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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Gold Slides As North Korea Relents

Gold futures fell Tuesday as North Korea pulled back on its Guam threat, diminishing gold’s safe haven value. Kim Jong Un has decided not to launch a threatened missile attack on the U.S. territory, according to Pyongyang’s state media, but ...

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CAD at crossroads: where next?

The Canadian dollar is looking for a new direction after the big correction. What’s next? Here are two opinions: Here is their view, courtesy of eFXnews: CAD: What CAD’s 2 Biggest Driver Say About USD/CAD M/T Direction & Target? – ...

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Ireland Trade Surplus Shrinks In June

Ireland’s foreign trade surplus decreased in June, as exports fell faster than imports, figures from the Central Statistics Office showed Tuesday. The seasonally adjusted trade surplus shrank to EUR 3.65 billion in June from EUR 4.30 billion in May. In ...

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UK House Price Inflation Eases Further

British house price inflation eased for the second straight month in June, though slightly, figures from the Office for National Statistics showed Tuesday. The house price index climbed 4.9 percent year-over-year in June, just below the 5.0 percent rise in ...

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Pound Drops After U.K. Inflation Data

The British pound weakened against other major currencies in the early European session on Tuesday, after data showed that the nation’s inflation rose less-than-expected in July. Data from the Office for National Statistics showed that the U.K. consumer prices climbed ...

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Sweden Inflation Highest Since Dec 2011

Sweden’s consumer price inflation accelerated in July to the highest level in more than five-and-a-half years, figures from Statistics Sweden showed Tuesday. The consumer price index climbed 2.2 percent year-over-year in July, faster than June’s 1.7 percent stable rate of ...

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