Forex Opinion & Analysis

USD/JPY: Strongest Rally Since 1988 On Widening Bond SpreadThe election of Donald Trump as U.S. president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon,"...

EUR/USD failed to sustain yesterday's gains as positive US data was released and especially after Fed Chair Yellen noted in her testimony that an increase in interest rates “could well become...

The markets “reflationary” trend remains in vogue, with the dollar continuing to make strong gains following last week’s U.S election, on expectations of hefty public spending will...

The Canadian dollar has ticked lower in the Friday session. Currently, USD/CAD is trading just above the 1.35 line. On the release front, Canada will publish key inflation data. Core CPI is expected...

EUR/USD Weekly The rate is currently testing the 2-year-long symmetrical triangle's lower boundary. As I have stated before - in the long term I am looking for a push lower towards the parity, and at...

USD/JPY continues to post gains on Friday, as the pair trades at 110.30. On the release front, there are no Japanese events. The sole economic release in the US is the CB Leading Index, with an...

EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0679 2nd Resistance: 1.0713 1st Support: 1.0614 2nd Support: 1.0555 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of the...

Key Points: Ascending channel remains intact. The pair is approaching a strong zone of support. Stochastics neutral. The cable has been faring better than most other pairs in the shadow of the...

EUR/USD has ticked lower on Friday, following sharp losses in the Thursday session. Currently, the pair is trading at the 1.06 line. On the release front, it’s a quiet end to the trading week,...

The US dollar marches on supreme today again Asia FX and G10 currencies, as both the USD Index (DXY) and U.S. 10-Year yields hit new highs.There seems to be a global competition on as to who can be...

Market BriefThe Japanese yen continued its free-fall on Friday as risk sentiment continued to improve. USD/JPY rose another 0.60%, reaching 110.93 - the highest level since early June this year, in...

The US dollar was seen trading above 101.00 in early Asian trading today spurred by positive comments on the economy by Fed Chair Janet Yellen. Testifying to the Joint Economic Committee at Washington...

The EUR/USD sold-off to 1.0582 as FOMC Chair Janet Yellen hinted at a Federal Reserve (Fed) rate hike in December. The widening policy outlook between the Fed and the European Central Bank (ECB) is...

Dollar bulls received ample encouragement on Thursday following Janet Yellen’s hawkish remarks at Congress which fortified expectations of a probable US interest rate increase in December....