Forex Opinion & Analysis

EUR/USD Open 1.3480 High 1.3500 Low 1.3389 Close 1.3468On Wednesday EUR/USD increased with 110 pips. The European currency appreciated from 1.3389 to 1.3500 yesterday, matching the positive money flow...

The market is consolidating from its recent high, test of the bearish trendline from July (currently at 99.75/90, see daily chart below), and within the broader period of wide ranging/consolidating...

Yesterday, Canadian Finance Minister Jim Flaherty released the federal government’s new budget projections for the next few years, which indicate that Canada will balance the books again in 2015...

Our outlook at the beginning of the week was for the USD Index to range between 80.80 and 81.50 and so far this is what we have seen. However, the longer the 81.50 resistance holds, the more I will...

Is Abenomics working or not? This largely depends on who you ask.The incumbent Japanese Prime Minister's supporter will point at the Q3 GDP numbers which were released earlier, where headline GDP...

USD/JPYBIAS: Feel the decline is more corrective, but may not yet be completeResistance: 99.42 99.59 99.79 100.05 Support: 99.18 98.75-88 98.55 98.24MAIN ANALYSIS: Price dipped to 2 points below the...

Janet Yellen Confirmation Is A Risk For DollarGBP: BoE Sees 7% Unemployment Rate Reached In 2015 Instead Of 2016EUR: Sent On Rollercoaster Ride By Dovish ECB CommentsNZD Rallies As RBNZ Reiterates...

Talking Points:Closing Out EUR/USD Shorts Wave 4 Correction, Wave 5 Drop in AUD/USD How to Locate the Ideal Entry Point In last week’s article, we set up short trades in EURUSD. Our initial take...

For the first time since early June, 3-month dollar calls are trading at a premium over puts (25 delta). Calls were trading a shrinking discount since early October, but as only turned positive last...

EUR/USDThe pair settled the session lower after the BoE brought forward likelihood of 7% jobless rate to 2015 Q3 which in turn resulted in an aggressive move lower by the EUR/GBP as market...

With no U.S. economic reports scheduled for release today, it should be another quiet North American trading session. U.S. stock futures are pointing to a lower open and Treasury yields are pulling...

The Japanese yen has edged higher on Wednesday's trading, as the USD/JPY trades in the mid-99 range, within striking distance of the critical 100 level. In economic news, Japanese Core Machinery...

EUR/USD remains under pressure in Wednesday trading. The pair is trading in the low-1.34 range in European trading on Wednesday. Taking a look at economic news, Wednesday has a light schedule. In the...

The euro traded steadily at $1.3437 on Wednesday morning after a tough week of losses following poor inflation data and a surprise European Central Bank rate cut. The common currency has been weak...