Forex Opinion & Analysis

After four long years of negotiations, Prime Minister Harper and European Commission President José Manuel Barroso are preparing to sign an agreement in principle that should lead to a free...

The bipartisan agreement was passed by the Senate yesterday and finally signed by President Obama just before the October 17 deadline. The federal government will therefore return to business as usual...

The agreement that was to come out of the Senate and be approved by the House was unable to garner sufficient support yesterday, meaning we're back to the drawing board for what's shaping up to be a...

Now that Washington politicking has been suspended for a few more months at least, the market and investors can knuckle down and concentrate on the rest of the world as well. However, before totally...

The re-opening of the US government after a 16-day shutdown sparked a sell-off in the US dollar that has deteriorated the near-term technical outlook. The combination of setting the stage for a repeat...

Cable ramped higher and came to rest at 1.6171. If you look at the chart, we could be forming a H&S top, however the rest of the technical indicators do not support this. Med term charts have...

Dollar weakness continues as we head into the weekend. EUR/USD hit an eight-month high just shy of 1.3704, which is presenting some resistance. A break above 1.3712 would mark a 2013 high for the EUR...

Euros swept higher, taking out 1.3600 leaving us with our target of 1.3660/80. This was met quite successfully and the market really didn't do much after that. It went sideways which has eased the...

EUR/USDEUR/USD saw minor gains after three point upside seen over the last two sessions was tamed by profit taking into the close. The USD saw continued broad-based losses in the European morning as...

Currently we are at 1.4168 in a descending wedge. If it breaks down we are looking for a continuation to the 1.618 Fibo area at 1.4122 and maybe to the 1.4074 ( 2.270 fibo), The average daily true...

The risk rally continued today as the US dollar remained weak across the board. Expectations for a continuation of Federal Reserve stimulus until the end of the year are causing a selloff in the...

As usual, here are a few more observations from Friday's developments. The charts display the day's support and resistance from the daily report issued around 2am-3am GMT and last for the rest of the...

The British pound is taking full advantage of broad dollar weakness, and continues to post gains against the US dollar in Friday trading. GBP/USD climbed over 200 points on Thursday, and the rally is...

USD/JPY continues to post gains against the US dollar in Friday trading. The pair climbed about 100 points on Thursday and the rally continues on Friday, with the pair trading in the mid-97 range....