Forex Opinion & Analysis

Ah! It was a steady day… at least for most of the day until the Fed threw a spanner in the works. I hadn’t known about the FOMC meeting and even if I had known I wouldn’t have...

The AUD/USD bounced strongly from 0.9321, suggesting that the pair remains in uptrend from 0.9208, the fall from 0.9437 would possibly be consolidation of the uptrend. Further rise to test 0.9437...

As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely the Aussie, the British pound, the euro and the...

What Did the Fed Say to Drive the Dollar Lower? GBP: BoE Could Still Raise Rates in 2014 EUR/CHF: No Surprises Expected from SNB NZD Boosted by Record Current Account Surplus AUD: Consumer Confidence...

The EUR/USD continues to hold within a consolidation. Today’s expectation is growth to 1.3586 level or higher. Then we expect developing ascending trend with 1.3676 as a target. In case it...

Talking Points EUR/USD consolidates above key pivot USD/CAD near low end of recent range SNB to be positive catalyst for EUR/CHF? Foreign Exchange Price & Time at a Glance: Charts Created using...

GBP/USD has edged lower on Wednesday, as the pair trades in the mid-1.69 range in the North American session. The pair briefly moved above the 1.70 early in the day but was unable to...

EUR/USDWith little macro or data to guide the pair, the EUR/USD has trended steadily upward, led in part by EUR positive inflows via the EUR/GBP cross as the dovish BoE minutes weighed on GBP. A...

EUR/USD Daily Analysis: Markets have moved sideways for the better part of June and we now find ourselves in a tight 1.3580-1.3500 range before the FOMC meeting today at 18:00 UTC. While we use...

AUD/CHFCurrently we are at 0.8386. We are looking for a bounce back to the 1.270 fibo area at 0.8458. The average daily true range (ATR) for the pair currently is 47 pips.

Forex News and Events: The FX markets are mostly focused on the FOMC decision scheduled at 18:00 GMT. The USD hawks are louder after the US inflation surprised on the upside yesterday. The Fed is...

Today during the London session the BOE meeting minutes were released, which revealed that all the committee members voted in favor of keeping the interest rates at 0.5%. The committee also voted for...

Today's market focus is all about the Fed and how aggressive they are likely to be. The fixed income market, in particular, has been pricing in a more forceful showing by US policy makers later this...