Forex Opinion & Analysis

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 123.99. In the Asian session, at GMT0300, the pair is trading at 123.94, with the USD trading...

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5616. Yesterday, the BoE minutes revealed that the central bank’s policymakers voted...

For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.0927. Yesterday, the Greek lawmakers approved second set of crucial reforms to secure and begin the €86...

The Australian dollar pushed higher in overnight trade on the back of a weak US dollar but has since retreated breaking back down through the US74.00c mark to trade at around US 73.70cAfter reaching,...

Data of Existing House Sale, Inflation Rate and House Price Index released yesterday all indicated that handicaps faced by American economy is retreating with strengthened USD, which on the contrary...

EUR/USDThe euro rose near one-week highs against the U.S. dollar on Wednesday, as demand for the single currency remained supported as Greek lawmakers prepared for a second vote on bailout reforms....

Market Recap & Outlook:The British Pound advanced during yesterday’s trading session after the release of minutes from the latest Bank of England meeting were published. Some were looking...

Having produced a classical 3-step countertrend decline to 1.0809 and already penetrated key-resistance at 1.0955/58 (pivot/minor 38.2 %), the odds of EUR/USD having launching a broader C-wave up to...

EUR/USDCurrent level - 1.0933 Yesterday's dip was limited above 1.0869 support and the outlook on the senior frames remains positive, for a break through 1.0965, en route to 1.1083. Crucial on the...

The dollar gained against most major currencies on Wednesday, after data showing that U.S. existing home sales reached the highest level since 2007 in June raising expectations for a rate hike by the...

The euro climbed against the dollar in early Asian trading after the Greek parliament approved the second set of measures required for the bailout talks to start with its creditors. The second bill...

EUR/USD pair had done in the past week correction up from low 1.08 to Mid 1.09 and to today or tomorrow should provide with some real money trades. From a fundamental point of view: In the early...

Trading the News: U.K. Retail SalesAnother 0.4% expansion in U.K. Retail Sales may heighten the appeal of the British Pound and prompt a near-term breakout in GBP/USD as it puts increased pressure on...

Talking Points:RBNZ cuts its Official Cash Rate 25 basis points from 3.25% to 3.00% Despite the rate cut, the New Zealand dollar climbs 1.3% versus the US dollar RBNZ rhetoric dovish but perhaps not...