Forex Opinion & Analysis

Two different weeks, two different stories for the USD Index. This time last week, optimism for the US economy was running high and the USD index was looking to push through the 81.310 resistance...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of February 10th–February 14th,...

Turkish Lira has seen better days, but to be fair the European currency has seen much worse days as well. Lira have recovered against most if not all major currencies ever since the Turkish Central...

Kiwi Dollar enjoyed a surprising rally around 8am SGT (7pm EST) this morning, pushing from a low of 0.8267 to a high of 0.8309 within a couple of hours. This 40 pip move may not seem a lot, but when...

USD/JPY Open 102.13 High 102.67 Low 101.98 Close 102.20On Monday the USD/JPY decreased with 70 pips. The currency couple depreciated from 102.67 to 101.98 yesterday, matching the negative money flow...

Dollar: When will the Market Start Pricing in the First Fed Hike?The Dow Jones FXCM Dollar Index only lost modest ground to open the new week, but that didn’t prevent the benchmark from closing...

EUR/USDA measure of global currency volatility declined to the lowest in more than fourteen days, before the release of data in coming days that may show U.S. retail sales stuck while jobless claims...

The U.S dollar eased ahead of Federal Reserve Chairwoman Janet Yellen’s testimony to Congress while Australia’s official house price index rose more than expected in the last quarter 3.4...

USD/CHF continues to decline after recently breaking the Triangle chart pattern that was earlier identified by Autochartist on the daily charts – as you can see from the following trade...

EUR/USD Daily Analysis: EUR did manage to rise yesterday (not much, but it did rise) to just under 1.3640, just touching overbought on the 4h charts in the process. That overbought reading, combined...

EUR/USD The euro’s corrective phase off 1.3480 base rides on the third wave that commenced from 1.3550 and reached nearly 100% Fibonacci expansion, on fresh extension to 1.3677. The wave could...

The U.S. dollar traded mixed, but weakened against several majors subsequent to the release of less than stellar Non-Farm Payroll reports of Friday. The greenback traded steadily versus the euro as...