Forex Opinion & Analysis

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the JPY and closed at 117.80. In the Asian session, at GMT0300, the pair is trading at 117.8, with the USD trading flat from...

The Australian dollar is trading higher today on the back of higher oil prices and speculation on further moves by the European Central Bank.At 7.41am (GMT) the Aussie dollar was trading at US...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4225. In the Asian session, at GMT0400, the pair is trading at 1.4211, with the GBP trading 0.1% lower...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0871. Yesterday, the ECB held key interest rate at 0.05% but the ECB President, Mario Draghi,...

EURUSD 1HYesterday’s Trading: The European trades on Thursday saw the euro/dollar head from 1.0866 to 1.0921 after the ECB had convened. The EUR/USD fell 148 points during Draghi’s speech...

ECB President Draghi has sent the euro back down into the lower end of the recent range as he gave a strong signal that additional action could be delivered as early as March, the next meeting. The...

It has sure been a tough week. The post I made on the 12th January appears to have been correct. Here we are 10 days later and we haven’t really gotten too far. It still suggests that this...

GBP/USD: Having turned higher after taking back its intra day losses on Thursday, GBP/USD threatens more recovery pressure on correction. Support lies at the 1.4200 level where a break will turn...

When most FX traders think of the implications of oil prices, they think of the impact on the Canadian dollar; or if they’re of a more Northern European persuasion, perhaps the Norwegian krone....

One signal that crude oil could be putting in a significant low is being flashed by the Canadian dollar, which has reversed from its plunge versus the dollar.Let's notice on the lower half of the...

EUR/USD - declines after ECB press conferenceYesterday demand tried to break above bearish regression channel, but sentiment changes today after press conference of ECB President Mario Draghi....

Daily FX Wrap: Deja-vu as ECB turns EUR sentiment on its head. Focus now on March meeting as policy measures to be reconsidered. EUR slammed. More lows for cable.The EUR took centre stage today as the...

Today, there will be an important ECB meeting where ECB should announce a minimum bid rate which is expected to remain on hold. But as always, ECB conference is very important as investors are...

Today, there will be an important ECB meeting where ECB should announce a minimum bid rate which is expected to remain on hold. But as always, ECB conference is very important as investors are...