Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3425. On the data front, Canada’s annualised gross domestic product (GDP) rebounded by 3.5% on a...

For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 1.0162. The Swiss Franc lost ground, after Switzerland’s KOF leading indicator unexpectedly dropped to a level of...

For the 24 hours to 23:00 GMT, the USD rose 1.67% against the JPY and closed at 114.37. In the Asian session, at GMT0400, the pair is trading at 114.23, with the USD trading 0.12% lower against the...

For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2511. Yesterday, the Bank of England, in its financial stability report, stated that outlook for UK’s financial...

For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0602. In economic news, data indicated that the Euro-zone’s flash consumer price index (CPI) climbed to its...

Yen Near Support, Breaking Out In the last post, we suggested to buy USD/JPY in case low volume down bars (no-supply bars) showed up near the previous resistance level at 111.8. Many low volume down...

Before October 1997, what would become known as the Asian flu was just another opportunity for the mainstream to dismiss what many people, including many prominent, competent people, had been warning...

Key Points: Technical forces could explain the pair’s defiance of last session’s bias. Bullish channel remains intact and ABC wave is now forming. Parabolic SAR signalling the recent...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The OPEC meeting may have been the main focus Wednesday but the soaring U.S. dollar was the big story. The greenback ripped...

OPEC dominated mood lifts risk sentiment. Selective CAD gains at the end of the day as the USD wins out overall - again. US yields dominate despite oil price lift, with USD/JPY now through 114.00....

The daily EUR/USD has been in a trading range for 9 days. The bears see a bear flag. The bulls probably will need a test down and a major trend reversal before any significant rally. The EUR/USD has...

Europe to an American is a hard place to understand. Each country is about the size of one of our states. They have sports fans that sing national songs and support their national team without...

Between 2001 and 2011, gold was much stronger than the US dollar. Since 2011, King Dollar has been much stronger than gold. An important “support test” is in play right now in the Gold/USD...