Forex Opinion & Analysis

Previous:Monday’s euro trades were calm. My market expectations rang true in full. The euro/dollar rate dropped to 1.1097 in the first half of the day and restored to 1.1159 in the second half....

EUR/USD is retesting the 1.110 level for support ahead of what could be the next leg up to test the 1.120 level. USD/JPY has turned bearish and is seen paring gains with support at 102, a break below...

The Reserve Bank of Australia is the first central bank to meet following the Brexit vote, and as widely anticipated it kept interest rates unchanged at 1.75%. The meeting comes at a time of political...

Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...

The following table lists the key economic data and other events that are due out during the week of July 4th – July 8th, with release times displayed for the GMT time zone.The list also...

The following table lists the key economic data and other events that came out during the week of June 27th through July 1st, with release times displayed for the GMT time zone. The list also...

The Australian dollar has posted considerable gains on Monday. AUD/USD is trading in the mid-0.75 range in the North American session. On the release front, Australian Building Approvals posted a...

I want to run this as a follow-up post to yesterday’s hung parliament blog and again focus on AUD/USD.The weekend gap that we spoke about yesterday was duly filled, and the doom and gloom that...

Key Highlights · Aussie dollar managed to recover against the Japanese yen, but facing a major resistance on the upside. · The AUD/JPY pair is currently forming a breakout structure on...

USD/JPY: The pair remains weak and vulnerable to the downside in the medium term. Thus development has left the pair targeting further weakness. On the downside, support comes in at the 102.00 level...

This article aims to provide price forecasts for currency exchange rates (forex) for August 01, 2016. Thirteen major currency pairs have been selected for forecasting.The table below shows the monthly...

Daily FX Wrap: Commodity currencies continue to grind higher; soft UK construction PMIs and EU Sentix, but EUR/USD looking better supported alsoAs expected, holiday thinned Monday trade was a quiet...

New York Forex Report: Quiet start to the week with US traders out for Independence Day. USD continues to weaken amidst a broad recovery in risk assets fueled by growing expectations of further global...

Corn declines as acreage risesCorn prices declined in US with improving weather and reduction in corn net long contracts by managed funds. US Department of Agriculture’s National Agricultural...