Forex Forecasts and Analytics today

Copper rallied to a three year high at $7175 and was the leader pulling other industrial metals


The big mover yesterday was COPPER which rallied to a three year high at $7175.

Discussions around Brexit, elections in Japan, Spain and Catalonia and the US President's statements about Iran.


Politics seems to be more the focus of the markets recently with Central Bankers speaking a lot but not really saying much, and economic data not having a significant impact on the market.

Record level Nikkei in the Asian trade. Shinzo Abe became Prime Minister of Japan.


The Nikkei hit an all-time high in Asian trade earlier reaching 21240 and looks set to close above 21,000 for the first time since 1996

The Catalonian Regional President wants to start negotiations with the government of Spain


Charles Puigdemont, the Catalonian Regional President took a step back from a Unilateral Declaration of Independence (UDI) yesterday, announcing instead that he seeks talks with the Spanish Government.

Negative NFP data, positive US unemployment rate and uncertain Currency reaction


Fridays NFP data was negative for the first time since October 2010. A low number was expected due to the recent spate of hurricanes which has caused so much damage but not sure if the market expected a negative rate…

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