Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD weakened 0.55% against the USD to close at 0.7221. LME Copper prices declined 0.54% or $25.0/MT to $4567.5/MT. Aluminium prices declined 2.40% or $36.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD to close at 1.3584. In economic news, housing starts in Canada rose to a level of 211.9K in November, compared to market expectations...

For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9925. In the Asian session, at GMT0400, the pair is trading at 0.993, with the USD trading marginally higher from...

For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 122.89. In the Asian session, at GMT0400, the pair is trading at 122.81, with the USD trading marginally lower from...

For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5011, after UK’s manufacturing production fell more-than-expected on a monthly basis in October. Data showed...

For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.0894, after the Eurozone economy expanded in line with expectations in the third quarter. Data showed that Eurozone...

Last week we saw plenty of movements in the euro and the dollar. On Thursday, the ECB announced a smaller than expected continuation of their monetary easing policy, sending the euro to a three-week...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of December 7th – December 11th,...

The USD advanced 0.58 percent versus the CAD in the last 24 hours. The USD/CAD pair easily broke through the 1.36 resistance level and it was only after the release of the Canadian building permit...

The Australian dollar continues to lose ground on Tuesday, as AUD/USD trades at 0.7215 in the North American session. The Aussie has given up most of last week’s gains, having lost over 100...

USD/JPY INTRADAY CHART BIAS: Ideally I'd now like to see a move up to 123.75 - 124.25 at least Resistance: 123.00 123.18 123.47 123.75Support: 122.71 122.56 122.22-25 121.95-00 MAIN ANALYSIS: I was...

I can’t say things went wrong yesterday, but I can’t say they were right either. More the development was slow and perhaps – or most likely – that’s what should be...

EUR/USD: Having taken back its Monday losses to close higher on Tuesday, EUR/USD looks to resume short term uptrend triggered from the 1.0521 level. While the 1.0829/1.0796 zone continues to hold as...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It doesn’t matter if you are trading equities, currencies, bonds or commodities – everyone’s focus right now...