Forex Opinion & Analysis

US Dollar IndexThe U.S. dollar traded mixed against its major peers on Wednesday, still supported by speculations on a rate hike in June. Job openings climbed to 4.998 million in January from 4.877...

Mario Draghi looked very confident when speaking in Frankfurt this morning. QE look to be working when EUR/USD is down to 1.0600 (at the time of writing) – down almost 3% on the week the program...

The USD rally was perturbed in places yesterday by a downdraft in risk appetite. A significant driver, if not the main driver, of the latter is the sheer, unrelenting momentum of the USD strength,...

Talking Points: Euro, Japanese yen Looking to Greek Debt Negotiations for Direction Cues Aussie and New Zealand dollars Slide on Risk Aversion, Soft Chinese Economic Data Greece is in the spotlight...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.93; (P) 182.92; (R1) 183.50; GBP/JPY drew strong support from 55 days EMA and recovered. But it lacked follow through buying through 184.99 resistance. At...

The EUR/USD pair has sold off sharply and reached major support from the lower line of a large descending channel visible on the monthly chart, at 1.0650.This is such an important support line that...

EUR/USD The euro trades in near-term consolidative phase around 1.07 handle, which was lost on yesterday’s extension to 1.0665. Tight Doji in Asian session confirms consolidation, with the...

EUR/USDThe euro slipped below 1.07 against the U.S. dollar on Tuesday reaching a 12-year low, as uncertainty of the euro zone's bond buying program combined with expectations of a pending interest...

GBP/USD Open 1.5074 High 1.5111 Low 1.5027 Close 1.5051 On Tuesday Pound/Dollar decreased with 80 pips. The Cable depreciated from 1.5111 to 1.5027 yesterday, in line with the negative money flow...

The euro continued its seemingly unstoppable slide during today’s Asian session dipping below the 1.07 mark against the US Dollar and trading as low as 1.0665. The euro also made an 18-month low...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7709 with target @ 0.7735. Market Scenario 2: Short positions below 0.7709 with target @...

The kiwi dollar has taken a bit of a hit on the charts over the last week as the market looks towards the RBNZ’s OCR decision tomorrow. Rates are not expected to be cut but the RBNZ will likely...

For the 24 hours to 23:00 GMT, the AUD weakened 0.79% against the USD to close at 0.7631.Yesterday, the RBA Assistant Governor, Christopher Kent stated that the Australian dollar was still having...

For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.2683.In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading 0.08% higher from...