Forex Opinion & Analysis

We seem to have had a moderate forecast for yesterday with 4 out of the 7 pairs behaving as predicted. This was due to US Dollar strengthening slightly instead of weakening as we had thought. Also...

In a month some might label dull given tepid volumes , the dollar index is doing something somewhat interesting, says JP Morgan."It is posting four consecutive weekly advances and its largest monthly...

We quietly await data from US tonight, whilst technically there is a clear line in the sand for the bulls and the bears.Below you may find the video

USD: Previously I had been seeking a major cycle low around Aug-Sep but now reconsidering the fact we may have seen this in April.Below you may find the video

A snapshot view of yesterday’s New York - London session with technical notes.US consumer confidence at its highest since Oct 2007, coming in well above expectations of 85.5 at...

The Australia 200 Index will be looking to see if it can maintain the break above 5550 after reaching a six year high in the middle of last week and a new high again today.  In recent weeks...

EUR/USDCurrent level - 1.3431 The overall outlook here remains bearish, for a slide through 1.3380, en route to 1.3280 support zone. Initial minor resistance lies at 1.3450, followed by the major one...

Yesterday was a day like any other day. We had similar development, similar slow but steady gains in the Dollar that hit some interesting targets in some currencies, not in others. I am encouraged by...

The EUR/USD's downward movement from 1.3650 extended to as low as 1.3403. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...

Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Dollar: The One Thing the Fed Could Say to Rock FX EUR: German Yields Hit Record Lows on EU Sanctions Sterling Rejects 1.70,...

EUR/USD continues consolidation at current minimums. In our opinion, descending structure is being formed. Double inverted top may be formed. The basic scenario for this currency pair is the forming...

While other Currencies Emerge as an Alternative to the US Dollar, Gold will also Benefit.Last week, the main drivers behind the gold prices were the situation of the Malaysian Airlines jet downing in...

The USD/INR pair fell over 0.3 percent for the week, posting its first weekly loss in three in a week dominated by flows rather than major events or factors. The Indian rupee ended marginally higher...

James Kynge writing in the Financial Times in early June (June 6, US warming to the redback from China trade) that "China's renminbi is rapidly displacing the dollar as a trading currency...