forex currency trading

Today’s London session is very light on data. We may see further weakness in commodity currencies if oil moves lower, however much of the move has already occurred. As always on Monday to give a good start for the week I prepared a currency update. Currency Update USD: CPI for March slightly...

CAD is a neutral currency at present as BOC remain satisfied with economic developments and has signaled no bias for further easing. Core inflation close to target and the oil price has started moving higher during late February and March which bodes well for the resource exporting nation...

There is no trade call for the session. As always on Mondays I prepared the currency update so you can familiarize with the situation in the markets. Currency Update USD: Employment figures for March were solid with 215,000 jobs added, a rise of 0.3% in Average Hourly Earnings, and an increase...

Our bias for the Australian dollar is currently weakly bullish in the context of RBA being on hold and CPI, employment and GDP all showing either benign or positive signs for the Australian economy. Short-term sentiment will however be guided by direction in key commodity prices, and to lesser...

There is no trade call for the session. The London session is relatively quiet, however we will see Employment figures from Spain and Construction PMI from the UK. Currency Update USD: Employment figures for March were solid with 215,000 jobs added, a rise of 0.3% in Average Hourly Earnings...

There is no trade call for the session. Today’s London session is very light on economic data. As always I suggest you start the week by reading my currency update to familiarize with the latest changes in the market. Currency Update USD: Core PCE remained at 1.7% y/y for February. Final GDP...

Our bias for the Australian dollar is currently weakly bullish in the context of RBA being on hold and CPI, employment and GDP all showing either benign or positive signs for the Australian economy. Further, the low AUD exchange rate is helping the economy survive the low price of commodities...

After months of yen appreciation, the BOJ’s new policy measures initially saw weakness on the yen, however this quickly turned as a result of risk aversion with the USDJPY falling over 1000 pips since the January 29 high. Risk sentiment has been improving over recent sessions and as such USDJPY...

The Canadian dollar remains relatively neutral fundamentally after the BOC’s recent communications, however there continues to be a bearish tilt on the currency until we see further improvement in data, and stability in the crude oil market. Further declines in crude will continue to pressure...