Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 1.0237. In economic news, Switzerland’s industrial production fell 5.1% YoY in 3Q 2015, after dropping by a...

For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 122.61. In the Asian session, at GMT0400, the pair is trading at 122.61, with the USD trading flat from...

For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.5102. In the Asian session, at GMT0400, the pair is trading at 1.5095, with the GBP trading marginally lower from...

For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0606 as traders continued to speculate of further monetary easing by the ECB. In economic news, Euro-zone’s...

AUD/JPY - rebound from important resistanceAfter dynamic falls in August, AUD/JPY did not deepen established lows. Even more upward movement is getting stronger. Demand has exceeded the fibo 61,8%...

AUD kicked off the day with the most notable move of this Thanksgiving holiday, with the currency seeing a bout of softness after Australian Capex widely missed expectations (Private Capital...

After breaking above the descending channel that it has traded within for more than a year, the Australian dollar has failed to gather much momentum against the greenback and once again appears to be...

Source: GrowthAces.com

Data flow was heavy yesterday as some US data was brought forward in lieu of Thanksgiving holiday today. While there were pockets of weakness in the barrage of US data overnight, economic releases...

A rising US dollar and falling commodity prices should continue to pressure the Australian dollar at least for the next few years. Similar declines are playing out across the commodity market. Aussies...

EUR/USD: EUR/USD consolidates with corrective risk following a halt in its broader weakness on Wednesday. This is coming on the back of its long-tailed candle formation at the end of Wednesday's...

GROWTHACES.COM Forex Trading StrategiesEUR/USD: sell at 1.0665, target 1.0470, stop-loss 1.0725, risk factorEUR/USD: ECB Plans Two-Tiered Charge On Liquidity(sell at 1.0665) The Commerce Department...

U.S markets are closed today for Thanksgiving and will shut early tomorrow. Despite the shortened trading week, dealers and investors have had a plethora of U.S data to consider that could convince an...

As expected, EUR/USD is drifting in light trade on Thursday, as US markets are closed for the Thanksgiving holiday. In the European session, the euro is trading just above the 1.06 line, as the...