Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9225, rebounding from its previous session losses.In economic news, Switzerland’s SECO consumer confidence index...

For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 119.72.In the Asian session, at GMT0300, the pair is trading at 119.96, with the USD trading 0.2% higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.87% against the USD and closed at 1.5374, after the first exit polls showed that Britain’s Prime Minister, David Cameron would retain his power.In...

For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.1239.In economic news, German factory orders rose 0.9% on a monthly basis in March, following two successive...

Talking Points: USD/JPY Technical Strategy: Flat Support: 119.30, 118.78, 118.02 Resistance: 120.79, 121.55, 122.31 The US Dollar found interim support after three consecutive days of losses...

Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11736, 11688, 11638 Resistance:11839, 11901. 11951 The Dow Jones FXCM US Dollar Index paused to...

Talking Points: USD/CHF Technical Strategy: Flat Support:0.9062, 0.8967, 0.8891 Resistance: 0.9225, 0.9320, 0.9474 The US Dollar found interim support below the 0.91 figure against the Swiss...

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5308, 1.5224, 1.5088 Resistance: 1.5444, 1.5554, 1.5664 The British Pound has moved to challenge April’s highs against the...

While recent US data releases have weighed on the US dollar, USD/JPY has been relatively supported by the lingering JPY selling flows of Japanese investors and companies, notes Bank of Tokyo...

Despite ECB QE trades coming under pressure, BNP Paribas (PARIS:BNPP) rates strategists note that the rise in euro rates comes during the month with positive net supply balance even after ECB QE...

The European currency is slowly growing against the USD and is now traded at the level of 1.1350. It seems that investors got used to the problems in Greece and stopped taking notice of them....

The UK Parliamentary election is the key focus of the day and opinion polls have so far showed no single party will win enough seats to govern alone, with a form of minority government looking as a...

Retail forex trading crowds remain heavily long US Dollar Contrarian view of sentiment leaves us in favor of selling Dollar weakness One-sided forex trading crowd sentiment continues to point to US...

OverviewThe USD-index initially trended lower earlier in today’s sessions continuing the downward trend following yesterday’s weak ADP Employment figures, only to reverse course after...