Forex Opinion & Analysis

Yesterday’s Trading:The euro/dollar during the American session was able to restore to 1.1230 after a fall to 1.1187 at the start of the New York session. The PMI came out worse than expected,...

Commodity-linked currencies slipped in Asian trading on Tuesday as commodity prices were weighed down by the strong dollar. The Australian dollar was one of the worst performers as it was further...

EUR/USD is almost unchanged in Tuesday trading, continuing the lack of movement which has characterized the pair since last week. The pair continues to hug the 1.12 line. On the release front, German...

EUR/USD is trading in a tight range supported above the 1.120 handle, while gold prices look to be posting a strong consolidation near the 1245 – 1250 support which could indicate a potential...

For the 24 hours to 23:00 GMT, the AUD traded flat against the USD to close at 0.7224. In economic news, Australia’s CB leading index rose 0.1% in March, breaking a run of three consecutive...

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.3138. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.08% higher from...

For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 109.25. In economic news, Japan’s final leading index advanced to a level of 99.3 in March, from a...

For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4480. In the Asian session, at GMT0300, the pair is trading at 1.4491, with the GBP trading 0.08% higher from...

USD/JPY first resistance at 109.38/43 should be a tough challenge. However if we continue higher look for 109.65/68. Gains are expected to be very limited but a break above 110.85 targets a selling...

The USD/CHF has steadily trended lower over the past few months after forming a high around the 1.03 handle. The decline has largely been exhibited in the form of a wave pattern with prices making...

USD/JPY Scenarios, Brexit Quotes and a Lead in to Stevens’ Speech: The confluence of resistance on the USD/JPY 4 hour chart that we spoke about in yesterday’s currency wars flamed blog...

I had hoped, so much, that we’d begin to see a break of the mini-range trading. It almost looked as if it would happen but then collapsed in what looks to be a recycling. The 4-hour Price...

The euro surged higher against the US dollar on Friday, bouncing back from seven-week lows reached in the earlier session as market players took profits after considerable gains in the greenback....

The yen is currently the strongest of the major currencies. It has gained about 0.65% against the dollar. It has been grinding lower throughout the Asian and European session and has remained in...