Forex Opinion & Analysis

The Dollar Index had been supported by its daily 200 EMA (blue line) as shown on the chart below, but today that the Dollar has fallen versus its main counterparts, the DXY has broken to the downside...

The Euro is gaining ground today as the ECB decides to leave interest rates unchanged and it is not implementing more stimulus measures. But the pair has reached the psychological round number of...

“On the eve of the Bank of England and the ECB the single European currency and the British pound traded at a slight decline against the U.S. dollar", - analysts said the company's Forex Broker...

The Bank of Japan summed up the results of its January session. As expected, Central bank didn’t make any adjustments to the monetary policy and represented its forecasts for 2013-1015 years,...

GBP/USD has edged higher in Friday trading, as the pair is in the mid-1.64 range in the European session. In economic news, Manufacturing Production gained in January but fell short of the...

Investors and dealers live for market volatility, it creates trading opportunity, and today's North American jobs reports should not disappoint even the neutral observer. The release of last month's...

EUR/USDCurrent level - 1.3558 The intraday bias is positive after the recent break through 1.3580 resistance, but the downtrend on the senior frames from 1.3893 is still intact, so I favor a slide...

We close the position for a 2-7 1Y fwd flattener in USD swaps with a profit of 15bp. We still hold the view that US growth is likely to reaccelerate later this year and that higher rates will...

Market developmentsThe HSBC/Markit measure of China’s services PMI suggests that Chinese services sector is barely expanding, with a reading of 50.7. This saw the Antipodeans ticking lower...

EUR/USD has edged lower in Friday trading, as the pair trades in the low-1.35 range early in the European session. As expected, the ECB opted to maintain interest rates at their present...

Kiwi dollar has been trading lower today despite improved risk appetite during Asian sessionwhich saw Nikkei 225 climbing 2.17% and Hang Seng Index by 1.08% at the time of writing. Prices did...

Yesterday was a good day for fans of boring central banking. Both the Bank of England and the European Central Bank decided that policy in their respective economies should stay as is – for the...