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 At Daily Highs After Upbeat Manufacturing PMI

GBPUSD trades close to daily highs supported by stronger UK PMI  data. Manufacturing production rose in February at 51.9 beating the expectations of 49.7.  The manufacturing PMI is now the highest it has been in almost a year. But firms are reporting that stocks of inputs are taking longer to [...]
EURUSD

EURSEK Up After Eurozone PMI Surprise, Swedish Downbeat Data

The EURSEK pair surged today and hit a 2-week peak after Sweden released softer-than-expected capacity utilization data, and the Eurozone posted very upbeat PMI data.  Capacity utilization in Sweden dropped by 2.1% in Q4 2019 after it had posted a 0.5% gain in the 3rd quarter. The downbeat nature of [...]
Germany Manufacturing PMI

EURUSD Takes a Breath After Better German Manufacturing PMI

EURUSD add over 20 pips after stronger than expected German Manufacturing PMI.  For February the Manufacturing PMI came in at 47.8, topping the expectations  of 44.8. The PMI signals modest growth of the German economy despite the recent slump in exports. The manufacturing sector in Germany moved closer to stabilisation, [...]
AUDUSD

Market Brief: Asian Stocks Lower on Coronavirus Fears

Asian indices ended lower amid growing fears about the economic impact of the coronavirus outbreak. South Korea reported 52 new coronavirus cases. China has confirmed over 75,000 cases, with the death toll rising to 2,236. The central bank of China in a move to offset the coronavirus impact, cut the [...]
USDJPY Japanese Yen

USDJPY at Fresh Ten-Month Highs On Japan Economy Worries

USDJPY breaks up to ten-month highs as the rally that started yesterday accelerated today with a break above the 112.00 making fresh 10-month highs at 112.18. Fears that Japan will be hard hit by the coronavirus as the confirmed cases increasing in the country. In my opinion the big hit [...]
Fear and Greed

Dow Futures Lower As New China Coronavirus Data Spark Doubts

Dow Jones futures are down modestly in Thursday trading, along with the other US market futures. The drop followed a pullback in stocks such as Tesla, which posted significant gains in Wednesday trading. Shares of chipmaker American Micro Devices is also trading lower.  The US markets are also taking in [...]
eurusd

EURUSD Still Vulnerable Below 1.08

EURUSD made an attempt above the 1.08 mark in early trading but the sellers for one more time managed to push the pair below close to three-year lows. The pair is under selling pressure the last three weeks after a series of weak economic data from Germany and the European [...]
GBPUSD

UK Retail Sales Beat Forecasts GBPUSD Pair Losses

GBPUSD jumped over 25 pips after the release of better retail sales from th UK. The United Kingdom Retail Sales came in at 0.9% beating forecasts of 0.7% in January. The yearly reading for the retail sales came in at 0.8% also topping the forecasts of 0.7%, the higher reading [...]