Forex Opinion & Analysis

The US dollar gave back most of its gains yesterday, but price action is likely to be supported to the upside in the near term. While the euro remains caught within 1.115 levels, the bias is...

The fallout from the Brexit vote continues to rock the European financial system. On Wednesday, the British pound dropped to a fresh 31 year low as confidence in the currency continues to plummet. At...

USD/CHF INTRADAY CHART BIAS: We should see the upside resume Resistance: 0.9770-75 0.9789 0.9806 0.9824-35 Support: 0.9732-39 0.9710-20 0.9684 0.9646-71 MAIN ANALYSIS: We saw the gains to the...

I was taken aback a bit by the activity in the Asian morning yesterday. I’m really not used to seeing such trending moves in this part of the world. Over the day the roles between East and West...

Here are two Great Graphics that portray two time series: the dollar-yuan exchange rate and the yuan against a trade-weighted basket. The first chart comes from a highly reputable consulting firm. It...

EUR/USD: Having EUR/USD halted its weakness to close higher on a rejection candle on Wednesday, further bullishness is envisaged. Support lies at the 1.1050 level. Further down, support comes in at...

Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published.When looking at the Top 10 in the Monthly Ranking and Rating list...

By Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementTypically when there are spikes low in currencies like the ones seen Wednesday in GBP/USD and USD/JPY, investors start to wonder...

New York Forex Report: Market attentions turns to the release of the June FOMC meeting minutes this evening. Given the timing of this meeting, which came just ahead of the UK’s EU membership...

Greetings from Dallas. Looks like another terrific morning in the market, with the exception of Gartman declaring himself bearish on oil. Well, that blows. The moment things are looking good,...

Soy dynamics diverse from other grain futuresSoy prices slumped on Tuesday amid improved outlook for crops in US and Brazil and mixed data in China. Soy fell less than 10% from its multi-month high...

Canada’s exports fell 0.7% to $41.1 billion in May. Export volumes declined 2.3% and prices were up 1.6%. Imports decreased 0.8% to $44.4 billion, as volumes were down 0.9% and prices edged up...

The Australian dollar has posted gains on Wednesday, after losses in the Tuesday session. AUD/USD is trading slightly below the 0.75 line in North American trading. In economic news, the US will...

The GBP/USD made it to all predicted targets. It was like no-brainer trading. Simply we've had to short into rallies and it's been a free money. Today we might see a rejection from 1.2990-1.3005 as...