Currency Analysis & Comment

AUD/NZD trades with a cautious tone on the last trading day of the week in the Asian session. The cross opened higher from the earlier day close, but

GBP/JPY sellers await fresh impulse while taking rounds to 154.30-35 during the initial Asian session on Friday. The cross-currency pair reversed from

As per the prior analysis, GBP/USD bears piling in at critical daily resistance, the bears remain in control and target a downside daily extension. Pr

Below the weekly 10 and 21 EMAs, EUR/USD is trading in a bearish weekly territory as it restest a dynamic counter-trendline resistance. The 10 is on t

The USD/MXN bottomed on Thursday at 20.00, the lowest level in a week, and then rebounded modestly. The 20.00 area remains under pressure. It is a cri

As widely expected the Bank of England maintained current monetary policy in a 9-0 vote with the interest rate left at 0.1%.

The direction of the EUR/USD on Thursday is likely to be determined by trader reaction to 1.1919 and 1.1909.

The dollar peaked yesterday near CNY6.4910, its best level since late April. We suspect Chinese officials are content with this month's yuan pullback. Today's fixing was nearly spot on expectations at...

The weekly upside in EUR/USD run out of steam in the 1.1970 area on Wednesday. If the recovery gathers extra steam, then there is room for spot to cha

EUR/JPY moves further north of the 132.00 mark on Thursday, advancing for the fourth session in a row. The recovery looks healthy and now flirts with

The direction of the USD/JPY on Thursday is likely to be determined by trader reaction to 110.964.

The direction of the NZD/USD on Thursday is likely to be determined by trader reaction to .7027.

USD/JPY is making another attempt to regain the 111.00 level, reversing a dip from daily lows of 110.77. At the time of writing, the spot trades 0.09%

Palladium (XPD/USD) picks up bids around $2,620, up 0.21% intraday, as European traders brace for Thursday’s bell. The precious metal consolidates the