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GBP/CHF's chart is showing a bullish bias ahead of the SNB meeting. The formation of a reversal pattern on the weekly chart of GBP/CHF is indicating the pound could rise versus the Swiss France over coming weeks...
Bank of Canada staff concluded in a Monday research paper on the Predictive Ability of Commodity Prices for the Canadian Dollar, that USD multilateral fluctuations better predict CAD-USD movements than do commodity prices, although the latter are "important drivers" of the loonie...
Looking for advice on when to exchange your pounds for euros? Below we look at the outlook for the pound to euro exchange rate from the perspective of those looking to buy a property in the Eurozone...
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Brexit will see the GBP fall, but worryingly for sterling bulls, even an In vote won’t save pound to dollar exchange rate from the 1.20s. 65% chance UK votes to stay in the European Union Currency forecast to fall into 1...
Take profit placement and trade exits usually rank very low on a trader’s priorities list; typically way behind finding better entry signals or effectively setting stops...
The Federal Reserve's policy meeting this week will be closely watched, particularly after the stimulative measures taken by the European Central Bank last week. Here are some steps that U.S...
We remain bearish on EUR on a structural basis, looking for a move to parity against USD by the end of the year. Our bearishness rests primarily on three pillars. First, euro area banks remain heavily levered...
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Price consolidated from Monday to Wednesday, before breaking upward on Thursday after first spiking downwards...
Deutsche Bank expects no more easing at the BoJ meeting on 15 Mar. "The Bank likely needs to assess the effects on the NIRP...
Currency investors should consider selling GBP/AUD this week, advises Credit Suisse in its weekly FX pick to clients. "Rationale: We expect an austere UK budget to weigh on GBP this week, especially if it comes with a downgrade to the treasury's UK GDP growth forecasts...
CFTC IMM positioning data are only a snapshot of part of the currency market, but the net long yen speculative position last Tuesday, ahead of the ECB meeting, was the biggest since March 2008...
This week, the main focus will shift back stateside with the Federal Open Market Committee (March 16) meeting. Nevertheless, there are also rate decisions from Bank of Japan (March 14), Bank of England (March 17) and Swiss National Bank (March 17...
The single currency remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood following the NA open. EUR/USD weaker on USD-buying Despite the prevailing selling interest, the pair manages quite well to keep the 1...
Currency Snapshot (Major Pairs) Dollar index trading at 96.55 (+0.39%) Strength meter (today so far) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% Strength meter (since last week) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% EUR/USD –...
Risk sentiment was stable in Asian hours, irrespective of weaker than expected industrial production and retail sales data out of China. It appears that last week’s ECB monetary policy announcement finally made a case of rising appetite for risk assets...
• EUR/GBP has lost all of its ECB meeting's gains. It seems that there is no momentum taking place right now. The pair remains above hourly support at 0.7652 (10/03/2016 low). Next support lies at 0.7525 (22/01/2016 low). Hourly resistance can be located at 0.7848 (10/03/2016 high...
BNP Paribas expect the Bank of England to leave policy unchanged this week with a 9-0 vote, as softer data, fiscal tightening, a challenging global environment, and referendum uncertainty keep even the hawkish members of the Committee at bay...
