Forex Opinion & Analysis

Talking Points: Euro, Japanese yen Looking to Greek Debt Negotiations for Direction Cues Aussie and New Zealand dollars Slide on Risk Aversion, Soft Chinese Economic Data Greece is in the spotlight...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.93; (P) 182.92; (R1) 183.50; GBP/JPY drew strong support from 55 days EMA and recovered. But it lacked follow through buying through 184.99 resistance. At...

The EUR/USD pair has sold off sharply and reached major support from the lower line of a large descending channel visible on the monthly chart, at 1.0650.This is such an important support line that...

Sometimes these updates write themselves, especially when we are seeing a currency collapse in the way that the euro is at the moment. EUR saw fresh multi-year lows against most G10 currencies...

EUR/USD The euro trades in near-term consolidative phase around 1.07 handle, which was lost on yesterday’s extension to 1.0665. Tight Doji in Asian session confirms consolidation, with the...

EUR/USDThe euro slipped below 1.07 against the U.S. dollar on Tuesday reaching a 12-year low, as uncertainty of the euro zone's bond buying program combined with expectations of a pending interest...

GBP/USD Open 1.5074 High 1.5111 Low 1.5027 Close 1.5051 On Tuesday Pound/Dollar decreased with 80 pips. The Cable depreciated from 1.5111 to 1.5027 yesterday, in line with the negative money flow...

The euro continued its seemingly unstoppable slide during today’s Asian session dipping below the 1.07 mark against the US Dollar and trading as low as 1.0665. The euro also made an 18-month low...

The kiwi dollar has taken a bit of a hit on the charts over the last week as the market looks towards the RBNZ’s OCR decision tomorrow. Rates are not expected to be cut but the RBNZ will likely...

For the 24 hours to 23:00 GMT, the AUD weakened 0.79% against the USD to close at 0.7631.Yesterday, the RBA Assistant Governor, Christopher Kent stated that the Australian dollar was still having...

For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.2683.In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading 0.08% higher from...

For the 24 hours to 23:00 GMT, the USD rose 1.24% against the CHF and closed at 0.9986. The Swiss Franc lost ground, after the seasonally adjusted unemployment rate in Switzerland edged up to 3.2% in...

For the 24 hours to 23:00 GMT, the USD weakened 0.20% against the JPY and closed at 121.10.In economic news, machine tool orders in Japan registered a rise of 28.9% YoY in February, up from previous...

For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5069.Yesterday, the BoE Chief, Mark Carney, opined that it would be “extremely foolish” to cut interest...