Forex Opinion & Analysis

The US dollar turned in an unexpectedly strong performance last week. It appreciated against all the major currencies, but the Australian dollar, and most of the emerging market currencies....

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0607 and back in the down trend. We are looking for the downside target at the S6 @ 1.0424 and possibly the 2.618 Fibo @...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Will a Strong Dollar Stop Fed from Tightening? Short Euro Trades Paid Off Handsomely this Week USD/CAD Gives Up Gains after...

OverviewThe USD has been firmly in focus this week following the sharp miss in expectations at the Nonfarm Payrolls report last Friday, with focus shifting to this week’s FOMC minutes release....

NZD/USDCurrently we are at 0.7522 out of the wedge which is bearish. We are looking for a continuation to the S4 support area @ 0.7463 with an overall target @ 0.7326. The average daily true range...

Market Drivers April 10, 2015 Euro pops 1.0600 as Dollar Rally Relentless UK IP/MP weaker than forecast Nikkei -.15% Europe 0.49% Oil $50/bbl Gold $1202/oz. Europe and Asia CNY CPI 1.4% vs. 1.3%GBP UK...

EUR/USD - Technical Report The EURUSD pair has breached through the important support-turned into resistance- at 1.0710 as see on the provided daily chart. This breakout has activated negative signs...

Market BriefIn Asia, China’s inflation for March printed marginally higher to 1.4% y/y verse 1.3%. The lack of inflation pressure is keeping hope for additional easing alive, giving risky asset...

The overall recovery in the rouble since the start of the year is mostly a result of a stabilisation in global oil prices. However, in our view, the acceleration in the rate of rouble appreciation...

KEY DATA RELEASES TODAY (BST) :09:30 GBP Manufacturing Production m/m 0.4% v -0.5% 13:30 USD FOMC Member Lacker Speaks 13:30 USD Import Prices m/m -0.4% v 0.4% 15:00 GBP NIESR GDP Estimate...

Resuming our technical analysis series started on April 01 , we see how the cluster resistance of 1.3750 has been able to stop the corrective actions, pushing the EURCAD pair to the downside. On...

The dollar remained supported after New York Federal Reserve President William Dudley said Wednesday that the timing of a rate hike depends on economic data and added that a rate hike in June could...