Forex Opinion & Analysis

Much of the recent weakness in equities -- particularly Japanese equities -- can be attributed to a weakening dollar vis-a-vis the Japanese Yen. Looking at this cross-rate, it seems poised to...

EUR/USDEuro extended its ascending structure and right now is forming consolidation channel inside new descending structure to reach the first target at level of 1.3740. Later, in our opinion,...

The AUD/USD continues to push upwards, as the pair trades in the mid-0.93 level. The Aussie has gained over 100 pips since Monday, as the currency trades at five-month highs against the US...

EUR/USDThe pair felt the effects of light news flow and light volumes ahead of the FOMC minutes, yet was still supported by reports of strong demand for the new Greek bond, to be issued tomorrow, with...

USD/CHFCurrently we are at 0.8828 and trying to break support. We are looking for a continuation to the S5/ .0618 Fibo area at 0.8787 and - the next target the 0.786 Fibo at 0.8748.The average daily...

EUR/USDCurrent level - 1.3793 Yesterday's break through the dynamic resistance at 1.3775 signals a positive bias for further appreciation, through 1.3820, en route to 1.3880. Initial intraday support...

Forex News and Events: The heavy sell-off in USD decelerates before the release of the FOMC minutes from March 18/19 meeting. The hawkish shift already priced in, we will be closely looking at the...

Market BriefThe overnight trading session was dominated by extension of USD sell-off. The commodity currencies outperformed their G10 peers. The Kiwi hit a fresh 32-month high of 0.8707 versus USD....

The subtle forex squeeze remains with currency performances being mostly influenced by credit spreads so far this week. This morning's Euro session has managed to follow up another night of mixed...

The Nikkei 225 plummeted last night, and not surprisingly either as equity markets took a bit of a pummeling and as the Japanese Yen fell. I have talked previously about the correlation between the...

Market Drivers April 09, 2014 Aussie hits highest mark since November 2013 UK Trade data slightly better, USD/JPY rebounds to 102.00 Nikkei -2.10% Europe 0.42% Oil $102/bbl Gold $1309/oz. Europe and...

The current situations of the European and Japanese economies are not making any other major economies envious. Talk of deflation, stagnation, stimulation and growth expectations show the parallels...

The Aussie dollar continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a wide spread up candle on the daily chart, surging through...