Forex Opinion & Analysis

How will the Dollar React to Payrolls? EUR Crashes - Top 10 Takeaways from ECB Meeting GBP: Has UK Growth Peaked? CAD: Holds Onto Gains as Investors Look Ahead to Canadian Jobs Data NZD: Sting of...

As go commodities so goes the AUD/USD. The recent pick up and bullish performance in commodities as a whole in Q1 of 14' have helped lift the Australian currency 6.9% in the last three months to the...

Talking PointsUSD reverses from key cycle turn window Key resistance awaits at 10,600 Last week we wrote a couple of notes on the potential for a low to be seen around 10,500 in the FXCM Dollar Index...

Swiss Franc – The US Dollar continues to hold important lows versus the Swiss Franc, and the fact that the recent USD/CHF reversal has occurred on a material shift in sentiment favors...

The GBP/USD lost ground on Thursday, as the pair dropped below the 1.66 level. In economic news, UK Services PMI fell short of the estimate. In the US, Trade Balance worsened and missed the estimate....

EUR/USDAs can be expected, the focus for the pair was very much placed upon the ECB rate decision. Despite a slew of Eurozone PMI Services releases, which came in relatively mixed, the pair resided in...

The USD/JPY remains at high levels as the pair trades just shy of the 104 line on Thursday. On the release front, there are three key events on the schedule - Unemployment Claims, Trade...

GBP/USDCurrently we are at 100.17 and back in the wedge. We are looking for a bullish continuation to the S4 area at 1.6555 and then looking for the breakout to finish wave 5 at 1.6424. The average...

EUR/USDCurrent level - 1.3762 The outlook is already bearish after the recent reversal at 1.3819, targeting 1.3704, en route to 1.3640. Initial intraday resistance lies at 1.3780, followed by the...

Forex News and Events: The ECB will give its policy verdict at 11:45 GMT and the ECB President Draghi will give his monthly press conference at 12:30 GMT. The week started with weak inflation figures...

Market BriefThe EM currencies are broadly weaker against USD today, the majority of G10 grind lower as 10 year US government yields rally above 2.80% in New York. Fed officials remain supportive of...

EUR/USD is listless on Thursday, as the pair trades in the mid-1.37 range in the European session. On the release front, Services PMIs out of the Eurozone were a mix. Eurozone...

Euro: $1.4000 resistance holdsEuro tried to extend the February rally in early March, but faced resistance at $1.3966 (Mar. 13 high) and retraced below the $1.3800 figure. Buyers failed to fix above...