Forex Opinion & Analysis

USD/JPY rallied just over 2% as some of the key JPY crosses that we follow saw rallies of 3% or more. All coming on the back of simply the prospect of new stimulus from Japan, switching forex markets...

The spot forex market volumes flashed back to life over the past 24 hours, with the focus on USD/JPY. Japan’s stimulus package and a massive wave of positive risk sentiment have spurred Wall...

Whoa… that was one wacky day. That USD/JPY seemed to be fueled by a rocket was the highlight, closely followed GBP/USD – that triggered a healthy rally in GBP/JPY. Interestingly, as an...

EUR/USD: With the pair rejecting higher prices to close lower on Tuesday, more weakness is likely. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Short covering sparked strong rallies for most of Tuesday's major currencies. Both GBP/USD and USD/JPY soared more than 2% as...

We are looking higher on xxx/JPY pairs since risk on trades are correlated with lower safe heaven currencies which are JPY. As we said earlier we will look for the ABC pullback and try to make a trade...

Three weeks ago, the weekly chart of the EUR/JPY Forex market had the biggest bear bar in a tight bear channel that lasted more than 20 bars. In fact, the channel lasted more than 50 bars. This bar is...

The GBP/JPY aka "the Dragon" has a strong correlation with equities. Last night Japan, HK and Australian markets went up due to commodities prices up, abenomics in Japan, and follow through risk-on...

EUR/GBPCurrently we are 0.8441 after a breakout of the channel. It appears the correction is starting. We are looking for a continuation to the 0.214 Fibo @ 0.8241 with a further target to the 0.500...

US demand for gas may slump as production hits highNatural gas price fell 6% last week in US. Its production volumes total 73.1bn cubic feet which is close to historical high hit last year. The gas...

The British pound has posted considerable gains on Tuesday, as GBP/USD has climbed to 1.3140. On the release front, the Bank of England released the minutes from its previous Financial Policy...

Risk on sentiment continues to thrive across the various asset classes.For a second consecutive session, political clarity and stronger fundamentals are temporarily providing the market with support....

Key quotes from the Lloyds Bank (LON:LLOY) FX report: Rising Tide Lifts All BoatsThe broad US equity index, the S&P 500 traded new all-time highs yesterday – the rally lifting the sentiment...