Forex Opinion & Analysis

USD/JPYIn the U.S. session report yesterday, we said that USD/JPY might have found support at the corrective uptrend line seen on the chart. The pair has moved upwards after failing to reach 112.40...

The dollar held steady against the other major currencies on Tuesday, after the release of downbeat U.S. data, as investors returned their attention to the Federal Reserve’s policy statement on...

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.7465. LME Copper prices declined 1.48% or $74.0/MT to $4920.0/MT. Aluminium prices declined 1.60%...

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD to close at 1.3352. On the economic front, existing home sales in Canada advanced 0.8% MoM in February, following a...

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9869. In the Asian session, at GMT0400, the pair is trading at 0.9876, with the USD trading...

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 113.17. Yesterday, the BoJ Governor, Haruhiko Kuroda, indicated that it was theoretically...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.1108. In economic news, Eurozone employment rose by 0.3% QoQ in 4Q 2015, the same rate of...

AUD/USD is trading nicely higher since the start of the month, clearly in impulsive fashion from 0.7107. This looks like an extended wave, which typically occurs in the middle of a five wave move, so...

Yesterday’s Trading: On Tuesday the euro/dollar spent the day in a sideways trend with a 50 point range. The euro received support from the euro/pound which was up sharply after the publication...

Following two days of quiet, the markets will be gearing up for a lot of economic releases today. First the UK jobs report is due, with hawkish expectations of an increase in the average wages....

The US dollar pulled away from Tuesday’s lows in Asian trading on Wednesday as investors geared up for the Fed’s latest policy announcement later today. The greenback climbed to 113.69 yen...

FOMC Expectations: An inconsistent, mixed trading day for the US dollar yesterday and with more of the same expected heading into FOMC, keeping an eye on your major technical levels will be...

I had looked for steady trading yesterday, but my idea was for progress to be made. The market interpreted my “steady” as moving sideways in EUR/USD and USD/CHF it seems. The other pairs...

US Nobel Laureate and Economist Joseph Stiglitz Advised Shinzo Abe To Delay Sales Tax Increase & Focus On Fiscal SpendingIntra-Day Market Moving News and Views (USD/JPY)16 Mar 2016...