Forex Opinion & Analysis

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.26% against the JPY and closed at 108.34. In the Asian session, at GMT0300, the pair is trading at 108.58, with the USD trading...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.51% against the USD and closed at 1.4055, as the uncertainty around the “Brexit” continues to keep the Pound under...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1374, after the ECB Chief, Mario Draghi, stated that the Euro-zone is prone to challenges from...

The pound has proved to be one of the most reliable of short positions in the past number of months. Driving the prodigious fall from grace is an overwhelming and palpable fear over the economic...

Yet another bout of risk aversion during yesterday’s trading session saw USD/JPY continue its downward spiral, as well as the S&P 500’s amazing bullish run back to swing highs come to...

The Canadian dollar depreciated on Thursday as investors fled to safe havens following concerns about global growth. The USD gained versus the CAD as support from oil prices was not forthcoming after...

The US dollar has been falling significantly against the Singapore dollar for some time now, but the greenback is starting to look a bit feisty, so the market could turn right back around. The recent...

USD/JPY INTRADAY CHART BIAS: I feel we may see a limited recovery today Resistance: 108.45-57 108.90-96 109.30-35 109.55Support: 107.89-06 107.66 107.29-45 106.90-00 MAIN ANALYSIS: Oh gee…...

Revised short term Elliottwave structure suggests that rally to 113.8 ended wave ((X)). Wave (W) decline from there has an internal of a triple correction (WXYZ) structure where wave W ended at...

EUR/USD: Though EUR/USD continues to hesitate, it retains its broader uptrend. Support lies at the 1.1350 level where a violation will aim at the 1.1300 level. A break of here will aim at the 1.1250...

The dollar was virtually unchanged today still close to 5 month plus lows against its peers following the release of favorable US jobless claims data as the Federal Reserve’s latest meeting...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.In just over a week we have seen the dollar fall approximately 600 pips against the Japanese yen to its lowest level since...

Since the yen's low -- USD high -- at 125.86 in June 2015, USD/JPY has climbed about 15%.Since Jan. 29, 2016 -- when BoJ moved to negative interest rates -- the yen has climbed nearly 12%. Let's fully...

We have seen no specific trigger to GBP/USD huge drop as there has been no U.K. data to digest except for Services PMI. Recent BREXIT pools suggest the vote could go wither way as in the recent polls...