Forex Opinion & Analysis

$/yen near term outlook:No change in the long held view of a large, complex topping since the May high at 103.75. Potentially forming a rising wedge/reversal pattern over that time, leaving open scope...

The USD/CAD has lost ground on Thursday, as the Canadian dollar takes advantage of a broadly-lower US dollar. Early in the North American session, the pair is trading in the mid-1.10...

The AUD/USD has crossed above the key 0.90 level in Thursday trade. The Aussie received a boost from an excellent Employment Change release for February. Over in the US, retail sales numbers...

The Japanese yen has posted modest gains on Thursday, as USD/JPY trades in the mid-102 range. Japan released strong manufacturing data, as Core Machinery Orders posted its largest gain in ten months....

Bounce fails to happen with yen RBNZ rate hike causes slight dip Loonie catches up with other Commonwealth currencies USD/JPY To repeat myself from yesterday: “Stocks trading heavy across...

EUR/USDThe early Asia-Pacific session saw very little action in the pair, hovering around the 1.3900 level. Until late in the Asian-Pacific session when EUR/USD tripped stops through yesterday’s...

EUR/USD Euro is moving upwards; market has broken another consolidation channel upwards and continues growing up. We think, today price may reach level of 1.3990, stat new correction, and then...

The U.S. dollar is trading lower against most of the major currencies this morning, but is slowly recovering its earlier losses thanks to better than expected economic data.  Like last week's...

The euro rally continues, as EUR/USD is trading in the mid-1.39 range in Thursday's European session. The surging euro is now trading at its highest levels in 2-1/2...

EUR/USDCurrent level - 1.3947 The recent break through 1.3914 signals a renewal of the general uptrend and the outlook is bullish, for a break through 1.4000 sentiment zone, en route to 1.4150....

TOKYO — Japan’s government is preparing to step up regulation of Bitcoin (BTC/USD) in the wake of the collapse of Tokyo-based exchange Mt. Gox, officials said, and are looking at...

Plenty of news out overnight, as we had the Reserve Bank of New Zealand hiking rates and raising growth forecasts, saw an insane outlier in Australia’s full-time payrolls growth, and saw...