Forex Opinion & Analysis

Market BriefThe Japanese yen continued its free-fall on Friday as risk sentiment continued to improve. USD/JPY rose another 0.60%, reaching 110.93 - the highest level since early June this year, in...

The US dollar was seen trading above 101.00 in early Asian trading today spurred by positive comments on the economy by Fed Chair Janet Yellen. Testifying to the Joint Economic Committee at Washington...

The EUR/USD sold-off to 1.0582 as FOMC Chair Janet Yellen hinted at a Federal Reserve (Fed) rate hike in December. The widening policy outlook between the Fed and the European Central Bank (ECB) is...

Dollar bulls received ample encouragement on Thursday following Janet Yellen’s hawkish remarks at Congress which fortified expectations of a probable US interest rate increase in December....

USD index fell sharply on US elections day last week, but market quickly realized that Trumps victory may not be so bad for the US and dollar itself since he supports idea of higher interest rates. As...

For the 24 hours to 23:00 GMT, the AUD declined 1.17% against the USD and closed at 0.7404. LME Copper prices declined 0.60% or $33.0/MT to $5426.0/MT. Aluminium prices declined 1.54% or $26.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 1.0074. In the Asian session, at GMT0400, the pair is trading at 1.0086, with the USD trading 0.12% higher against the...

For the 24 hours to 23:00 GMT, the USD rose 1.26% against the JPY and closed at 110.2. In the Asian session, at GMT0400, the pair is trading at 110.53, with the USD trading 0.3% higher against the...

For the 24 hours to 23:00 GMT, the EUR declined 0.7% against the USD and closed at 1.0626. According to minutes of the European Central Bank’s (ECB) most recent meeting, policymakers were ready...

GBP/JPY Daily OutlookDaily Pivots: (S1) 135.51; (P) 136.20; (R1) 137.42; GBP/JPY's rally is still in progress and intraday bias stays on the upside for 138.81 resistance. As noted before, bullish...

Dollar surged overnight with the dollar index hitting 14 year high after Fed chair Janet Yellen's positive comments on the economy and rate hike. In her Congressional Joint Economic hearing, Yellen...

Key Points: Bears likely to remain in control of AUD in the short term. AUD impacted by poor employment change result. Fed likely to hike FFR 25bps in December. The Australian dollar has declined...

No Stopping Me Now The focus overnight was on Fed Chair Janet Yellen’s testimony before the Joint Economic Committee, which reaffirmed what everyone has suspected – that barring some major...