Forex Opinion & Analysis

EUR/USDThe euro pulled away from two-month lows against the dollar in holiday-thinned trade on Monday, but gains were held in check as concerns over the economic outlook for the euro zone weighed. The...

Asian indices trading higher as China’s money-markets rates fell the most in the four weeks after the central bank injected funds into the financial system and the continued strength of U.S....

Despite light trading due to the U.S. markets being closed for Martin Luther King, Jr. Day, the U.S. dollar continued to trade higher than most of the majors. The european market seemed to follow the...

For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.8804, supported by an upbeat rise in its largest trading partner, China’s, annual gross domestic product (GDP)...

For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0955, on a relatively quiet trading day, with the US markets closed for the Martin Luther King holiday.In the Asian...

For the 24 hours to 23:00 GMT, the USD ended the day flat against the JPY, in a holiday-thin trading session, and closed at previous day’s closing price of 104.25.In the Asian session, at...

For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6426, buoyed by Britain’s house prices, which rose at the fastest pace since November 2007. However, the UK...

Currencies The euro (EUR) advanced from its two month low at 1.3507 up to 1.3567 against the US dollar (USD). On the calendar, the German ZEW Economic Sentiment due at 10:00 GMT, anything higher than...

GBP/JPY Daily OutlookDaily Pivots: (S1) 170.46; (P) 170.97; (R1) 171.64; With 173.12 minor resistance intact, near term outlook in GBP/JPY stays mildly bearish. The fall from 174..84 is expected to...

EUR/USD The euro consolidates above fresh low at 1.3506, with the upside attempts being limited by hourly 55DMA /daily 100DMA / daily cloud base at 1.3566. Weak near-term studies do not see much of...

EUR/USDTrading range: 1.3575 - 1.3490Trend: DownSell at 1.3563 SL 1.3595 TP 1.3502USD/JPYTrading range: 104.35 - 105.30Trend: Strong UpBuy at 104.47 SL 104.15 TP 105.18GBP/USDTrading range: 1.6460 -...

The Aussie is trading slightly higher right now. It's looking like we can correct back further though over these next few sessions. I think .8925 is a little optimistic right now, but I am not totally...

GBP/USD Open 1.6425 High 1.6453 Low 1.6394 Close 1.6423On Monday the GBP/USD increased with 60 pips. The Cable appreciated from 1.6394 to 1.6453 yesterday, in line with the positive money flow...