Forex Opinion & Analysis

NZ CPI is a quarterly release, therefore it could be very tradable. Considering that recent sentiment out of New Zealand has been very Kiwi supportive, I’d expect more market reaction if we were...

US Core Retail Sales is probably going to be a non-event unless we get our tradable deviation. With the Fed policy set in place, market has already priced in a strong recovery, therefore unless we get...

UK CPI y/y release may provide the catalyst needed for GBP/USD to breakout the current tight range, especially if we were to get significantly better or worse release today. Of course, with market...

AUD/USD: When we saw the upside break to test our 0.950 target, there was a small celebration. We had been waiting for this target to get reached for several weeks, but sadly it turned into a...

Following poor jobs data from Canada, and the USD/CAD's most single bullish close in over 4-months, it suggests the tide may be about to turn.SUMMARY2012 bullish trendline remains intact with a...

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators slightly added to...

I was sitting and watching my 13-year old daughter begin to work out Sudoku problems this past week. I hadn’t paid much attention to these puzzles. I have to say that I find them remarkably...

Hope everyone had a good week end. Our previous forecast seems to have been a good one with majority of the pairs conforming to our predictions, specially GBP/USD, USD/CAD, AUD/USD and EUR/JPY. The...

Easy money policies could wreak havoc in emerging economies like India’s. Newly appointed Prime Minister Narendra Modi’s challenge is two-fold: reshape Indian politics and create lasting...

EUR's stability well contained Investors have confidence in the ECB Fed to maintain dovish strategy Restricted to a tight trading range against the U.S. dollar, the euro is holding steady against...

Loonie slammed by jobs report Canada's unemployment rate climbs BoC to promote its dovish stance By early Friday morning, the Canadian 'bull' thought they were on to a good thing. Long the loonie, as...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3609 and view this as a corrective wave. We are looking for breakdown to the support at 1.3500. The average daily true range...

Earlier during the Asian session, the Australian employment report was published by the Australian Bureau of Statistics. The forecast was slated for a 0.1% rise in the unemployment rate from 5.8% to...

Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Forex: 5 Key Events to Watch in the Week Ahead EUR: How Serious is the ECB About Easing? GBP/USD to Break Out of 1.71 –...