Forex Opinion & Analysis

The USD/JPY has weakened in Wednesday trading. The pair has dropped to the mid-98 range in Wednesday’s European session. In economic news, Japanese inflation indicators continue to point...

EUR/USD continues in corrective mode, gently drifting down, making lower lows and lower highs. We have almost reached the 1.3555 down-target and momentum is converging near the zero-line; so there is...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.24; (P) 158.10; (R1) 158.86Intraday bias in the GBP/JPY remains neutral for some more consolidations below the 159.98 temporary top. But, near term outlook...

The risk unwind that began shortly after the FOMC decided to hold pat continued yesterday despite further falls in US interest rates. At the short end, implied interest rates on Fed funds futures were...

Today’s update on sentiment among manufacturers in France will be closely watched for guidance on evaluating the Eurozone’s macro outlook. Later, we’ll also see a new report that...

The euro was mostly stronger against major currencies through the european session as the EUR/USD gained to $1.3490, the EUR/GBP strengthened to £0.8434, the EUR/CHF came off to CHF 1.2286, and...

The risk trade is trading with a slight soft bias with the key themes being the never ending taper debate. The price action showing short-term movements on US data releases as the market has focused...

Market CommentaryThe Dollar Index (DX) is finding stability at 80.00 ranges to currently trade at 80.60 ranges with 81.00-81.20 ranges still posting a formidable resistance. The medium term trend is...

EUR/USD - European SessionThe pair extended the negative trading and stabilized below 78.6% correction at 1.3505. Meanwhile, the pair failed to stabilize below the previous top 1.3452 and is still...

Markets have sunk back into a period of dullness after the great run-up in expectations, and the subsequent fall-off that the Fed meeting and the surprise decision caused. Equities have remained...

EUR/USDThe euro softened slightly against the dollar on Tuesday after comments from Federal Reserve officials left markets unclear as to when the Fed will begin tapering monetary stimulus measures,...

Asian indices fell for second day while dollar inched higher in early Asian trade. The New Zealand dollar traded lower against U.S dollar after showed an unexpected decline in New Zealand’s...