Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD to close at 1.0832. The Canadian Dollar advanced after annual housing starts in Canada surged by 24.0% to a seasonally adjusted...

For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8802.In economic news, Switzerland’s annual consumer price index registered a flat reading for a second straight...

For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 101.60.In the Asian session, at GMT0300, the pair is trading at 101.71, with the USD trading 0.10% higher from...

For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6932.Yesterday, the BoE, at its May policy meeting, voted to keep interest rates at a historical low level of 0.5% and...

For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.3840, after the ECB President, Mario Draghi, following the central bank’s decision to keep its interest rate...

With Market Talk of EUR/JPY bulls switching to bears over the pasts few weeks and technical levels being broken, bearish setups beginning to appeal. There is the potential for a longer-term...

The minutes today reveal, yet again, that the picture is mixed. Whilst this may not excite speculators, when you compare this to other economies then it doesn't look too bad really.- RBA Monetary...

Following Draghi's strong message regarding interest rate cuts, or stimulus in June, EUR/USD falters at a key level.From a technical perspective I do find EUR/USD trickier than other currency pairs at...

Australian Dollar Soft on Dovish RBA, Profit-Taking in Asian Trade Quiet European Data Docket Unlikely to Drive FX Market Volatility Euro, Franc, and Kiwi Dollar May Rise on Corrective...

AUD/USDOver the last couple of weeks or so the Australian dollar has fallen back down below the 0.93 level and settled within a very narrow range just below the level before surging up through this...

Is the U.S. Dollar breaking below this two-year channel or pulling a fake on investors and creating a bullish wick?The resolution to this question could well have an impact on portfolio...

EUR/USD climbed by 33 focuses today to exchange at 1.3943 after the US dollar declined to a 2014 low and merchants ready for the ECB rate choice and question and answer session. Central bank Chair...

The GBP/USD remains in uptrend from 1.6465 (Mar 24 low), the fall from 1.6996 is likely consolidation of the uptrend. Support is located at the trend line on 4-hour chart. As long as the trend line...

Why Buying EUR Now is Not a Good Idea Dollar Sinks as Yields Extend Lower CAD Hits 3.5-Month Highs Ahead of Employment AUD Soars on Stronger Employment and Chinese Trade NZD Extends Losses, Credit...