Forex Opinion & Analysis

Talking Points: FX Markets to Look Past BOE Rate Decision, Focus on Greece News-Flow Australian Dollar Down After Soft Data Revives RBA Interest Rate Cut Bets A monetary policy announcement from...

Positive data from both the Eurozone and mixed data from the U.S., supported both the dollar and the euro, however the latter received an additional boost by optimistic comments from ECB President...

US dollar remains under bearish pressure for a second day in a row with the USD index falling below 96. Even the strong statistics fails to support the greenback: trade deficit narrowed, while the ADP...

The euro was consolidating the previous day’s huge gains versus the US dollar, while making a fresh 5-month high versus the yen above the psychologically important 140 level. euro bulls were...

After snapping an aggressive seven-day losing streak, any hopes for the Cable to rebound significantly ended sharply following an unexpected Services PMI miss from the UK economy. Although a Services...

EUR/USDEuro surged on Wednesday, moving back above 1.12 for the first time in 10 sessions, as Greece inched closer to striking a deal with its creditors and ECB President Mario Draghi triggered a bond...

For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456.Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in...

For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9339.In the Asian session, at GMT0300, the pair is trading at 0.9345, with the USD trading 0.06% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.5328, as Britain’s services PMI suffered its sharpest slowdown in nearly four years in May.Data released showed...

For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi.Yesterday, the ECB President stated that the...

USD/JPY severely overbought, and is in need of a correction lower. Failure to get back above 124.45 today targets 124.15/10, then 2 day lows at 123.77/74. Be ready to sell a break below here to target...

Good morning. Hope all is well! We have had a moderate forecast with a 57% accuracy. US dollar had gained some strength while Japanese yen was more sidelined. Today we could be in a for a volatile day...

EUR/USD Open 1.1261 High 1.1285 Low 1.1091 Close 1.1268 On Wednesday Euro/Dollar increased significantly with almost 200 pips. The European currency appreciated from 1.1091 to 1.1285 yesterday,...

CHF/JPY: Long Little changes compared to yesterday. Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until last week and is now back high in the Top 10 with a...