ForexTraders

The US Dollar (USD) is strengthening broadly—albeit modestly—into Friday’s NA session and showing gains against all of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. USD trading broadly higher to end the week "The overall tone is quiet heading into the w

USD/JPY USDJPY regained traction on Wednesday, after spiking to the lowest in nearly one month on Tuesday. Strong downside rejection formed a bear trap pattern (under daily cloud base), as well as Hammer candle (Tuesday), adding to developing positive signals. Strong resistances at 147.60 zone (dail

Euro (EUR) continued to trade near 1.17-handle despite French political risks. Pair was last at 1.1697, OCBC's FX analysts Frances Cheung and Christopher Wong note. Daily momentum is mild bullish "Fiscal and debt issues can have implications on EUR. We do not rule out the risk of French rating being

TradeGateHub Live Trading featured Steve (ThePivotKing) and ForexStopHunter sharing their forecasts for the fourth quarter. The coach discussed the bullish case for natural gas and grains, while Steve covered precious metals, the S&P 500, and the energy sector. Both also weighed in on geopolitic

On Tuesday, there were several reports once again claiming that the United Kingdom was a developing country. This was due to gilt yields rising significantly and the pound coming under considerable pressure. Typically, this combination of events — a sell-off of domestic government bonds and a weaken

GBP/JPY struggles to capitalize on its intraday gains back closer to the year-to-date peak.A sharp rise in the long-dated UK bonds weighs heavily on the GBP and the currency pair.The BoJ uncertainty continues to undermine the JPY and should limit losses for spot prices. The GBP/JPY cross retreats sh

GBP/USD climbed 0.3% on Monday, bolstered by a general uptick in market sentiment.Markets are tilted into the risk-on side ahead of a packed data docket.This week will culminate in key US NFP jobs data. GBP/USD found room on the high end on Monday, kicking off a fresh trading week with another leg u