Forex Opinion & Analysis

Both AUDUSD and NZDUSD were given a strong boost this week after the decision by the US Federal Reserve to maintain the pace of asset purchases, but unlike Aussie, NZD is showing greater strength that...

EURUSD risk to 1.3711 this week and 1.3835 into nextAn aggressive rally post FOMC has allowed for a surge through the August peak at 1.3450 and next target at the 78.65 retrace of the 2013 erosion...

TodaySo today saw the follow up to the initial market reaction to the Fed decision not to taper. In most cases today we have seen some US Dollar strength and recovery following on from the initially...

Dollar Rebounds but Bulls Need Risk, Perhaps US Debt Concerns The enthusiasm for yield-bearing and discounted risky assets following the Fed’s surprise "No Taper" decision seems to have stalled...

Focus: The pair need to break the 1.3591 resistance zone to confirm the uptrend. The immediate term support zone could be near the 1.3354 level.Strategy in PlayThe EUR/USD has fallen from its...

Thursday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what was thought possible, especially GBP/USD, USD/CAD, and the two oceanic pairs the AUD/USD...

The Fed told us many times “tapering is not tightening”. By that same logic, yesterday’s “not to tapering” is “no easing”. But the resulting market response...

It was a more settled day and overall successful across all currency pairs, except perhaps with the USD/JPY. But, I had a rather “just observe approach” there. Overall it was obviously...