Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1556.Losses were kept in check after Germany’s economic sentiment index rose to an11-month high reading of...

Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 66% accuracy. As we had thought Japanese yen did strengthen slightly against all other pairs while we were wise...

The pound-Canadian dollar is not a pair on many traders’ radars. But it is a volatile one and an old resistance line could provide an opportunity to grab some pips. Source: Blackwell...

Eurozone OutlookLow inflation continues to taunt the ECB despite some indicators picking up. The debate is now whether a QE programme is needed to boost inflation. GROWTH EXPECTATIONS: Eurozone GDP...

The NZD/USD has been ranging strongly over the previous month, between the 79 cent and 76 cent range as the market has lacked direction and today's CPI result will confuse the market slightly but...

NZD/CAD: Long The current pull back in the pair offers a good opportunity to step in. For that reason positions have been opened for this pair based on the analysis described in my article Weekly...

INTRADAY CHART BIAS: Am wary now and considering a sideways consolidation - potentially a triangleResistance: 1.5175-80 1.5199 1.5230-35 1.5260-68Support: 1.5137-41 1.5115-20 1.5093 1.5074MAIN...

Chris looks at the upcoming Wednesday session in the USD/CAD pair.Below you may find the video

The US Dollar rose against most majors as the IMF once again downgraded global growth prospects for 2015 and 2016. The US is the only major economy being upgraded, while the expected growth rate of...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Behind the Big Moves in Commodity Currencies CAD: Bank of Canada Could Cut Forecasts NZD: Dragged Lower by Dairy Prices and...

Another day, another decade high in the dollar. It’s business as usual for the world’s reserve currency today, led by dollar strength against the Japanese yen and commodity dollars....

The pound has posted gains on Tuesday, as GBP/USD is trading in the mid-1.51 range. In the US, as there was just one indicator on the calendar. NAHB Housing Market Index showed little change, with a...

Talking Points Potential double bottom Multi-year channel support in place Above 15268, resistance at 15425-15500 Cable is attempting to carve out a double bottom near major long-term support. Support...

Quantitative Easing is bad for currencies, right? By definition, QE is a policy that seeks to stimulate the economy by increasing the monetary base, or supply of money, in an economy, and as we all...