Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0977.The Canadian Dollar rose after the Bank of Canada, in its business outlook survey for the first quarter,...

For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.8878. The Swiss Franc rose as traders cheered Switzerland’s consumer inflation data, which showed that...

For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 103.07.In economic news, Japan’s leading economic indicator fell more-than-expected to a 5-month low reading...

For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6608, in a subdued trading session on Monday.Yesterday, the Office for National Statistics noted that despite the recent...

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.3742, after an ECB board member, Yves Mersch eased concerns on QE measures in the Euro-zone economy by stating that...

We seem to have had a bit of a turmoil on yesterday’s forecast as only the USD/CAD and EUR/JPY behaved very close to our prediction. On the Oceanic pairs we had got the direction right, however...

The EUR/USD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located at the upper...

With the exception of the Aussie, yesterday’s developments went exactly as planned, a comfortable day with dollar losses being the dominant feature as expected. Elsewhere, even the EUR/JPY...

Talking Points USD/JPY Technical Strategy: Sidelines preferred Shooting Star pattern near 104.00 receives confirmation 103.00 offering support as Doji suggests hesitation from bears A Shooting Star...

EUR/USDEUR found itself supported after some-what hawkish comments from various ECB members, heard through-out the session and coupled with a stark lack of tier-1 data, helped the pair to outperform...

Key developments on yet another quiet Monday: It’s hard to find a compelling trend or theme. The weak JPY is now the somewhat stronger yen as Friday’s poor risk-appetite showing seems to...

The Canadian dollar continues to trade below the key 1.10 line, as the USD/CAD trades in the mid-1.09 line in the North American session. On the release front, the Bank of Canada released...

Talking Points USD/CAD Technical Strategy: Sidelines Preferred Psychologically-significant 1.1000 remains on the radar Recovery may be limited with bullish signal missing After a suspenseful ride...

The USD/JPY has started off the new week quietly, with the pair trading in the low-103 range in Monday's European session. In economic news, Japanese...