Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.84.On the economic front, Japan’s economy watchers’ assessment of current conditions improved, while...

For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.7134, after disappointing industrial and manufacturing data from the UK. The industrial production in the UK declined...

For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.3607, as an official report revealed that German trade surplus widened more than market expectations for May, even as...

NZD/USD upside threat to multi-decade, secular high from 2011We stated in our last client report that “whilst holding ahead of a better foundation at [the consolidation line, now .8700], we...

The GBP/USD dipped below Thursday's low at 1.7097/92 but recovered above 1.7125/20 to show bulls are still in control of any profit taking. If we can hold above here this could allow a retest of the...

GBP/USDOpen 1.7128 High 1.7149 Low 1.7084 Close 1.7129On Tuesday the GBP/USD continued decreasing with 65 pips. The Cable depreciated from 1.7149 to 1.7084 yesterday, in line with the negative money...

We seem to have had a good forecast for yesterday with 4 out of the 7 pairs conforming to our forecast, especially the EUR/USD, GBP/USD, USD/CAD and USD/CHF. The Oceanic pairs didn’t make any...

As we search for trade ideas to add to our FX portfolio it is difficult not to be drawn to the US Dollar and its role it could potentially play in reviving the volatility in the markets.The past few...

The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered yesterday as it almost on cue, returned to its more...

To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week which saw it drop two a two week low just above 0.93. The...

BIAS: The correction higher should continue but will still be choppy.Resistance: 1.3620-27 1.3634 1.3653-64 1.3675 Support: 1.3601-06 1.3587-89 1.3575 1.3552-61MAIN ANALYSIS: EUR/USD gains seen to...

The GBP/USD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6692, the fall from 1.7179 could be treated as consolidation of the uptrend. Support is located at the bottom...

Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Dollar: Hit by Slide in Yields, Vulnerable to Further Losses GBP Recovers From Surprise Decline in Industrial Production EUR/USD...

The following are the latest forecasts for major currencies as provided by CIBC World Markets. Original Post