Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the AUD weakened 0.21% against the USD to close at 0.9226.LME Copper prices rose 1.5% or $104.5/MT to $6945.5/MT. Aluminium prices advanced 1.8% or $31.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.0892.In economic news, Canadian retail sales unexpected dropped 0.1% (MoM) to C$41.07 billion in March, following...

For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.8944, as traders cheered the latest batch of strong US manufacturing and housing data.In the Asian session, at...

For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 101.77, buoyed by the recent batch of strong US manufacturing and housing data.Yesterday, the BoJ, in its...

For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.6867, as the latter benefited from a strong US manufacturing and housing data.In the UK, the BoE Governor, Mark...

For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.3655, hurt by the latest batch of soft economic releases from the Euro-zone and its member nations. Data showed...

Good morning! Hope all is well. Yesterday’s forecast was on the border with approximately 4 pairs out of the 7 moving in the directions that we had predicted and then markets turned around...

Daily FX Market Roundup for 05-22-14Dollar: Uninspiring U.S. DataEUR to Drift Lower Ahead of June MeetingGBP: Hit by Rise in Public Sector BorrowingCAD Shrugs Off Decline in Retail SalesAUD: Shakes...

I’m quite satisfied with yesterday’s analysis. There were a few tweaks but within the options open. There is an interesting confluence of patterns that threaten to make the next day or two...

Dollar Rebounds, Uninspiring U.S. Data EUR to Drift Lower Ahead of June Meeting GBP: Hit by Rise in Public Sector Borrowing CAD Shrugs Off Decline in Retail Sales AUD: Shakes Off Stronger Chinese...

The Demise Of The USD? Charts created using Omega TradeStation 2000i. Chart data supplied by Dial Data In one of the biggest deals of the century, China and Russia have signed a $400...

EUR/USDThe euro is under pressure and continues falling down towards level of 1.3580; this descending structure may be considered as the fourth correctional wave. Later, in our opinion, instrument may...

The Canadian dollar is flat on Thursday, as USD/CAD trades just above the 1.09 line early in the North American session. It's been a disappointing day on both...

EUR/USDThe pair failed to benefit from the outperformance of EUR vs. GBP and trended lower throughout the session, as somewhat mixed EU based PMIs reinforced the growing consensus view that the ECB...