Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.0839.In economic news, Canada posted a current account deficit of C$12.4 billion in the first quarter of 2014, the...

For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.8979.In the Asian session, at GMT0300, the pair is trading at 0.8975, with the USD trading slightly lower from...

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.74, hurt by a dismal US GDP data for the first quarter of 2014.In the Asian session, at GMT0300, the pair...

For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.6720, as a lacklustre US GDP data weighed on the greenback.The British Pound benefited from a report that showed...

For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.3602, as the latter came under pressure from a higher-than-expected 1.0% drop in the US Q1 GDP data which signalled a...

To follow up on the previous EUR/JPY post, whilst the losses have begun there is potential for the 138.12 zone to hold going into next week.Below you may find the video

Talking Points:AUD/USD Technical Strategy: Short at 0.9328 Support: 0.9201 (channel floor, 23.6% Fib exp.), 0.9041 (38.2% Fib exp.) Resistance: 0.9362 (channel top), 0.9408 (May 14 high) The...

Talking Points:NZD/USD Technical Strategy: Short at 0.8493 Support: 0.8391-0.8415 (horizontal pivot, 50% Fib exp.), 0.8329 (61.8% Fib exp.) Resistance:0.8500 (38.2% Fib ret.), 0.8527 (former...

The Canadian dollar has posted gains on Thursday, as USD/CAD trades in the mid-1.08 range in the North American session. It has been a busy day on the release front. In the US, Unemployment...

EUR/USD recouped 25 pips yet stays feeble in front of the ECB meeting one week from now. The pair is exchanging at 1.3617 against a solid US dollar. The dollar floated close to a two-month high...

Demand for 10-Year Treasuries has increased of late, sending the dollar into a rally against all the other majors. The greatest impact of this surge, however, has been borne by the euro, falling...

Partly good, partly not so good and partly tricky is the way I could sum up yesterday, although the general expectation of a period of corrective activity beginning was absolutely right. This...

EUR/JPY – Retail FX traders are extremely long the Euro versus the Japanese Yen and US Dollar as both the EUR/USD and EUR/JPY trade near important price support levels. Trade...

Market ViewThe rhetoric coming out of Japan suggests there is a drift in emphasis away from monetary policy and towards reforms to make the economy more dynamic. On paper that should be bullish for...