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All is progressing extremely well. Of course, there’s always the risk of a deviation from this expectation, rather like the upside shortfall and losses from the 1.3700 high, but at this point...
Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Is the Dollar Nearing a Bottom? EUR Falls Sharply on Problems in Portugal's Banking Sector Why GBP/USD Refuses to Fall Will...
USD/JPY has posted gains on Thursday, as the pair trades in the low-101 range early in the North American session. The yen has gained about 100 points this week against the...
AUD/USD is lower on Thursday, as the pair has dropped below the 0.94 line. On the release front, Australian Employment Change surprised the markets, climbing to a...
Talking Points 1.3570 a key level for the euro AUD/USD fails at key Gann level USD/JPY entering into critical cyclical period Foreign Exchange Price & Time at a Glance: Charts Created using...
Trading plan for July 11The market will be once again very light on economic data. The main events will be: USD: FOMC Member Fischer Speaks (20:30 GMT, July 10) – Fisher is a hawk and his...
EUR/USD - Euro continues forming ascending wave with target at level of 1.3655. After reaching it, instrument may start descending correction towards level of 1.3620 and then start moving upwards to...
Currently the GBP/NZD is at 1.9424 attempting a break of the descending wedge. We are looking for a continuation to the day chart bottom area at 1.9360 AFTER the break of the descending wedge. The...
Forex News and Events: The dovish FOMC minutes hit US yields and USD in New York yesterday, as the FX markets adjusted positions. Although the recent improvement in the US labor market boosted the...
The currency pair US Dollar vs Pound Sterling (USD/GBP) got its nickname, Cable, in the old days of trading when the only way to trade it was via a cable under the Atlantic. Cool story. Check it out...
EUR/USD’s recovery appears to be gaining traction as the market appears not quite ready to test the much more important 1.3503 recent low and the 1.3496 2012 -2014 uptrend, notes...
All that the forex Investor requires is some consistent intraday volatility - it provides opportunity. Overnight, Aussie trading is a prime example and certainly beats the 12-18 point EUR...
Talking Point:UK Total Trade Balance (GBP/Mn): -£2418 Actual Vs -£1600 Estimated; -£2052 Prior. UK Visible Trade Balance (GBP/Mn): -£9204 Actual Vs -£8750 Estimated;...