forex weekly

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 10k contracts to take the total position to 1.6k contracts. This latest positioning adjustment marks a swift change in sentiment among EUR traders… Read More

The two-day annual Jackson Hole symposium was the main theme driving the markets this week with intermittent bits of economic data over the week. Monday was fairly quiet as lack of any economic data saw the markets trading in range. On a… Read More

The yen was back at the top of the currency board last week with risk aversion on account of market uncertainty and the BoJ's inaction. The yen was up 2.72% for the week, as USDJPY hovers near the 104 level. Earlier in the week, the dollar… Read More

The Kiwi and the Canadian dollar emerged at the top last week gaining 1.41% and 1.24% respectively. The gains came as the RBNZ left interest rates unchanged at its meeting last week, sending the NZDUSD to post new yearly highs. The Canadian… Read More

Weekly Forex Forecast for 13-17 April 2015 features China GDP and Australia jobs report, Data heavy week for the US, BoC could put rates on hold and more Read More

Forex weekly summary March 30 - Apr 3: UK elections weighs on the Pound, Yen posts another week of gains, Greenback slows down its bullish momentum... Read More