Forex Opinion & Analysis

The emerging-market currency sell-off has accelerated throughout trading in Asia on Friday, including the Indonesian Rupiah sinking to levels that prompted the Bank Indonesia (BI) to intervene and...

The Aussie bulls are getting trampled by the sheer volume of US dollar buying that’s occurring across the G-10 complex, in what is shaping up to be a painful week for the AUD.Dealers in New York...

The USD continues its post election rallyThe final two weeks of the U.S. presidential elections were filled with high stakes drama as another FBI investigation on the Democratic candidate’s...

Key Points: USD/JPY rallies due to an uptick in US Bond Yields. Pair reaching a key reversal point. Watch for a break of 106.20 to confirm a bearish bias. The global capital markets have been awash...

For the 24 hours to 23:00 GMT, the AUD declined 0.47% against the USD and closed at 0.7608. LME Copper prices rose 5.3% or $284.0/MT to $5619.0/MT. Aluminium prices rose 2.0% or $35.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3468. On the data front, Canada’s new housing price index rose by 0.2% MoM in September, meeting market...

For the 24 hours to 23:00 GMT, the USD rose 1.04% against the JPY and closed at 106.74. In the Asian session, at GMT0400, the pair is trading at 106.47, with the USD trading 0.25% lower against the...

For the 24 hours to 23:00 GMT, the GBP rose 1.05% against the USD and closed at 1.2543. In the Asian session, at GMT0400, the pair is trading at 1.2555, with the GBP trading 0.1% higher against the...

The European currency declined against the US dollar on Wednesday and hit a low of 28th of October. Although in the first half of the day euro reached highs of September, in response to a very...

Short Term Elliott wave cycles suggests that decline to 1.418 ended wave W and bounce to 1.4885 ended wave X. Decline from there is unfolding as a double three where wave (w) ended at 1.407.Wave (x)...

GBP/JPY: The cross remains on recovery after rejecting lower level prices on Wednesday. On the downside, support comes in at the 133.00 level where a violation will aim at the 132.00 level. A break...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors continued to buy U.S. dollars Thursday, 48 hours after the 2016 Presidential election. We didn’t get a chance...

The EUR/USD had a big bar yesterday. It has had many in its 18-month trading range. Yet, each failed to create a breakout. The EUR/USD Forex chart rallied 200 points on the initial election results....

Not a huge amount of news or data to trade off today, but in the wake of US President elect Trump’s victory, much of the market is catching its breath. However, the overall theme has been that...