Forex Opinion & Analysis

What Is Driving Turkish Lira’s Trend?

What Is Driving Turkish Lira’s Trend?

Exotic currency pairs are thinly traded instruments and, therefore, more volatile when compared to other currency pairs. One of the…
Week Ahead: Energy Politics And A Barrage Of Data Releases

Week Ahead: Energy Politics And A Barrage Of Data Releases

There are no central bank meetings next week but there is an avalanche of economic data from America, Europe, and…
EUR/USD: Tight Trading Range, Neutral Market

EUR/USD: Tight Trading Range, Neutral Market

EUR/USD Daily Chart The EUR/USD has been in a tight trading range for the past several bars and is in…
Euro Drifting As German Confidence Dips

Euro Drifting As German Confidence Dips

It has been a relatively quiet week in the currency markets, and the limited activity has continued today, with the…
Sterling Rises Despite Weak UK Data

Sterling Rises Despite Weak UK Data

UK retail sales decline again The pound has edged higher today, shrugging off soft UK releases. Retail sales for May…
Japanese Yen’s Rally Takes Pause

Japanese Yen’s Rally Takes Pause

The Japanese yen is almost unchanged on Friday, trading at the 135.00 line. Lower US yields boost yen The Japanese…
Euro Rebounds After Poor Eurozone PMI Data

Euro Rebounds After Poor Eurozone PMI Data

The EUR/USD pair declined and later on rebounded to the levels it opened yesterday morning. Such developments came as no…
Pound Drifting Ahead Of UK Retail Sales

Pound Drifting Ahead Of UK Retail Sales

It continues to be a quiet week for the British pound. That could change on Friday, with the markets bracing…
Japanese Yen Eyes Inflation Report

Japanese Yen Eyes Inflation Report

The Japanese yen is in positive territory today, extending its gains from yesterday. USD/JPY is trading at 135.46 in the…
Euro Wobbles On Poor PMI Data

Euro Wobbles On Poor PMI Data

The euro sees the largest decline within a single hour this month after the eurozone released its latest PMI (Purchasing…
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