Forex Opinion & Analysis

On Friday, the USD declined 0.14% against the CHF and closed at 0.9314. The Swiss Franc gained ground, after the Swiss industrial production grew at a faster rate, increasing 3.1%, on a quarterly...

On Friday, the USD weakened 0.28% against the JPY and closed at 105.09. Japan’s leading economic index advanced to 106.5 in July, compared to a reading of 105.9 in the prior month, while the...

On Friday, GBP traded marginally higher against the USD and closed at 1.6326, after the BoE’s latest survey raised its UK consumer inflation expectations for the next 12 months to 2.8%, from...

On Friday, EUR rose 0.12% against the USD and closed at 1.2951, after in Germany, Euro-zone’s biggest economy, the industrial production rose 1.9%, on a monthly basis, in July, marking its...

The US Core Retail Sales could provide the momentum to push USD further as recent market sentiments have been shifting towards more pro USD. A stronger release is obviously positive for the USD...

RBNZ Interest Rates decision today is expected to stay at 3.50%; with the USD gaining traction and the fact that RBNZ is unlikely to hike rates due to recent disappointing economic releases, we should...

AUD/USD for Monday, September 8, 2014The Australian dollar showed some positive signs to finish out last week as it surged higher again bouncing off support below 0.93 and reaching a new four week...

BIAS: We should see a correction higher to 1.6280-1.6307 before lower againResistance:     1.6226     1.6250     1.6280-85   ...

The USD/JPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of...

Judging by the action on Friday, I believe that the euro still has plenty of bearish pressure facing it, as even with a less than stellar jobs number out of the United States, the Euro simply could...

Key Fundamental Forex Events for the Week of September 1st through September 5th The following table lists the key economic data and other events that came out during the week of September 1st...

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and forex speculators increased US...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.2951. We are looking for a short correction the finish the wave to 1.2822 with an overall target of the bottom at 1.2773....

Kathy Lien is the Managing Director of FX Strategy for BK Asset Management. Will Payrolls Kill the Dollar Rally? Euro Dead-Cat Bounce CAD: Comfortably Above 1.08 After Softer Data AUD: Supported by...