Forex Opinion & Analysis

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.How Far Will the Dollar Correct? EUR Bounces But Greece Still a Problem USD/CAD Retreats Ahead of Rate Decision AUD: All Eyes on...

“The market hates uncertainty” is a dull cliché for experienced traders, but that doesn’t mean it isn’t useful. Of course, “uncertainty” is an unavoidable...

There were plenty of market moving releases that helped to kick start North American trade this morning as US Retail Sales and Producer Price Index both ushered the USD lower by failing to live up to...

Talking Points EUR/USD falls to lowest level in three weeks GBP/USD prints lowest level in almost 5 years USD/JPY stuck at a long-term crossroads Foreign Exchange Price & Time at a Glance Charts...

The possible inverse head and shoulders highlighted yesterday was completed this afternoon thanks to the release of a weaker US retail sales report.Coming in at 0.9%, below expectations of 1.1%, the...

Talking Points March US Advance Retail Sales miss at +0.9% m/m. Data shows US economy started to recover after winter weakness. EUR/USD jumps above $1.0600 after US yields fall. After several weeks of...

Hopes were high heading into today’s US Retail Sales report, with analysts expecting that the primary measure of the consumers’ health would bounce back to 1.0% m/m after three consecutive...

After hitting a fresh five-year low at 1.4565 only at the beginning of the week, the GBP/USD appeared dangerously close to re-entering 1.45 after declining to 1.4602 following further weak UK...

EUR/NZDCurrently we are 1.4171. We are looking for a continuation BELOW 1.4100 to the 1.4000 area with an overall target @ 1.3891. The average daily true range (ATR) for the pair currently is 94...

U.S Retails sales releaseKoichi Hamada, an adviser to Japan’s Prime Minister Abe stated yesterday in a Bloomberg interview that the yen at a level around 105 would be appropriate. He also said...

Market BriefYesterday was supposed to be a quiet day in the FX market, this was without reckoning with Koichi Hamada’s interview on Japanese TV. Prime Minister Shinzo Abe's adviser declared that...

The USD/JPY pair is trading below the downward trend line on a 30 minute time frame. This means that the trend is towards the downside and as long as the price is trading below this trend line, the...