Forex Opinion & Analysis

Talking Points: USD/CAD Technical Strategy: Long at 1.2649 Support: 1.3090, 1.3002, 1.2860 Resistance: 1.3232, 1.3347, 1.3463 The US dollar continues to press upward against its Canadian...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7323, 0.7234, 0.7145 Resistance:0.7379, 0.7420, 0.7468 The Australian dollar launched upward against its US namesake as expected...

Talking Points:Employers in New Zealand increase employment 0.3% last quarter but the jobless rate rose. New Zealand dollar declined 0.2% after 2Q employment data was released. Market participants are...

As headlines flickered across a Bloomberg news feed this morning, I was struck by the plethora of slanted views. If it was anymore slanted it’d be vertical. A mishmash of sound bytes sans fact....

It only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went completely awry. Gov Stevens’s signal to the markets that the...

AUD/USD – Wednesday 5 August 2015The Australian dollar has enjoyed a surge higher in the last 24 hours moving from its consolidation zone just below 0.73 up to a two week high above the previous...

INTRADAY CHART BIAS: This could reach the 134.62-78 area Resistance: 135.57 135.77 136.00-16 136.44 Support: 134.62-96 134.34 133.75 133.09-30 MAIN ANALYSIS: The initial losses were truncated...

There was some good and not-so-good yesterday. The Europeans developed well – even if I basically pulled back from the complications that GBP/USD has got itself into. Actually, remaining neutral...

As my colleagues Chris Tedder and Fawad Razaqzada noted earlier today, the Australian dollar has surged across the board as the Reserve Bank of Australia took a definitive shift to a more neutral...

Atlanta Fed’s Lockhart Speaks: A hump day interview with the Federal Reserve Bank of Atlanta President Dennis Lockhart gave USDX bulls something to cheer about, indicating that the US economy is...

Today sees the release of the Services PMI for the UK where a figure of 58.1 is expected against a previous of 58.5, a small but notable reduction and something traders will be paying close attention...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What it Takes to Drive USD/JPY to 125 AUD Jumps More than 2% on RBA NZD Shrugs Off 9% Drop in Dairy Prices CAD: Supported by...

While much of Europe’s economy is chugging along at the same slow but steady pace, traders were abruptly reminded of Greece’s economic tragedy on Monday. Most of the day’s...

Talking Points An Initial bullish breakout fails for the EUR/USD Range reversals begin at 1.0964 Range support starts at 1.0934 Created using Trading View Charts After traversing its daily 30 pip...