Forex Opinion & Analysis

USD/JPY has posted small losses on Thursday, following sharp gains on Wednesday. In the European session, the pair is trading just below the 110 line. On the release front, Japanese Core Machinery...

The Australian dollar dropped against its counterparts after a weak Australian employment report.Breaking the support point 0.7180 creates a lower leg toward near-term support levels 0.7150 and...

EUR/USD is unchanged on Thursday, following sharp losses in the Wednesday session. The pair is trading at 1.1210 in the European session. On the release front, the ECB will release the minutes of its...

USD/JPYThe USD/JPY soared as expected, where it now comes very close to the proposed technical target of 110.50-110.60 as expected earlier. We have closed the premium long position we suggested for...

EUR/USDYesterday's trading was in favor of the American currency strengthening. In particular, it was strongly influenced by the publication of FOMC protocols at 21:00, which reduced the price of...

The US dollar got a boost from the Fed's minutes yesterday which has come out hawkish than expected. The EUR/USD, gold, and yen weakened against the greenback, but the sterling remained resilient....

London ForexHawkish FOMC minutes released from the last meeting further heightened expectations of a possible hike in June. The removal of “global risks” from the recent Fed rhetoric was...

The dollar gained momentum and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal Reserve's latest policy meeting renewed expectations for a June interest rate...

For the 24 hours to 23:00 GMT, the AUD weakened 1.24% against the USD to close at 0.7230. LME Copper prices declined 0.72% or $33.5/MT to $4600.5/MT. Aluminium prices declined 0.16% or $2.5/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.3014, after the US Federal Reserve’s April monetary policy meeting minutes bolstered expectations that the...

For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CHF and closed at 0.9875, after the latest US Federal Reserve meeting minutes indicated that the central bank could raise rates as soon...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 110.11, after the US Federal Reserve’s April monetary policy meeting minutes indicated...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.4599, following the release of a mixed UK jobs report. Data showed that the number of people employed...

For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1223, after the Euro-zone’s final consumer price index (CPI) reading confirmed that the region fell back...