Saxo Bank uses cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.
Okay
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider.
show more
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
Show less
PrivateInstitutional
General.Accessibility.Close

Quick Links

Forex analysis and inspiration

Find forex-specific market news, sentiment-tracking tools and expert insights to help you identify your next trade.

On this page:

Get the latest market news

Stay informed with the most recent news and commentary from the SaxoStrats, our team of expert analysts.

Stay informed with the most recent news and commentary from the SaxoStrats, our team of expert analysts.

  • Forex

    FX Update: An important weekly close for the US dollar

    John Hardy

    Head of FX Strategy

    Coming into this morning, the US dollar had moved sharply lower all week after the Fed launched its ...
    Learn more

  • Macro

    Market Quick Take - March 27, 2020

    Steen Jakobsen

    Chief Investment Officer

    The market rebound took on added energy with the US equity market posting a technical bull market re...
    Learn more

  • Macro

    Podcast: Positioning yourself for this crisis and its aftermath

    John Hardy

    Head of FX Strategy

    The Saxo Strategy Team recorded a long-form podcast aimed at highlighting what is at stake for marke...
    Learn more

  • Macro

    Market Quick Take - March 26, 2020

    Steen Jakobsen

    Chief Investment Officer

    The S&P and Dow Jones managed the first back-to-back gains in a month, but the Nasdaq 100 future clo...
    Learn more

  • Forex

    FX Update: Risk correlated currencies bounce on US fiscal hopes

    John Hardy

    Head of FX Strategy

    Risk sentiment improved sharply yesterday as the market looks forward to the US moving forward with ...
    Learn more

  • Macro

    Market Quick Take - March 25, 2020

    Steen Jakobsen

    Chief Investment Officer

    Markets put in their strongest close-to-close rally in the US since 1933 yesterday in a delayed resp...
    Learn more

  • Forex

    FX Update: Fed floods system with liquidity, USD finally responds

    John Hardy

    Head of FX Strategy

    The US Federal Reserve unleashed its most consequential torrent of liquidity provision yesterday wit...
    Learn more

  • Macro

    Market Quick Take - March 24, 2020

    Steen Jakobsen

    Chief Investment Officer

    Overnight Asia market rallied hard. Meanwhile the US lawmakers continue to dither on the content of ...
    Learn more

  • Macro

    Macro Digest: Fed launches massive initiative to backstop the system

    Steen Jakobsen

    Chief Investment Officer

    The Fed just made one of its most important moves in responding to the fallout from the Covid19 cris...
    Learn more

  • Forex

    COT: A surprise dollar short emerges after week of deleveraging

    Ole Hansen

    Head of Commodity Strategy

    Commitments of Traders report covering speculative positions and changes in FX, bonds and stocks in ...
    Learn more

 Check how other traders are positioned

See whether Saxo traders are buying or selling our most popular FX pairs.

Instrument
Sellers
Buyers
Change (1D)
Australian Dollar/New Zealand Dollar
AUDNZD
55%
45%
+0.4%
Trade
Euro/Norwegian Krone
EURNOK
25%
75%
+1.78%
Trade
US Dollar/Japanese Yen
USDJPY
63%
37%
-1.5%
Trade
US Dollar/Mexican Pesos
USDMXN
47%
53%
+1.72%
Trade
Euro/Australian Dollar
EURAUD
40%
60%
-0.8%
Trade

Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

See more research Start trading
Instrument
Change (1D)
Australian Dollar/New Zealand Dollar
AUDNZD
+0.4%
Sellers
55%
Buyers
45%
Trade
Euro/Norwegian Krone
EURNOK
+1.78%
Sellers
25%
Buyers
75%
Trade
US Dollar/Japanese Yen
USDJPY
-1.5%
Sellers
63%
Buyers
37%
Trade
US Dollar/Mexican Pesos
USDMXN
+1.72%
Sellers
47%
Buyers
53%
Trade
Euro/Australian Dollar
EURAUD
-0.8%
Sellers
40%
Buyers
60%
Trade

Client sentiment data shows the percentage split between buyers and sellers on today’s most popular instruments. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

See more research Start trading

See today’s market movers

Review today’s biggest gains and losses on the forex market for a snapshot of the market mood.

Gainers
InstrumentChange (1D)
British Pound/South African Rand
GBPZAR
+3.87%
Trade
British Pound/Mexican Peso
GBPMXN
+3.87%
Trade
Australian Dollar/South African Rand
AUDZAR
+3.42%
Trade
British Pound/Norwegian Krone
GBPNOK
+3.1%
Trade
New Zealand Dollar/South African Rand
NZDZAR
+3.05%
Trade
Instrument
Change (1D)
British Pound/South African Rand
GBPZAR
+3.87%
British Pound/Mexican Peso
GBPMXN
+3.87%
Australian Dollar/South African Rand
AUDZAR
+3.42%
British Pound/Norwegian Krone
GBPNOK
+3.1%
New Zealand Dollar/South African Rand
NZDZAR
+3.05%
Losers
InstrumentChange (1D)
South African Rand/Japanese Yen
ZARJPY
-3.18%
Trade
Mexican Peso/Japanese Yen
MXNJPY
-3.15%
Trade
Norwegian Krone/Japanese Yen
NOKJPY
-2.36%
Trade
Turkish Lira/Japanese Yen
TRYJPY
-2.28%
Trade
Gold/British Pound
XAUGBP
-2.25%
Trade
Instrument
Change (1D)
South African Rand/Japanese Yen
ZARJPY
-3.18%
Mexican Peso/Japanese Yen
MXNJPY
-3.15%
Norwegian Krone/Japanese Yen
NOKJPY
-2.36%
Turkish Lira/Japanese Yen
TRYJPY
-2.28%
Gold/British Pound
XAUGBP
-2.25%

Market movers shows you the biggest price movements across selected markets. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

See more research Start trading

Let Trade Signals find your next opportunity 

Automate your analysis with Trade Signals by Autochartist, free for Saxo clients.
This leading technical analysis tool identifies emerging and completed chart patterns.

InstrumentSignalIdentifiedProbabilityQuality
Euro/Japanese Yen
EURJPY
1H Channel Up
27-Mar 15:0067.95%
Trade
Euro/Swiss Franc
EURCHF
1D Falling Wedge
26-Mar 00:0065.13%
Trade
US Dollar/Mexican Pesos
USDMXN
4H Channel Up
26-Mar 16:0070.06%
Trade
US Dollar/Russian Ruble
USDRUB
1H Falling Wedge
27-Mar 13:0065.61%
Trade
Singapore Dollar/Japanese Yen
SGDJPY
4H Channel Up
27-Mar 04:0068.87%
Trade

Trade Signals shows you technical analysis opportunities with a 65% or above probability of hitting their forecast level based on past performance with respect to the pattern type, the instrument and the time of day it was identified. Blue indicates rising trends and red indicates descending trends. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

Open in platform Start trading
Instrument
Signal
Euro/Japanese Yen
EURJPY
1H Channel Up
Identified
27-Mar 15:00
Probability
67.95%
Quality
Trade
Euro/Swiss Franc
EURCHF
1D Falling Wedge
Identified
26-Mar 00:00
Probability
65.13%
Quality
Trade
US Dollar/Mexican Pesos
USDMXN
4H Channel Up
Identified
26-Mar 16:00
Probability
70.06%
Quality
Trade
US Dollar/Russian Ruble
USDRUB
1H Falling Wedge
Identified
27-Mar 13:00
Probability
65.61%
Quality
Trade
Singapore Dollar/Japanese Yen
SGDJPY
4H Channel Up
Identified
27-Mar 04:00
Probability
68.87%
Quality
Trade

Trade Signals shows you technical analysis opportunities with a 65% or above probability of hitting their forecast level based on past performance with respect to the pattern type, the instrument and the time of day it was identified. Blue indicates rising trends and red indicates descending trends. Data is delayed by up to 30 minutes. See the full disclaimer for more information.

Open in platform Start trading

Meet our experts

Our strategy team provides expert analysis of forex trends with a focus on emerging markets volatility, central bank announcements and geopolitical events.

  • John Hardy
    Head of FX Strategy

    John Hardy joined Saxo Bank in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined...

    About John

  • Ole S. Hansen
    Head of Commodity Strategy

    Ole Hansen has been Head of Commodity Strategy since 2010. He focuses on delivering strategies and analyses of the global commodity markets defined by fundamentals, market...

    About Ole

See the benefits of
trading forex with Saxo

Get an overview of our pricing, platforms and
services when trading forex with us.

Learn more
Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Saxo News & Research or as a result of the use of the Saxo News & Research. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. Saxo News & Research does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws.

Please read our disclaimers:
- Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
- Full disclaimer (https://www.home.saxo/legal/disclaimer/saxo-disclaimer)
- Full disclaimer (https://www.home.saxo/en-mena/legal/disclaimer/saxo-disclaimer)

Democratising trading
and investment for
more than 25 years.

UAE


Due to coronavirus controls, with many of our staff working from home, we are not able to meet with clients in our reception at present, unless by appointment in exceptional circumstances. We remain at your service on the phone and email details below. Thank you for your understanding.

*Please expect very long waiting times on the line when calling us, we advise you to send us an email instead.

Contact Saxo

Products & pricing

Platforms & services

General

Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

Saxo Bank A/S is licensed by the Danish Financial Supervisory Authority and operates in the UAE under a representative office license issued by the Central bank of the UAE.

The content and material made available on this website and the linked sites are provided by Saxo Bank A/S. It is the sole responsibility of the recipient to ascertain the terms of and comply with any local laws or regulation to which they are subject.

The UAE Representative Office of Saxo Bank A/S markets the Saxo Bank A/S trading platform and the products offered by Saxo Bank A/S.