Forex Opinion & Analysis

Traders chasing the Euro's bounce should be listening to the message of the market rather than bullish headlines that marginalize the consequences of Greek or any other EU member default.According to...

The dollar pared losses against the other major currencies on Thursday, after the release of mixed U.S. economic reports, although the Federal Reserve’s most recent policy decision to leave...

EUR/USD rallies as U.S. GDP worsensThe EUR/USD surged higher and crossed the 1.1400 zone on slowing US growth to reach 1.1415. The dollar index dropped more as weak US GDP data eased the Fed rate hike...

The dollar headed for its lowest close in almost a year as signs of slowing growth in the U.S. dimmed prospects for a Federal Reserve interest-rate increase. Stocks fell and commodities extended gains...

USD/JPYAll technical targets we suggested have been done as the pair has reached 106.90, which represents a strong purport zone. Now, we see contradiction between the negative signal on ADX and the...

It’s giddy times in Canada, with newly installed Prime Minister Justin Trudeau winning rave reviews at home and abroad, the nation’s economy generating some of the best positive surprises...

London Forex Report: In line with recent data weaknesses and the Fed latest assessment, 1Q GDP growth in the US economy tapered off more than expected to a two-year low of 0.5% QOQ, the first estimate...

The US dollar fell to an 8-month low on Friday as measured against a basket of currencies, as a dovish Fed and Bank of Japan inaction weighed on the greenback. The yen meanwhile extended...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7627. LME Copper prices declined 0.40% or $19.5/MT to $4912.5/MT. Aluminium prices rose 0.40%...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD to close at 1.2553, after the US economic growth rose less than expected in the first three months of the...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 0.9670. In the Asian session, at GMT0300, the pair is trading at 0.9646, with the USD trading...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 3.06% against the JPY and closed at 108.10. In economic news, Japan’s housing starts unexpectedly accelerated by 8.4% YoY in...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4608. In economic news, UK’s seasonally adjusted Nationwide housing price index advanced...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1353. In economic news, Germany’s seasonally adjusted unemployment rate held steady at an...