Forex Opinion & Analysis

The euro drifted lower in early Asian trade as the markets await the outcome of the Eurogroup meeting of Eurozone finance ministers and the EU summit to be held later today. It is thought...

Following the outcome of the referendum, the Greek Prime Minister said Athens was returning to negotiations with the goal to reopen banks, which could run out of cash within days without emergency...

Talking Points:Euro, Yen Volatility Ahead as Eurozone Officials Meet for Greece Crisis Talks Australian Dollar Little-Changed After Another Status-Quo RBA Rate Decision Greece remains in focus as the...

Talking PointsRBA Leaves Key Rate Unchanged at 2 percent as Expected Australian Dollar little changed versus its US counterpart Policy Statement Maintains Neutral, Data-Dependent Tone The Australian...

EUR/USDRisk reward: 1.81Volatility: AverageDown at 1.1037 Limit 1.1069 Target 1.0979USD/JPYRisk reward: 1.66Volatility: AverageUp at 122.57 Limit 122.25 Target 123.10 GBP/USDRisk reward:...

EUR/USDThe euro tumbled across the board on Monday but was off the lows of the day, after Greece voted to reject the conditions tied to the troubled country's debt bailout deal. The euro dropped to a...

GBP/USDMain scenario:The pair is trading along a downtrend.The downtrend may be expected to continue in case the market drops below support level 1.5530, which will be followed by reaching support...

EUR/USDMain scenario:The pair is trading along a sideways trend.A downtrend will start as soon as the pair drops below support level 1.0970, which will be followed by moving down to support level...

For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2648. On the macro front, Canada’s Ivey PMI slid to a 3-month low of 55.9 in June, after hitting a 19-month high...

For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CHF and closed at 0.9426. The Swiss Franc rose ground, on the back of upbeat CPI data. Data showed that consumer prices in...

For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 122.61. In economic news, the preliminary leading economic index in Japan fell to 106.20 in May, in line with...

For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5604, rebounding back from its earlier session losses. In the Asian session, at GMT0300, the pair is trading at...

For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1056, as uncertainty remained over Greece’s future in the Euro-zone. Yesterday, the German Chancellor, Angela...

AUD/USD – Tuesday 7 July 2015The Australian dollar hasn’t had its best week falling sharply from above the key 0.77 level to a new six year low below 0.75. The AUD/USD is presently trading...