Forex Opinion & Analysis

EUR/USDEUR/USD continued its ascent towards the psychologically important 1.4000 level despite growing expectations of monetary policy action within Europe. So much so that a seven year high Spanish...

At the start of the North American trading session, the trade weighted dollar index fell to its lowest level in 6 months. The sell-off in the greenback drove the British pound to fresh 4.5-year...

NZD/USDCurrently we are at 0.8772 after the announcement. We are looking for a continuation to the 1.270 Fibo at 0.8907. Expect a retrace and then follow through to the Day chart trend at 0.8874. The...

Market Drivers for May 6 2014UK PMI Services beatsRBA keeps rates/policy unchangedNikkei -0.19% Europe -.21%Oil $99/bblGold $1311/oz.Europe and Asia:AUD RBA cash rate 2.5%EU Final Services PMI 53.1...

USD/JPY is in the high-101 range on Tuesday, its lowest level since mid-April. On the release front, Japanese markets remain closed for holidays for a second straight day. In the US, there are...

As part of the renewed increase dollar, the New Zealand dollar broke through the level 0.8635 and reached the upper limit of the channel. The price then slowed growth and consolidated to form a small...

Forex analysts say, the U.S. dollar fell against the yen JPY/USD on Monday, May 5, after data showed that Chinese manufacturing activity shrank for the fourth month in a row in April, have...

Euro steady against the U.S. dollar (EUR/USD) in muted trading on Monday, May 5th, as trading volumes, it seems, will remain weakened as UK markets closed for a national holiday, while investors...

Investors did get to see a forex move, however it maybe fleeting as the market now waits for Central Bank guidance. The mighty dollar has slid in early European trading, pushing the pound to its...

Forex News and Events: The FX markets are dominated by decent USD sell-off. Euro and sterling pick momentum on the upside before the ECB and BoE meetings due on Thursday. The good PMI readings should...

Market BriefAs widely expected, the RBA left its cash target rate unchanged at 2.50% and reiterated the importance of a period of price stability. The Australian officials repeated that the Aussie...

There is one story today. It is stronger European service sector PMIs. This has pushed lower in the US dollar against all the major currencies and most of the actively traded emerging market...

EUR/USD has posted gains on Tuesday, as the pair has pushed above the 1.39 line in the European session. On the release front, Spanish releases were excellent, as Unemployment Change plunged...

EUR/USDRisk reward: 1.78Trend: UpBuy at 1.3879 SL 1.3847 TP 1.3936USD/JPYRisk reward: 1.59Trend: DownSell at 102.06 SL 102.38 TP 101.55GBP/USDRisk reward: 2.06Trend: Strong UpBuy at 1.6877 SL 1.6845...