USDRUB Trades Higher As New US-Russia Tensions Develop

The USDRUB is trading higher today after the Chairman of the US House Committee on Intelligence called for US to place sanctions on Russia following reports that Russia paid bounties to the Taliban for killing US troops in Afghanistan. Adam Schiff, a Democrat who currently serves as the House Intelligence […]

GBPUSD Boris Johnson ftse

GBPUSD At Monthly Lows As UK GDP Contracts By 2.2%

GBPUSD hits the lowest monthly level as the correction from June 10 highs continue, amid weak economic data from the UK. Brexit uncertainty and a rising number of new coronavirus infections

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