Forex Opinion & Analysis

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.1287 and the breakout puts us still in a large range. We are looking for a continuation move down to the 0.500 Fibo at 1.1104...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This weekend’s meeting of OPEC and non-OPEC members in Doha is important for currencies because when oil bottomed at the...

Weekly prospects for the U.S. dollar: fundamental background and key events ahead.

One interesting feature of the past few days has been the strength in commodity currencies. The Australian dollar, the New Zealand dollar and the Canadian dollar have been some of the best performers...

It has been an extremely choppy week in FX, but one seeing some potentially constructive moves in the making, but lacking in momentum as yet. USD/JPY was much the focus in the previous week, but the...

USD/JPY Open 109.32 High 109.74 Low 108.78 Close 109.37On Thursday dollar/yen decreased with 65 pips. The currency couple depreciated from 109.54 to 108.89 yesterday, not matching the positive money...

London Forex ReportIn sync with Yellen’s stance for gradual pace of tightening, Atlanta Fed President Dennis Lockhart said that he will not vote for a hike in April, citing weak consumer...

The USD/JPY is still retracing higher after hitting bottom at 107.63 lows. The USD/JPY needs a push toward the 38.2% Fibonacci retracement 1.1000 which is the major psychological level in order to...

The Bank of England (BoE) released its latest pronouncement on monetary policy on April 14, 2016. As has been the case for what feels like forever now, the BoE kept policy the same with Bank rate at...

USD/CAD is still trading to the downside, recently completing extended wave 3) near 1.274 area, from where a new bounce unfolded. This unfolding reversal is wave 4), that can ideally reach levels...

The dollar moved back up toward two-and-a-half week highs against the other major currencies on Thursday, as investors shrugged off mixed U.S. economic reports.The U.S. Department of Labor said the...

The GBP/USD decreased but is still trading above the solid support point 1.4090 as the Bank of England (BOE) kept rates unchanged as expected at 0.5%. The minutes also claimed that...

The Swiss franc has been making some solid gains against the US dollar over the past few weeks and despite its valiant efforts, the USD seems to be losing the fight. However, the positive sentiment...

The Australian dollar has posted small gains on Friday, repeating the trend which marked the Thursday session. AUD/USD is trading at the 0.7710 line in the European session. In economic news, Chinese...