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Forex News Headlines

AUD/USD Forecast May 2-6

AUD/USD reversed directions last week, losing 120 points. The pair closed the week just below the 0.76 line. The upcoming week is busy, with 15 events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. As expected, the Federal Reserve remained on the sidelines ...

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GBP/USD Forecast May 2-6

GBP/USD posted strong gains for a second straight week, climbing 160 points. The pair closed the week at the 1.46 line, its highest level since February. This week’s highlights are the PMI reports. Here is an outlook on the major events ...

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USD/JPY Forecast May 2-6

USD/JPY posted huge losses, surging some 520 points. The pair closed at 106.23, its lowest level since October 2014. The upcoming week is very quiet, with just two events on the calendar. Here is an outlook on the major events moving the yen and an updated technical analysis for...

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EUR/USD Forecast May 2-6

EUR/USD had an excellent week, riding on USD weakness to rally but was contained by tough resistance. Will it bounce or break? . Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. ...

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Forex Weekly Outlook May 2-6

The US dollar suffered quite a bit and the yen was a shining star in the closing week of April. Draghi’s speech, A rate decision in Australia,  Draghi’s speech and a full build up to the Non-Farm Payrolls...

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US GDP only 0.5% – weak but with silver linings

The US economy grew by an annualized pace of only 0.5% in Q1 2016. That is comparable to around 0.1% q/q. It is not only low but below expectations. However, there are a few silver linings. For example, the deflator surprised to the upside with 0.7% instead of 0.6%...

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JPY shoots higher as the BOJ waits

Low inflation is not enough to move the Bank of Japan. Despite lowering growth forecasts and pushing back on inflation targets, the BOJ did not meet expectations to introduce more significant stimulus. They only introduced specific loans to earthquake hit areas, but the results of their ...

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