Forex Opinion & Analysis

Kathy Lien, Managing Director of FX Strategy for BK Asset Management.FX: Top 10 Takeaways from July FOMC Announcement Will EZ CPI Drive EUR/USD to Fresh Lows? GBP: The One Chart that Explains...

Federal Open Market Committee (FOMC) Widely Expected to Deliver Another $10B Taper Will We See a Greater Dissent as the Fed Sees QE Ending in October? Trading the News: Federal Open Market Committee...

The shaky Canadian dollar continues to lose ground on Wednesday. USD/CAD, propelled by an outstanding US GDP report, has pushed over the 1.09 level. Elsewhere in the US, ADP Nonfarm Payrolls softened...

Talking Points Price Hovers Near Range Resistance Range Support Sits at 1.4533 Price Above R4 Signals a Breakout (Created using FXCM’s Marketscope 2.0 charts) For the beginning of Wednesdays...

The euro hit an eight-month trough against the dollar EUR/USD on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European...

EUR/USDThe pair saw a relatively mundane start to the session after hovering around the 1.3400 before eventually breaking below this level after taking out a touted option barrier and succumbing to...

Currently the EUR/NZD is at 1.5761. We are looking for a continuation to third wave R5 area at 1.5838 before a correction. The average daily true range (ATR) for the pair currently is 82 pips.

"The FOMC statement falls into the realm of low probability high impact event – i.e. unlikely to surprise, but if it does, it has some obvious capacity to have considerable market fall-out....

Forex News and Events: There is always need to worry about the safe haven inflows, especially when considered as a solid destination, a safe island in a world squeezed by political, geopolitical,...

After an elongated narrow range with a real lack of movement or interest, Bitcoin has now been trading in a narrow, downward range for the past few sessions. The digital currency is in a perfect lower...

EUR/USDCurrent level - 1.3399 The downtrend is absolutely intact, heading for a right test of 1.3380 support zone, en route to 1.3280. Initial intraday resistance lies at 1.3420, followed by the...

Following last Thursday’s US Initial Jobless Claims dropping to an 8-year low, the USD/CAD extended above its symmetrical triangle on the Daily timeframe. The conclusion of the symmetrical...

Market BriefThe international flows continue favoring the US dollars as EU and US officials prepare to impose further package of sanctions against Russia. Although the USD is better bid across the...