Forex Opinion & Analysis

GBP/USD Open 1.6093 High 1.6330 Low 1.6062 Close 1.6102On Monday GBP/USD decreased significantly with 240 pips. The cable depreciated from 1.6330 to 1.6090 yesterday, in line with the negative money...

EUR/USD bear trend to extendAn initial low level digestion, capped by minor resistance at 1.2995 and then another bear extension to reinforce pressures this week.The Thursday aggressive plunge through...

EUR/USDThe euro edged slightly lower against the dollar on Monday after investors shrugged off Friday's soft U.S. jobs report and focused on the fallout from a recent European Central Bank move to...

The dollar was once again the best performer of today’s trading, as a study by the San Francisco Federal Reserve pointed out that the market and the public could be underestimating the chances...

Sideways consolidation on Friday has left our trend analysis and forecast unchanged for now, though we are now actively looking to short (see preferred trades below): the euro has stalled above 1.2920...

For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.9278, amid a broad strength in the greenback.LME Copper prices rose 0.97% or $ 67.5/MT to $ 7040.5/MT. Aluminium...

For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9353. The Swiss Franc came under pressure, after retail sales in Switzerland fell unexpectedly at an annualized rate...

For the 24 hours to 23:00 GMT, the USD strengthened 0.75% against the JPY and closed at 106.00.In economic news, the Eco Watchers Survey index for the current situation in Japan fell to a level of...

For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.2898, as the Sentix investor confidence in the Euro-region deteriorated in September.The investor confidence index...

EURUSD – Loses 1.2900 Handle As we talked about in our weekly market commentary, the price action structure and corrective consolidation suggested the Euro would likely break lower and remain...

The following are the trends and levels for EUR/USD, EUR/JPY, and EUR/CHF. Information provided by the technical strategy team at Erste Group. Original post

The financial markets were completely caught off guard with the ECB shock on Thursday subsequently followed by an inconsistently weak US employment report on Friday. While both of these surprises...

Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of September 8th – September...

The US dollar has finally achieved escape velocity versus the yen.So, naturally, the yen itself is plunging to depths unimagined.