Forex Opinion & Analysis

On Friday, the USD rose 0.22% against the CHF and closed at 0.8960.In the Asian session, at GMT0300, the pair is trading at 0.8950, with the USD trading 0.11% lower from Friday’s close.The pair...

On Friday, the USD strengthened 0.20% against the JPY and closed at 102.14.During his speech to an annual meeting of trust association, the BoJ Governor Haruhiko Kuroda, indicated that the central...

On Friday, the GBP fell 0.19% against the USD and closed at 1.7006. At a newspaper interview, BoE’s Chief Economist, Andy Haldane hinted that the central bank is under no pressure to raise its...

On Friday, the EUR declined 0.15% against the USD and closed at 1.3589, as ECB policymaker, Yves Mersch, opined that the Euro-zone economy had not yet exited its financial and economic crisis while...

Talking Points:Aussie and Kiwi Rise as Chinese Manufacturing PMI Data Tops Forecasts Euro May Look Past PMI Data Set, Focus on Commentary from ECB Officials US Dollar Looking to Home Sales,...

According to the recent CFTC report, hedge funds and other speculators have now turned negative on the euro by around 10 billion dollars. Bears are chasing the price lower as the...

AUD/USD In the early hours to start this new week, the Australian dollar has surged higher however it has yet again run into a wall of resistance at 0.9425. It did well at the end of last week to...

The USD/CHF failed to break below 0.8907 support, indicating that lengthier sideways movement in a range between 0.8907 and 0.9036 is underway. Another rise to test 0.9036 resistance is possible, a...

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators decreased their US...

There were three important price developments among the major currencies in the past week.First, encouraged by more hawkish signals from the Bank of England, in contrast to the Federal Reserve, Bank...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3598 after a breakout down. A couple of different scenarios: 1: bullish: a corrective move to the chart trend line at 1.3726...

Will Euro Be Able to Survive the Week Ahead? Don't Expect Much from the Dollar GBP: Still Waiting for the Clean Break Strong Data Drives USD/CAD Through 1.08 NZD: Job Ads Decline but Confidence...

The EUR/USD is continuing to move in ascending impulse with 1.3660 as a target. Breakout of 1.3680 is not excluded. After that possible scenario is correction to 1.3580. In case it happens, we may see...

EUR/USDThere was little in terms of EU specific commentary this week which meant that the price action by the pair was largely driven by non-EU specific factors. Specifically, despite underperforming...