24 March 2017 USD/JPY Has Finished Correction say Commerzbank

The USD/JPY had been in a strong uptrend in the latter part of 2016 but it has been steadily falling ever since it made a top at 118.17 in December.

Read more … →
24 March 2017 US Dollar Eyes Make-or-Break Vote in Congress this Evening

The US dollar has found some momentary support over recent hours on hopes that the House of Representatives passes the healthcare repeal bill later today.

Read more … →
22 March 2017 Techs Suggest Pound to Struggle at 1.2510 Against US Dollar but Successful Break Opens the Road Higher

GBP/USD is probably forming a triangle pattern which began after the rebound from the October 2016 post-Brexit lows.

Read more … →
22 March 2017 D-Day is Here: US Dollar and Stocks Face Significant Downside Risks if Repeal of Affordable Care Act Fails

Equities and commodities are in retreat in Asia and Europe today following on from falls in Europe and the US yesterday.

Read more … →
21 March 2017 The US Dollar is Forecast to Rise Again

The Dollar surprised many investors last Wednesday when it fell back after the Federal Reserve met to raise interest rates but disappointed Dollar bulls by suggesting markets should only expect twoโ€ฆ

Read more … →
20 March 2017 Pound Forecast to Rise Back up to 1.27 Dollars

GBP/USD had been in a falling trend under the weight of a strengthening Dollar and the weakening Pound due to Brexit fears.

Read more … →
19 March 2017 Pound to US Dollar 5-Day Forecast: Strength to be Tested at 50-day Moving Average

GBP/USD mas moved strongly higher on a combination of a more optimistic-than-expected assessment of the economy by the Bank of England (BOE) and a less optimistic assessment by the Federal Reserve โ€ฆ

Read more … →