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.

EURGBP

EURGBP: Why is the EUR to GBP reversing course today?

The EUR to GBP (EURGBP) pair rose by more than 0.25% today as traders reacted to a weak car sales numbers from the UK and the weaker-than-expected German factory orders. The pair is trading at 0.9040, which is the highest it has been in three days. UK auto sales dropped […]

Dow Jones

5 Things to Watch in the Economic Calendar Next Week

Global stocks rose this week as investors remained optimistic about recovery of the world economy. As shown below, the DAX index was the best-performing major indices followed by Nasdaq and the S&P 500. Stocks received a boost by the upbeat services and manufacturing PMI numbers from the United States, Europe, […]

USDNOK

USDNOK Breaks Below 200-Day SMA After Better Unemployment Data from Norway

USDNOK is under selling pressure for one more day and breaks below the critical 200-day moving average, which might accelerate the pressures. Today better unemployment data from Norway boosted NOK. The Norway Unemployment non seasonally adjusted came in at 4.8%

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EURUSD

EURUSD Unfazed As European Services PMI Beat Expectations

EURUSD continues the consolidation phase between 1.12 and 1.1270 as the attempt for a break out above the 1.13 mark met stiff resistance. Risk-on sentiment supports the common currency, while the coronavirus risk is USD positive. The economic data from both sides of the Atlantic beat forecasts. Earlier today better […]