Forex Opinion & Analysis

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 115.19. On the economic front, Japan’s preliminary estimate of machine tool orders recorded a...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.4467, after UK’s total trade deficit declined more than anticipated to £2.71 billion,...

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1290. In economic news, Germany’s seasonally adjusted industrial production surprisingly...

Investors and policymakers continue to wrestle with the economic impact of the dollar's rise. The Federal Reserve has argued that the dollar's appreciation acts as a headwind on exports and dampens...

The Australian dollar is holding steady today awaiting a speech later in the afternoon by US Fed president Janet Yellen while also being bolstered by a round of strong local data.At 3.18pm (AEDT) the...

Chris takes a look at the Wednesday session in the USD/JPY pair. This is a market that looks like it’s on the precipice of falling apart. Ultimately though, this will come down to risk appetite...

New York Forex Report: Following the big moves we saw yesterday across the GBP and JPY pairs, driven by an aggressive sell-off in oil and equities, markets have been calmer across early European...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Markets are falling and the yen is rising. Since the beginning of the month, the Japanese yen is up more than 5% against the...

Growing risk aversion amongst investors due to the extremely challenging global environment has served to push the yen drastically higher against peer currencies, even after an aggressive cut to...

USD/JPYThere is a black scenario in game at USD/JPY and today price reached 14-months low. It have to be noted that such scenario was indicated in the last week's analysis. I wrote: "Currently price...

As a trader, it’s difficult to predict the impact of a major trading hub being closed. More often than not, it leads to slow, lackluster trading conditions as traders focus on enjoying their...

The 2nd leg up on the daily chart of the EUR/USD is continuing. The next target is the October 14 lower high just below 1.1500, and then the August 24 lower high around 1.1700. The bears need lower...

After some early calm in London, negative sentiment took over again. FX drivers switched between USD selling and equity markets, but in the former case, the USD/JPY sell off allied to a EUR/USD rally...

On the intraday chart of AUD/USD, we expect price to make a pullback in the corrective wave B in three legs and wave C down to follow. Larger time frame structure is a triangle, a contionuation...