Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD weakened 1.28% against the JPY and closed at 122.81.In the Asian session, at GMT0300, the pair is trading at 123.07, with the USD trading 0.21% higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.78% against the USD and closed at 1.5500, after the NIESR forecasted that Britain’s economy grew at a faster pace in the March-May 2015 period,...

For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1317, as concerns about the Greek debt negotiations reduced as Germany is reportedly considering to make an aid offer...

EUR/USD Open 1.1311 High 1.1387 Low 1.1258 Close 1.1319 On Wednesday euro/dollar decreased with 130 pips. The European currency depreciated from 1.1387 to 1.1258 yesterday, not matching the positive...

GBP/CAD Resistance 1 91.42 Resistance 2 91.88 Support 1 89.50 Support 2 88.52 USD/CHF Resistance 1 9360 Resistance 2 9458 Support 1 9287 Support 2 9220

Talking Points: Australian dollar gained more than 1.1 percent versus the US dollar Unemployment rate 6.0 percent in May versus 6.2 percent expected Australia gained 42,000 jobs in May versus...

Tuesday night, during the Asian trading session, Bank of Japan Governor Kuroda made some remarks, which I found rather unusual.Here is the actual quote: Once an increase in the U.S. interest rate is...

Chris looks at the upcoming June 11 trading session in the EUR/USD forecast for today. Looking at the market, it is very obvious that the market is starting to tighten up quite a bit as the euro...

GBP/AUD decline to 1.95991 completed wave X. From this level, the pair rallied in wave (w) in the form of a double correction w-x-y, where wave w ended at 2.004, wave x ended at 1.9822, and wave y of...

RBNZ Cuts Rates:Down under, the Reserve Bank of New Zealand cut interest rates first thing in Asia, surprising market expectations and slashing the cash rate by 25bp from 3.50% to 3.25%. “We...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. USDJPY – US Retail Sales Next, Don’t Worry about Yen Comments NZD Crashes after RBNZ Cuts 25bp AUD Reverses Ahead...

It’s been a surprisingly volatile first half of the trading week given the absolute dearth of US economic data. EUR/USD is testing its one-year bearish trend line, GBP/USD has rallied up to...

The Australian dollar remains a sell as it approaches key Fiboacci levels as well as volume-based resistance at $0.7800. There's certainly risk of a breakout, but I think a short position remains...

The RBNZ makes a policy announcement at 21:00 GMT on Wednesday (Thursday 9am NZ time) and Consensus is finely balanced with a slight majority of forecasters calling for unchanged policy at 3.50%,...