Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at 1.0%...

For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8814. However, dovish comments from the Fed Chief, Janet Yellen, kept the greenback’s gains in check.Meanwhile,...

For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21.In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from...

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6803, after data showed that Britain’s unemployment rate unexpectedly dropped to a five-year low level of 6.9% in...

For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3825, shrugging off its former losses, triggered by the latest batch of soft economic releases from the Euro-zone...

In today's video, featuring yesterday's activity, I put one order on CAD/CHF, which you can find in the video below. Overall it was a good night for me, as my yen and pound positions moved in my...

EUR/USD Open 1.3816 High 1.3852 Low 1.3803 Close 1.3814On Wednesday EUR/USD continued trading within 50 pip range. The European currency depreciated from 1.3852 to 1.3803 yesterday, not matching the...

EUR/USD (daily chart shown below) has just rebounded off its 50-day moving average as it seeks potentially higher highs within a continuing bullish trend.This uptrend extends back more than nine...

Why the Fed is Happy with the Dollar CAD Sinks After BoC Lowers Growth Forecasts NZD: Hit by Drop in Milk Prices and CPI Miss AUD: Rebounds on Better Chinese GDP Data GBP: Strong Labor Data Drives...

EUR/USDA tale of rise and fall for the pair in today’s European session, as risk events failed to benefit the USD and inflation directs price action. Early news of a step-up in the Ukraine...

EUR/USDEuro completed the first structure of correction. We think, today price may return to level of 1.3850. Later, in our opinion, instrument may continue falling down towards level of...

The U.S. Dollar Index has not changed on Tuesday. In our opinion, the main economic data in the U.S. and the EU were not bad generally. Market participants just have not decided yet where to move. The...

Currently we are at 171.96 after the bounce.  We are still in a day chart wedge.  We are looking for a retracement and then a bullish continuation to the day chart top area @ 172.60. ...

The New Zealand dollar is trading lower intraday after softer than expected CPI figures for the New Zealand. The buyers are seen under pressure, and I think the down-move might continue in the...