Forex Opinion & Analysis

NZD/USD fell to the lowest level since September 2010, touching 0.70762 early on Monday. Prices accelerated their decline after falling below the daily Ichimoku cloud two weeks ago. The downside bias...

EUR/USD – Steady Buying, Key Resistance Ahead (4 hour chart)Slowly marching higher at a tortuga-like pace, the euro has gained over the last few days following the false break setup we talked...

EUR/USDThe euro moved higher against the dollar on Friday after data showed that the U.S. economy contracted in the first quarter, but continued expectations for a rate hike later this year continued...

On Friday, the AUD weakened 0.20% against the USD to close at 0.7642.LME Copper prices declined 0.47% or $28.5/MT to $6088.5/MT. Aluminium prices declined 0.81% or $14.0/MT to $1705.5/MT.In the Asian...

On Friday, the USD rose 0.17% against the CAD to close at 1.2445.The CAD lost ground, after Canada’s annualized GDP unexpectedly dropped 0.6% in the first quarter of 2015, registering its first...

On Friday, the USD declined 0.25% against the CHF and closed at 0.9401.In economic news, Switzerland’s GDP unexpectedly eased 0.2% QoQ in Q1 2015, reversing market expectations for an unchanged...

On Friday, the USD strengthened 0.24% against the JPY and closed at 124.12.In the Asian session, at GMT0300, the pair is trading at 124.15, with the USD trading a tad higher from Friday’s...

On Friday, GBP marginally declined 0.25%against the USD and closed at 1.5283.Data released showed that Lloyds (LONDON:LLOY) business barometer in the UK climbed to 55.00 in May, compared to a level of...

Key Fundamental Forex Events for the Week of May 25th through May 29th The following table lists the key economic data and other events that came out during the week of May 25th through May 29th, with...

US NFP is expected to be around 226K, and with the Feds watching this release closely, we should see plenty of market action (and potentially changing the short-term market trend) if we get our...

We'll be getting the Canadian Employment Change release number today, but it is scheduled at the same time as US Nonfarm Payroll Report. I would recommend focusing on the NFP instead and only trade...

AU Retail Sales release today is usually a highly tradable report out of Australia, but with USD likely to keep gaining across the board on speculation of a September rate hike, I’d be very...

UK BOE Interest Rate Decision will probably be another non-event and considering there are usually no statements or comments accompanying the rate decision, the market could very well just ignore the...

US ISM Non-Manufacturing PMI is a leading indicator and particularly important during a Nonfarm Payroll week, and since this coming NFP could further secure an upcoming rate hike by the Feds in...