Forex Opinion & Analysis

GBP/USD: Having GBP/USD taken back its losses to close higher on Tuesday, further bullishness is envisaged. On the downside, support lies at the 1.4550 level where a break will turn attention to the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It took no more than 3 minutes for USD/JPY to fall 300 pips with the sell-off spilling over to the yen crosses. The meltdown in...

Much of Thursday’s trading session was dealing with the aftermath of the BoJ inaction, where widespread expectations of fresh stimulus were dashed, sending the JPY sharply higher against all...

Awaiting Reserve Bank of Australia meetingSignificant economic data were released on Wednesday in Australia – inflation unexpectedly edged lower in Q1 2016. Now market participants assume the...

GBP/CHFCurrently we are 1.4093 after breaking out of the rising wedge, but still in a large range. We are looking to continue to the 0.618 /Fibo at 1.4017 and stall or bounce there. The average daily...

Yen crosses fell heavily after BoJ decided no to go with more stimulus for now. The drops were direct and that means - VERY strong, without any retracement. Nikkei was slaughtered too. BoJ appeared...

“Kuroda, what are you thinking of?” This is the question most traders are arguing at the moment after BoJ stood pat on monetary policy, leaving three key monetary policy tools unchanged....

Yen strengthens as BOJ maintains policy balance rateThe Japanese yen surged higher as the Bank of Japan (BOJ) left monetary policy unchanged. The BOJ was away from further easing and forecasted that...

Contrary to our expectations and a majority of economists' surveyed by Bloomberg, the Bank of Japan (BoJ) this morning kept monetary policy unchanged, maintaining asset purchases at JPY80trn per year...

A temporary return of relative rates as a driver of EUR/USD could send the cross lower in 3M as the Fed is priced more aggressively.We maintain, however, that the cross is set to see a continued...

The Federal Reserve's policy making Federal Open Market Committee left short-term interest rates unchanged Wednesday as expected, but adjusted its policy statement, possibly preparing financial...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.87% against the USD to close at 0.7603. LME Copper prices declined 0.07% or $3.5/MT to $4932.0/MT. Aluminium prices rose 0.64% or...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2588. In the Asian session, at GMT0300, the pair is trading at 1.2598, with the USD trading...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9709. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator...