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Forex Opinion & Analysis

Alexander Kuptsikevich
Britons Tighten Their Belts By Alexander Kuptsikevich - 11 hours ago

UK retail sales fell by 1% in December, excluding fuel by 1.1%. The data surprised analysts who had, on average, expected an increase of 0.5% last month. Sales were 5.8% lower than in the same month a...

Kenny Fisher
EUR/USD Continues to Drift By Kenny Fisher - 13 hours ago

The euro continues to have a very quiet week, as EUR/USD appears content to trade around the 1.08 line.Lagarde Brings Her Message to DavosIt’s challenging to think of ECB President Lagarde as a hawk,...

Kenny Fisher
USD/CAD Eyes Canada Retail Sales By Kenny Fisher - 14 hours ago

The Canadian dollar is unchanged on Friday, trading at 1.3466 in the European session. We could see some volatility in the North American session, as Canada releases retail sales.Retail sales expected...

Trading Point
USD/CAD Battles 50-day SMA   By Trading Point  - 15 hours ago

USDCAD had been in an uptrend since March, posting a fresh 30-month high of 1.3976 before experiencing a downside correction. In the short-term, the pair attempted to edge higher after breaking above...

Kenny Fisher
Pound Edges Lower as Retail Sales Slump By Kenny Fisher - 16 hours ago

The British pound edged lower on Friday. In the European session, GBP/USD is trading at 1.2360, down 0.27%.Retail sales fall sharplyUK retail sales were dismal in December. The headline figure fell...

Brian Twomey
FX Next Week: Trade Opportunities By Brian Twomey - Jan 19, 2023 3

EUR/USD for January 2023 is on track to record a positive up month; however, eight trade days remain to complete the month. EUR/USD’s 23-year historic scorecard for January factors as 14 down months...

Kenny Fisher
AUD/USD Slides After Soft Aussie Job Report By Kenny Fisher - Jan 19, 2023

The Australian dollar extended its slide on Thursday. AUD/USD is trading at 0.6884 in Europe, down 0.82%.Australian employment data disappointsAustralia’s December employment report was weaker...

Jesse Felder
Financial Media Goes Gaga for the Greenback By Jesse Felder - Jan 19, 2023

Since the financial media went gaga for the greenback back in October, it has fallen from nearly 115 down to 102 last week, a decline of more than 10%. From a technical standpoint, the dollar index...

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