Forex Opinion & Analysis

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.3415. In the Asian session, at GMT0400, the pair is trading at 1.3420, with the USD trading...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9919, after US services PMI further contracted in February. In the Asian session, at GMT0400,...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 113.71. In the Asian session, at GMT0400, the pair is trading at 113.64, with the USD trading 0.06%...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.4171. In economic news, UK’s Markit services PMI dropped to nearly a three-year low of of 52.7...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.0948, following better than expected services PMI data in the Euro-zone and Germany. Data showed...

EUR/USD is trading at 1.0950 in Friday’s European session, after posting strong gains on Thursday. On the release front, the sole Eurozone release is Retail PMI. It’s a busy day in the US,...

The U.S. Labor Department is scheduled to release the nonfarm payrolls report for February at 13:30 (GMT) today. The market expects the increase to be 195,000, better than what was 151,000 last month....

It is almost that time of month again where traders look to anticipate every economic “bump” in the US economy in an attempt to gauge the US Non-Farm Payroll results. Subsequently, as the...

With EUR/USD rallying strongly on Thursday, it faces further strength in the days ahead. This view remains valid as long as the pair can trade and hold above. Support lies at the 1.0900 level. Further...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With fewer than 24 hours to go before the most important event risk this week -- U.S. nonfarm payrolls, the U.S. dollar is...

Eurozone services PMI came in at 53.3 points exceeding the forecast by 0.3 points. The index is considered as an indicator of economic conditions in the service sector, and a reading above 50 points...

AUD/CAD - dynamic rebound from lower limit of a bearish channel Monday's analysis was very profitable. Rebound that occurred was much faster and more dynamic than it was expected after last week's...

NZD/USD continues to post gains and has punched above the 0.67 line on Thursday, trading at 0.6733 in the North American session. In economic news, US Unemployment Claims climbed for a second straight...

New York Forex Report: Currency markets underwent a quiet session over the European morning today as engagement wanes ahead of the the US employment report tomorrow. We also have US ISM...