Forex Opinion & Analysis

Market Drivers February 11, 2014Better Australian data sends Aussie through 9000All eyes on Janet YellenNikkei 1.77% Europe 0.87%Oil $100/bblGold $1283/oz.Europe and Asia:AUD NAB Business Confidence 8...

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...

To say yesterday’s trade was lukewarm would be an understatement. Caught between another poor jobs number from the US and speeches from Janet Yellen and Mark Carney in the next 48hrs, most are...

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...

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...

For the 24 hours to 23:00 GMT, AUD ended the day flat against the USD to close at 0.8945.LME Copper prices declined 0.1% or $9.5/MT to $7190.5/MT. Aluminium prices fell 0.4% or $6.0/MT to...

For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.1058. The Canadian Dollar gave up ground against the US Dollar after data showed that, on a seasonally adjusted annual...

For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.8967. In Switzerland, an official report revealed that, on a seasonally adjusted monthly basis, unemployment rate...

For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 102.14, as traders refrained from taking major bets in the US Dollar ahead of the Fed Chief, Janet Yellen’s...

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6406.In economic news, the Lloyds employment confidence index in the UK improved to a reading of -2.0 in January,...

For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3646, as traders cheered an upbeat Euro-zone Sentix investor confidence data, which revealed a reading of 13.3 in...