Forex Opinion & Analysis

EUR/USDAfter starting the week above the 1.3800 handle, the pair was served with weakness towards the latter half of the week as expectations for ECB action next week weighed on the EUR. The dovish...

Next week will be one for the history books in Japan with the government gearing up to raise the sales tax for the first time in 17 years. The last time a politician in Japan dared to raise taxes was...

Currently we are at 170.23 in a nice bounce. This is a 2 part trade opportunity. 1) We are looking for a bullish continuation to the Day chart trend area @ 170.43-50 and 2) a pullback back to the...

Good afternoon, dear traders. Today at 11:30 (CET) we will see the UK (Current Account) data. This indicator is a quarterly measure of the difference between imports and exports of goods and services,...

It has taken awhile, but the forex market is finally moving, albeit slow, but moving. For the past five sessions the 18-member single currency had been relatively contained, knocking on it weekly low...

EUR/USD continues to lose ground on Friday, as the pair is struggling to stay above the 1.37 line in the European session. The euro has lost over one cent since Tuesday and remains...

The Canadian dollar strengthened this week against its U.S. counterpart on an improved economic outlook in the U.K. and U.S. Britain managed to avoid a triple-dip recession, recording a positive...

A strong UK retail sales report saw sterling stronger against the other majors, though it couldn’t catch up to the super-strong commodity dollars yesterday. EURGBP downside has picked up...

EUR/USDCurrent level - 1.3740 The downtrend after the recent failure at 1.3880 is intact, heading for a break through 1.3705, en route to 1.3641. Initial intraday resistance is projected at...

The intense volatility in emerging market currencies cost many carry traders dearly as the US Federal Reserve winds down its quantitative easing programme. However, that same shift in the monetary...

EUR/USDThe euro remained weaker against the dollar on Thursday after European Central Bank officials indicated earlier in the week that they are considering fresh policy options to stave off the risk...

Japanese retail sales fell less than expected last month to seasonally 3.6 percent against expectations to fall at 3.2 percent. Euro near three-week lows, currently trading at 1.3750 on speculation...