Forex Opinion & Analysis

EUR/USD The euro holds above fresh lows, with some improvement seen on the hourly chart, as the price cracked initial 1.3144 barrier. However, overall negative tone and lack of strength for more...

EURUSD bear trend intactDespite a minor bounce effort through midweek, modest resistance is intact at 1.3160 ahead of a better barrier at 1.3197 to maintain bear pressures.We still see early September...

GBP/USD Open 1.6461 High 1.6506 Low 1.6439 Close 1.6459 On Wednesday the GBP/USD decreased with 65 pips. The Cable depreciated from 1.6506 to 1.6439 yesterday, in line with the negative money flow...

EUR/USD: Conflicting signals.We probably have to pass today’s main event, ECB, before any major move will take place. Strictly technical the rise from Tuesday’s low point looks like a...

GBP/JPYDaily Pivots: (S1) 172.13; (P) 172.74; (R1) 173.12; Intraday bias in GBP/JPY remains neutral as the pull back from 173.95 continues. With 171.67 support intact, further rally is still expected....

EUR/USDThe euro was hovering close to its lowest level against the Swiss Franc in 20 months on Monday, after the Swiss National Bank pledged to maintain its cap on the franc by buying unlimited...

The U.S. Dollar remained high against the majority of its trading counterparts a day after economic reports revealed that Factory production improved, adding to evidence the U.S. economy is still...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.71% against the USD to close at 0.9345.LME Copper prices declined 0.55% or $ 38.5/MT to $ 6927.0/MT. Aluminium prices declined 0.24% or $ 5.0/MT...

For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9176.In the Asian session, at GMT0300, the pair is trading at 0.9178, with the USD trading tad higher from...

For the 24 hours to 23:00 GMT, the USD weakened 0.27% against the JPY and closed at 104.84.In the Asian session, at GMT0300, the pair is trading at 104.88, with the USD trading tad higher from...

For the 24 hours to 23:00 GMT, the GBP traded tad lower against the USD and closed at 1.6463.In economic news, the service sector activity in the UK expanded at the fastest pace in 10 months in...

For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3151, following report about a possible cease-fire agreement between Russia and Ukraine. The service sector in...

After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660,...

As quickly as the Australian dollar fell sharply back down below the 0.93, it has surged back higher just as quickly to return to its previous levels around 0.9340.   It enjoyed a solid...