Forex Opinion & Analysis

The EUR/USD never made it to the well-defined 1.3750 area (50% retracement of the decline from the top as well as the close of the week that ended 5/9 (week of the top)). If 1.3700 is an important top...

A snapshot view of yesterday’s New York - London session with technical notes: Russia places 1-year import ban on sanctioning counties, and threatens to go beyond food black list. ECB keep...

EUR/USD The dollar eased in the US afternoon, but closes the day mostly in positive territory against its major rivals. The downward movement in the American afternoon was again due to weaker yields,...

After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week or so returning back to more familiar territory between the 5400 and 5500 levels, and...

In recent hours the AUD/USD is easing back a little after dropping so sharply in the last 24 hours from above 0.9350 down to a two week low at 0.9260.  In the last 48 hours the Australian dollar...

Yesterday’s attempt by the Aussie dollar to break out from the current congestion with a move higher, was promptly snuffed out today, as poor employment data shocked the markets, sending the...

Kathy Lien is the Managing Director of FX Strategy for BK Asset Management. EUR: My 5 Main Takeaways from ECB Press Conference AUD: Bracing for Chinese Trade Data CAD: Nice Improvement in IVEY PMI and...

Against a basket of international currencies the USD has reached its highest levels so far this year powered by positive economic data and hopes of early interest rate rises. But for the time being at...

USD/JPY Retail FX traders have bought aggressively into the recent USD/JPY pullback, and a contrarian view of crowd sentiment suggests the pair will remain below key range highs near...

The Canadian dollar has steadied on Thursday, as USD/CAD trades in the low-1.09 range in the North American session. In economic news, there was positive news on both sides of the border. US...

Key events to watch on Friday (Aug. 8) JPY: Current Account (23:50 GMT on Thursday), Monetary Policy Statement, BOJ Press Conference (tent.) AUD: RBA Monetary Policy Statement, Home Loans (1:30...

Currently the GBP/CHF is at 1.5296. We are looking for a continuation to the support area at 1.5213 AFTER the break of the rectangle. The average daily true range (ATR) for the pair currently is 48...

ECONOMIC CALENDAR EUR/USD Russia will ban fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway. Russia is a major buyer of...

GBP/USD headed lower as expected to bottom just above 1.6810/00 lows. Today's outlook has changed and is more positive. If we can beat 1.6865/70 look for a move towards strong resistance at 1.6890/00....