Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5145.Yesterday, the BoE Governor, Mark Carney, in a press conference stated that the UK economy was expanding...

For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1279.The greenback traded on a stronger footing after the Fed in its first monetary policy meeting of 2015...

Important news came out today for the USD and the NZD. The chosen pairs for trading showed more volatility but further the situation remains the same compared to yesterday.NZD/CAD: Long The pull back...

USD/JPY holding below 117.75/70 targets support at 117.35/25. On a break lower this week look for good support at 117.00/96. Try longs with stops below 116.80. Be ready to go with a break lower using...

GBP/USD is overbought short term & failure to beat first resistance at 1.5155/45 targets our buying opportunity at 1.1520/1.1515. Try longs with stops below 1.1500. However a break lower targets...

EUR/USD failure to beat first resistance at 1.1320/15 sees a retest of support at 1.1275/70. A break lower today targets support at 1.1235/30. Any longs here need stops below 1.1195/90 to target...

- German Unemployment to Contract for Fourth Consecutive Month in January.- Jobless Rate to Hold at Record-Low of 6.5% for Second Month. Trading the News: German Unemployment Change Another 10K...

A little shine came off the greenback yesterday, as it lost ground against all major currencies except the Swiss franc, which was hard-hit by the manoeuvring of it’s central bank. Some analysts...

Australia 200 for Thursday, January 29, 2015In the last week or so the Australian 200 index has done well and surged higher to move back above the key 5400 level to a two month high just above the...

AUD/USD for Thursday, January 29, 2015The last week has seen the Australian dollar fall very sharply and break lower from the trading range that had been established roughly between 0.8050 and 0.8200....

Chris looks at the upcoming Thursday session in the EUR/USD pair, as the FOMC looks to stay the course, and the ECB expands QE.Below you may find the video

The market did not get significant news from the January FOMC meeting. The committee said in its statement “it can be patient in the beginning to normalize the stance of the monetary...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Big Moves After a Short, Sweet FOMC Statement New Zealand Dollar Crashes after RBNZ USD/CAD Hits Fresh 5-Year High on Lower Oil...

Despite the lack of market moving economic releases being revealed this morning, it is still a buzzy morning in North American trade. The reason why spirits are high is due to the Federal Reserve...