Forex Opinion & Analysis

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1372, after Germany’s seasonally adjusted industrial production declined...

The Japanese yen has largely been on a roller coast of appreciation over the past few weeks as the air disappears out of the US dollar. Subsequently, as the USD/JPY pair has continued to fall, the...

Things seem a little quiet in Asia Pacific as markets take a breather from some recent volatility. The danger of these calmer waters is always that sudden shock of a tidal wave from the Fed, China or...

Yesterday the pair slightly fell amid the publication of strong data in Switzerland. The Consumer Price Index in April grew by 0.3%, which was better than the expectations of economists of 0.1% and...

The big morning mover has been the kiwi/dollar, printing a huge bullish hourly candle before giving back some knee-jerk gains as sanity around this morning’s Financial Stability Report takes...

These markets are strange at the moment. While there are some correlated moments, the overall impression I get is a bag of mixed nuts. Some are big, some are small and others just lie around because...

The U.S. dollar has climbed 3.3% vs. the yen since last Tuesday's multi-month low at 105.50 -- off of the June 2015 multi-year high at 125.85.While the USD's up-move (down-move in yen) appears...

A largely uneventful day in FX, but with the risk tide on the positive side.The JPY was on the back foot across the board, though USD/JPY topped out well ahead of 110.00 despite a heavy Wall Street...

The DX has Retraced to its Price Channel Top After Its Critical Decision Wave — That Confirms It’s Bottoming The Dollar Index has retraced to its price channel top after its critical...

Successful verbal intervention in JapanJapan’s Minister of finance Taro Aso said on Monday the officials are ready for currency interventions if the volatile yen will hurt Japanese external...

The 60 minute has measured move projections not far below. There might be buyers there. The weekly chart of the EUR/USD has a wedge top, which will probably be followed by a could legs down. Last week...

GBP/USDCurrently we are at 1.4447 and attempting a break out of the down channel. We are looking to continue to the 0.382 Fibo at 1.4524 and with a further target this week to the 1.4617 area. The...

USD/CHFUSD/CHF has consolidated, where it found a solid support above the intersection point of SMA20 and SMA50 at 0.9675 as seen on the provided daily chart. We see continuous attempts to clear...

Yesterday's price development has proved to be unsuccessful for breakout traders as both major currency pairs traded sideways without any sign of a clear trend. The euro marked a short-term support at...