Currency Forecast

Originally published by PepperstoneThe US dollar has found its mojo and rallied for eight straight days – its longest run of gains since 2016. The catalyst for this premised on the idea we're...

Originally published by Blueberry MarketsRecently the RBA has announced a hold on interest rates whilst they monitor the risk of the current housing crisis. Housing prices have continued to fall with...

Originally published by AxiTraderLast week market wrapRBA’s dovish comments on a more “neutral” policy stance from its previous hawkish position triggered a sell-off in the...

Originally published by AxiTraderThe two major economies of the Eurozone registered weak macroeconomic data for the week. The Bank of England (BoE) trimmed its GDP outlook from 1.7% to 1.2% in 2019,...

The below is the daily chart of the AUDUSD. We note that the orange 13-day EMA is looking to cross below the black 34-day EMA (blue ellipse). This will put the Aussie’s EMAs into a bearish...

The board of Australia's central bank, the RBA, shocked the market yesterday after suggesting they may be getting ready for a rate cut. Such a policy would signal a significant shift from its...

Originally published by AxiTraderLast week's market wrap The AUD/USD managed to shrug off losses in the first 2 days of trading and continues it’s ascend after it upbeat CPI data helped lift...

Originally published by AxiTraderThere are a variety of participants in the foreign exchange market - from small retail traders trading micro lots to the large hedge funds and corporations who can...

Originally published by guppytraders.comTuesday January 1 the Australian dollar crashed to 0.6745 before closing at 0.6915. Thursday January 3 the Australian dollar crashed again to 0.67.41 before...

Data released overnight shows that U.S. President Donald Trump’s tariffs have taken a significant bite out of both China's imports, which dropped 7.6% in December, and exports, which fell 4.4%,...

Originally published by AxiTraderLondon/NY Wrap:* US Initial Jobless Claims: 216k vs 225k expected* Dovish comments from FOMC member Bullard initially weighed on the US dollar* Bullard is concerned...

Originally published by AxiTraderLondon/NY Wrap:* Lack of relevant data releases led to a choppy trading session, with equity markets giving up some of the gains from Tuesday morning* Traders remain...

Originally published by AxiTraderThe latest CFTC positioning report shows only minor changes in speculative FX positioning. The largest change was seen in yen positioning, where speculators reduced...

Originally published by AxiTraderYou no doubt already know the Forex markets provide you with 24-hour access to trading opportunities at a level of liquidity unrivaled in other markets. Today...