Forex Opinion & Analysis

USD/JPY is treading very softly, showing almost no movement in Tuesday trading. In the European session, the pair is trading slightly above the 99 line. In economic news, US releases continue to...

USD/SEK declines as dollar weakens generallyThe dollar fell slightly against 9 of its G10 counterparts ahead of tomorrow’s FOMC meeting with the SEK experiencing the biggest gains despite the...

Fundamental AnalysisGerman Zew Economic Sentiment surprised investors The German Zew economic sentiment came in at a much better level which has pushed the euro higher and we saw the high of the day...

The USD/JPY pair trading in an upward channel on a 30 minute time frame. The price has not broken this channel yet which confirms that the upward trend is well intact. However, the pair is also...

GBP/USDThe pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.5880, which will be followed by reaching resistance level 1.5955. And,...

EUR/USDThe pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.3328, which will be followed by reaching resistance level 1.3380 -...

With tomorrow’s FOMC projections and announcements being such a big deal, it’s only natural that the markets priority at this stage is caution – dealers do not want to be taken out...

Last week brought encouraging news about the Canadian real estate market. First, the Building Permits figure for July was up 20.7% in dollar terms. Also, the Teranet – National Bank National...

Market Drivers for September 17, 2013 RBA minutes shows a more dovish stance UK Inflation lower sending pound to 5900 Nikkei -.65% Europe -0.50% Oil $106/bbl Gold $1319/oz. Europe and AsiaEUR: CA...

I last took a close look at the dollar index (DXY) on August 21 (FX Update: Employing the dollar index as a timing tool). At that time, the index was trading at multi-month lows and at a key...

Major currencies are jockeying for position ahead of tomorrow’s Federal Open Market Committee meeting (FOMC). Some room for GBP and EUR to react to CPI and ZEW Survey data, respectively, today....

The U.S. Dollar plunged against most of its forex counterparts as Lawrence Summers, the former U.S. Treasury Secretary, announced that he had withdrawn his name from the list of candidates for the...

The Indian rupee has recovered strongly in the last few weeks which has coincided with the arrival of the new governor of the Reserve Bank of India, Dr. Raghuram Rajan (who started his new job on 4th...

The EUR/USD pair has pulled back to fill the gap opened yesterday morning, and after almost filling it has now started to rise again. It is probably resuming the short-term up-trend which remains...