Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9330.In the Asian session, at GMT0300, the pair is trading at 0.9338, with the USD trading 0.09% higher from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 106.20. The Japanese Yen lost ground after the consumer confidence index in Japan unexpectedly eased to 41.2 in...

For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6108, following upbeat data from the UK.The industrial production in the UK expanded in July, marking its fastest pace...

For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2936, after the EU delayed its fresh sanctions against Russia, Europe’s biggest trading partner.Elsewhere, in...

The Aussie has fallen sharply over the last couple of days down to a five month low below 0.92 after falling through the 0.93 level and testing the 0.9220 level.  It showed some positive...

Price has accelerated more than expected and we appear only now to be approaching the (green) Wave [iii] that should stall around the 423.6%-438.2% proojection in (green) Wave iii at 84.44 - 58 but...

Sterling has fallen nearly six cents since the September 1, or about 3.2%. The reason is clear, and it is most certainly not simply about good news from the US. Sterling had already fallen six...

EUR/USD Open 1.2935 High 1.2958 Low 1.2858 Close 1.2936On Tuesday EUR/USD increased with 100 pips. The European currency appreciated from 1.2858 to 1.2958 yesterday, matching the negative money flow...

USD/JPY near-term outlook:In the Sept 4th email, again affirmed the bullish view from the Aug 19th email (above bear trendline from Jan could trigger upside acceleration back to the Jan high at...

GBP/USD Could Retest 2010 Lows If Scotland Votes To Leave UKIf Scotland votes to exit the UK on September 18 the ramifications for GBP will be profound leaving the currency vulnerable to heightened...

After Bitcoin Hits a Yearly Low, Can It Fall Even Further?Bitcoin hit the lowest price in September so far yesterday, reaching a low of $456.30, and then an immediate recovery to $470.77 took place....

Emerging-market currencies weakened, led by the Turkish lira, and developing-nation stocks fell for a fourth day amid concern U.S. interest rates may rise faster than investors anticipated.The lira...

Obama’s Former Chief Economist Calls For An End To US Dollar Reserve StatusThere are few truisms about the world economy, but for decades, one has been the role of the United States dollar as...

AUD/USD continues to point southward, as the pair trades at the 0.92 line in Tuesday's North American session. The Australian dollar lost ground in response to a weak showing from...