Forex Opinion & Analysis

As we noted Wednesday morning, traders are hyper-focused on Thursday’s ECB meeting as the most market-moving fundamental event this week, though there’s certainly a risk that the central...

The Australian dollar has posted slight losses on Wednesday, as AUD/USD trades at 0.7220 in the North American session. There are no Australian economic releases on the schedule. Over in the US, Crude...

In Switzerland, both Exports and Imports rose between August and September; however, on an annual term, the indicators declined. Exports fell by 2.9% to CHF 16.95 billion, while Imports fell by 1.5%...

Antipodean counties see notable weakness, while CAD is the underperformer after a dovish BoC statementFollowing early strength in the session on touted short-covering ahead of tomorrow's ECB meeting,...

The US Dollar Index hit a low in 1995, a high in 2002, a low in 2008, and a recent high in 2015. Examine the following 20 year chart of the dollar. Note that the vertical blue lines are 79 months...

My wife’s grandfather lives alone.That probably seems like an unusual way to begin an article about European monetary policy and EUR/JPY, but bear with me. Whenever we visit Walter, he is so...

Currently we are at 1.5718. We are looking to continue to the R5 resistance area at 1.5871 with an overall target at 1.6000. The average daily true range (ATR) for the pair currently is 189 pips.

Despite softer than expected loan demand the pound appears to be strong as yield differentials are the UK currency to gain traction against the greenback. Sterling has been one of the best performing...

GBP/USD is unchanged on Wednesday, as the pair continues to have a very slow week. In the European session, GBP/USD is trading at 1.5450. In economic news, the British deficit narrowed to 8.6 billion...

The Canadian dollar is steady on Wednesday, as USD/CAD trades at the 1.30 line in the European session. Canadians voted in a new government on Monday, as the Liberal party, headed by Justin Trudeau,...

The mounting concerns about the economic deceleration in China combined with renewed debates over the accuracy of its Q3 GDP release of 6.9% have resulted in the Shanghai Composite Index concluding...

The cycle of accumulation and distribution defines countertrend rally within cause (building)/distribution for the Canadian Dollar (FXC).The Canadian Dollar has been building cause since 2009. This...

AUD/USD: The pair remains weak and vulnerable to the downside triggering further weakness during Wednesday trading session today. This is coming on the back of its failed recovery attempt on Tuesday....

Main focus will be on the BoC monetary policy announcement. In line with consensus, markets expect them to leave monetary policy unchanged. More importantly, however, economists expect the central...