Forex Opinion & Analysis

Australian 200 for Wednesday, April 8, 2015In the last few days the Australian 200 index has shown some signs and moved well towards the resistance at 6000 before easing away slightly. A few weeks ago...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Dollar Rips Higher, More Gains Ahead EUR/USD Crashes Despite Positive News flow AUD Soars After RBA Leaves Rates Steady CAD:...

Talking Points USD/JPY rebounds from Gann support S&P 500 rallies sharply ahead of key pivot Volatility expansion looming in the pound? Foreign Exchange Price & Time at a Glance: Charts...

Talking Points EUR/USD rangebound between $1.0710 and $1.1050 since March 20. Like broader US Dollar Index, GBP/USD stuck in triangle, too. The weak March US Nonfarm Payrolls report on Friday...

The whole world finally returned to the trading realm Tuesday as Easter celebrations concluded in Asia and Europe and have joined in on the over-analyzation of the Non-Farm Payroll disappointment...

European and Asian traders returned to their trading desks today after a long 4-day weekend and seemingly saw the recent pullback in the US dollar as a buying opportunity. As we go to press, the...

Oil industry fallout spill over into the rest of the Canadian economyAlthough many Canadian companies have been able to take advantage of the current weak loonie, plunging crude oil prices have...

USD/JPY Open 119.47 High 120.26 Low 118.79 Close 119.40 On Monday Dollar/Yen increased with 90 pips. The currency couple appreciated from 118.79 to 119.70 yesterday, matching the positive money flow...

USD/JPYCurrently we are at 120.15 breaking north of a wedge which is bullish. We are looking for a continuation to the R4 resistance area @ 120.64 with an overall target @ 121.27. The average daily...

Forex News and Events With the timing of Fed rate hikes getting pushed out, equity markets taken on a bullish tone. US stock futures are pointing to a higher open and US 10-yr yield were flat at...

The focus for forex traders overnight was in Australia with the RBA taking centre stage with its decision on interest rates and the associated statement. The release was preceded by some volatile...