Forex Opinion & Analysis

The U.S. dollar is trading higher against all of the major currencies this morning and kicking 2014 off with a bang. Unfortunately the sell-off in stocks is a reflection of nervousness at the start of...

EUR/USDThe pair finished the London session in negative territory in what has been a relatively thin day of trade in FX markets. This morning saw the release of a mixed series of Manufacturing PMI...

The dollar strength was the main theme of the currency markets on the first trading day of 2014. The greenback rallied to a new high of 105.44 against the yen, as rising US Treasury yields also...

It’s working already!I had expected that the dollar’s weakness in late December was due largely to end-year position-closing and was not a reflection on the currency’s likely...

The USD/JPY is almost unchanged as we start the new year. In Thursday's European session, the pair is trading in the mid-105 range. In economic news, there are two key releases out of the US on...

Following the Fed meeting on 18 December, at which the US central bank announced the start of QE tapering, speculators added longs in EUR against USD. This underlines that the Fed move was largely...

For the past few weeks the Kiwi has been closed in the symmetric triangle formation, and the New Year starts exactly in the middle of this formation. With every candle, we are heading closer towards a...

USD/JPY Open 105.31 High 105.43 Low 104.85 Close 105.19On Tuesday the USD/JPY increased insignificantly with 45 pips. The currency couple appreciated from 104.85 to 105.31 on Tuesday, matching the...

EUR/USD had a busy holiday period, and the pair continues to show movement as we greet 2014. In Thursday's European session, the pair has lost ground and is trading in the low-1.37 range. In economic...

Sterling began 2014 on a strong note and climbed higher against the dollar to reach a new 2-1/2-year high while hitting a 5-year high against the yen. The GBP/USD rose to $1.6592, the highest since...

The AUD/USD is trading sideways for the past two weeks so we think that move represents a corrective pause within larger ongoing bearish trend. We are tracking wave 4 that can make a triangle...