Forex Opinion & Analysis

• Trend change likely in AUD/USD• No relief in FOMC minutes• USD/CAD consolidating within 1.0850-1.0940 rangeIt is the middle of another week characterised by sporadic bouts of...

Talking Points- USD/JPY faces the critical yearly low near 100.75. - AUD/JPY, EUR/JPY dive accelerate; GBP/JPY resilient. - The forex economic calendar lightens up in the North American session. The...

The Canadian dollar has posted modest losses on Wednesday, as USD/CAD trades in the low-1.09 range in the North American session.  In the US, the Federal Reserve releases its policy meeting...

AUD/USD continues to lose ground on Wednesday, as the pair trades in the low-0.92 range early in the North American session. The Aussie, which has dropped to three-week lows, remains...

USD/JPYThe Japanese yen is showing little movement on Wednesday, as USD/JPY trades in the mid-101 range late in the European session. In Japan, the BOJ issued a relatively upbeat policy...

The Bank of England Minutes from May 8-9 meeting prompted a pronounced British pound advance versus the US dollar. The fundamental developments coming out of the U.K. raise the prospect for a...

Source: FXTM AUD/USD D1 The Aussie has surprised in 2014. After depreciating 15% last year, many expected the AUD/USD to carry on moving lower. Indeed, the RBA even stated on several occasions that an...

Recent comments by the RBA sent the Aussie dollar through its bullish trend line. With recent economic data pointing to a worsening situation, the Aussie dollar is sure to fall further. Source:...

After failing to hold onto the 200 day M/A USD/JPY the market has traded lower. Now we are approaching the 100.80 break point, so a break of 100.65 will see the market fall lower. We will be looking...

Overnight, the Bank of Japan was mildly positive and made no adjustments to its policy mix, as expected. The latest statement was a bland one that noted the swings in the data caused by the...

Nowadays the forex market cannot be choosy; it will take any volatility that's on offer. Today's currency moves have mostly been guided by Central Bank decisions and rhetoric. The BoJ and BoE in their...

Talking Points:USD/JPY drops by over 40 pips following Kuroda comments BOJ refrains from further easing at their monetary policy meeting today The central bank has affirmed their optimistic...