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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

3 reasons why the dollar is down

The US dollar had a strong start to the week, enjoying a happy Monday. Yet as we discussed, the dollar already had these upbeat Mondays only to end lower on disappointments later in the week. The US dollar lost the ...

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AUD/USD and NZD/USD trade setups

Today the trading ideas are NZDUSD and AUDUSD and price action is again on our side. NZDUSD Trade Setup The nice bullish engulfing that formed on the chart is just above a support level. As you can see from the ...

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Philippine Growth Improves Slightly In Q2

Philippine economic growth improved slightly in the three months ended June, figures from the Philippine Statistics Authority showed Thursday. Gross domestic product advanced 6.5 percent year-over-year in the second quarter, just above the 6.4 percent rise in the March quarter. ...

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France's Jobless Rate Lowest Since 2011

France’s unemployment rate dropped in the second quarter to the lowest since late 2011, data from the statistical office Insee showed Thursday. The unemployment rate fell to 9.5 percent, in line with expectations, from 9.6 percent in the first quarter. ...

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