Forex Opinion & Analysis

The U.S. Dollar traded lower against safe haven currencies and several majors after China disappointed investors by reporting that Retail Sales were lower than anticipated, posting a mere hike of 11.8...

EUR/USD The Euro nearly fully reversed two-day rally from 1.3830 to 1.3965, on fall to 1.3840, where the pair is attempting to base at Fibonacci 38.2% retracement of larger 1.3642/1.3965 ascend....

EUR/USD - European Session EURUSD dropped sharply yesterday, yet remained limited above the main ascending channel support around 1.3810, nevertheless, a bearish candle formation was formed below...

China slowing growth concerns and rising tensions in Ukraine are the main drivers of the markets again, leading to low trading volumes ahead of the weekend. Risk off sentiment led to a stronger yen as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 168.09; (P) 169.85; (R1) 171.01; The decline from 173.57 accelerates lower and reaches as low as 168.70 so far. The breach of 168.82 support argues that...

The Japanese yen strengthens broadly on risk aversion as global equities tumbled sharply ahead of an important weekend in Crimea, which is now seen as having the biggest geopolitical crisis in Europe...

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.1079, despite data indicating that the retail sales in the US advanced in February for the first time in three...

For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.8750, as traders cheered the latest batch of upbeat economic data from the US.In the Asian session, at GMT0400, the...

For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6622, amid lingering speculation that strong recovery in the UK economy could facilitate an interest rate hike...

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3865, after the ECB President, Mario Draghi hinted that the central bank’s forward guidance on interest rate...

Note GBPJPY is trying to scrape back into positive territory after just flipping negative yesterday. Several JPY crosses remain wishy-washy as the JPY has tried to mount a comeback in recent days on...

Good morning! Today we could be in for some movements/action on US Dollar pairs as some fuel will be injected by a few fundamentals. We had an average forecast for yesterday as market moved in our...

The JPY Currency basket shows significantly higher volumes on yesterday’s buy day and CitiGroup clients (real money investors) have also been piling into JPY. This now put my bias for a move...

After a promising start EUR/USD traded to new 2.5-year highs before soft numbers from China and comments from the Chinese Premier, Li Keqiang warning of bankruptcies, saw markets tumble as money...