Prices of the barrel of WTI bounce off session lows, back near $65.00. Rising US oil production, probable OPEC+ output increase weigh on oil. FOMC meeting, API, EIA reports next on tap. Prices of the
   •  Has been oscillating between two converging trend-lines over the past three-weeks, forming a symmetrical triangle on 4-hourly chart and points to a consolidation phase before the next leg of a d
Krishen Rangasamy, Research Analyst at NAB, explains that it’s been a rough year so far for currencies of emerging economies and two of the worst performers, the Turkish Lira and the Argentine peso ha
Analysts at Rabobank note that according to the IMM net speculators’ positioning as at June 05, 2018, speculators’ USD positions have been in positive territory for four consecutive weeks and are cont
In early European session, Euro bulls tried to break above last Friday’s high at 1.1810 but found resistance at the 1.1820 level this Monday.  EUR/USD recent advance of the last two weeks is currently
   •  CAD weighed down by worsening US-Canada relations/NAFTA concerns.    •  Weaker oil prices/a modest USD uptick provide an additional boost.  The USD/CAD pair reversed an early dip to 1.2955 and i
FX Strategists at UOB Group remain neutral on the pair in the near term, expecting it to navigate within the 108.70/110.30 range in the next weeks. Key Quotes 24-hour view: “We expected a lower USD la
In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, Cable could still visit the 1.35/1.36 band. Key Quotes “ GBP/USD continues to correct higher near term. The Elliott wave coun
   •  Risk-on mood prompts some fresh weakness at the start of a new week.     •  A goodish pickup in the US bond yields adds to the selling pressure.    •  Subdued USD demand does little, albeit help
 
     
 

Latest Spot Rate

 
Wait a minute, while we are rendering the calendar
How It Works | About | Contact | Privacy Policy | Forex Marketing
© 2009 - 2019 Forex Forum. All Rights Reserved. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.