Forex Opinion & Analysis

Emerging-market currencies strengthened yesterday as Janet Yellen gave dovish sounding, if rather generic rhetoric, in a speech yesterday. The Turkish lira is leading the way after Prime Minister...

Forex News and Events: FX markets trade the PMI figures all over the globe today. The focus on manufacturing PMI readings will continue with Canadian and US figures in the afternoon. In the...

Market BriefThe RBA kept its cash rate target unchanged at 2.50% and reiterated its outlook for a period of stability in interest rates. RBA said that the recent data suggests solid improvement in...

This is an event-laden week with the highlight being Friday's NFP report. Until then the market will have to endure some noted surprises, forcing a few investors to do anything to keep the "powder...

EUR/USD has posted modest gains on Tuesday, as the pair trades just shy of the 1.38 line in the European session. In economic news, Federal Reserve chair Janet...

The GBP/USD did turn lower from here to 1.6620/10 as expected and bottomed exactly here. We saw an unexpected break above 1.6665 but only reached 1.6685. We are very overbought short term and below...

The EUR/USD hit trend line and Fibonacci support at 1.3720/10 with a low for the day as predicted. We then reached resistance at 1.3810/20 with a high for the day expected for a selling opportunity...

The AUD/USD pair is trading in a strong uptrend on a daily time frame. The pair has recently broken its bullish pattern- A reverse Head & Shoulder pattern. The head and shoulder patterns are the...

European SessionEUR/USD The pair managed to move to the uspide yesterday but is still limited below Linear Regression Indicators and below resistance level 1.3850. The daily closing was achieved below...

EUR/USD The euro has established positive tone on hourly chart, consolidating 1.3704/1.3807 recovery rally, despite failure to clear important 1.38 barrier, where 4-hour 55SMA capped for now....

The Indian rupee stayed stable today, with muted reaction following the latest Reserve Bank of India policy announcement. To be fair, the central bank did not surprise the market, opting to hold...