Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7777.LME Copper prices declined 0.11% or $6.5/MT to $5992.0/MT. Aluminium prices rose 0.29% or $5.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456.Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in...

For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9339.In the Asian session, at GMT0300, the pair is trading at 0.9345, with the USD trading 0.06% higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.22% against the JPY and closed at 124.32.In the Asian session, at GMT0300, the pair is trading at 124.50, with the USD trading 0.14% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.5328, as Britain’s services PMI suffered its sharpest slowdown in nearly four years in May.Data released showed...

For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi.Yesterday, the ECB President stated that the...

Good morning. Hope all is well! We have had a moderate forecast with a 57% accuracy. US dollar had gained some strength while Japanese yen was more sidelined. Today we could be in a for a volatile day...

EUR/USD Open 1.1261 High 1.1285 Low 1.1091 Close 1.1268 On Wednesday Euro/Dollar increased significantly with almost 200 pips. The European currency appreciated from 1.1091 to 1.1285 yesterday,...

AUD/USD ForecastINTRADAY CHART BIAS: Wait for breaksResistance: 0.7790-95 0.7818 0.7831 0.7860-65Support: 0.7750 0.7730-35 0.7710 0.7665-80MAIN ANALYSIS: The rally reached the 0.7805 target and...

Australia 200 Thursday, June 4th, 2015In the last week or so, we have seen the confirmation of a medium term trend reversal, as the ASX 200 index has edged up towards the key 5800 level. It has,...

AUD/USD – Thursday, June 4th, 2015 In recent hours, the Australian dollar has been easing back a little, after running into resistance just shy of the key 0.7850 level. In the last couple of...

The Thursday session in the GBP/USD should be fairly interesting. Keep in mind that today we have an interest rate decision coming out of the Bank of England, and that of course can bring a lot of...

Morning View:The euro continued to drive markets overnight, with Mario Draghi’s ECB press conference the trigger.Draghi expressed his disappointment with economic growth, and even laughed at the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Euro Powers Through 1.12, Is 1.15 Next? Weak Data Worries Dollar Bulls GBP: No Surprises Expected from BoE CAD Hit by Weaker...