Forex Trading

Sterling fell in European trade away from eight-week highs against dollar and on track for the first loss in three days on active profit-taking.  The pound continues to be the…

Enrico Tanuwidjaja, Economist at UOB Group, reviews the latest Bank of Thailand (BoT) monetary policy meeting. Key Takeaways “Bank of Thailand (BOT) voted unanimously to raise the policy rate by…

In the view of Antje Praefcke, FX Analyst at Commerzbank, the Riksbank must continue its fight against inflation with determination. If not, Krona could come under significant pressure. Riksbank will…

The USD/CHF pair attracts some buyers near the 0.9135 region on Tuesday and spikes to a fresh daily high during the early part of the European session. The pair is currently placed…

We witnessed renewed nervousness above all in Europe – the Euro came under pressure. Nervousness is damaging for the EUR, Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank,…

The business activity in the US private sector expanded at a strengthening pace in March with the S&P Global’s Composite PMI rising to 53.3 from 50.1 in February. S&P Global Manufacturing…

The AUD/USD pair attracts fresh sellers on Friday and extends the previous day’s rejection slide from over a two-week peak, around the 0.6755-0.6760 region, which coincides with a technically significant…

The Swiss franc regains traction and drags EUR/CHF to the 0.9930 region in the wake of the SNB interest rate decision on Thursday. EUR/CHF: Gains look limited near 1.0000 EUR/CHF comes under pressure and…

NOK’s relentless underperformance points to tomorrow’s Norges Bank rate decision as a make-or-break moment for the currency. Economists at Credit Suisse expect the EUR/NOK pair to test 11.70 if the…

Precious metals are continuing the retracement initiated on Monday as the financial markets try to settle down from the huge stress seen over the last few days. Gold price (XAU/USD)…