Forex Opinion & Analysis

Don't Count on the Dollar Rising Post FOMCGBP: Will BoE Minutes Contain A More Optimistic Tone?EUR: Strongest Investor Confidence In 3 YearsAUD Shrugs Off RBA MinutesNZD At Strongest Level Since...

The market expects a $10billion reduction in asset purchases to be announced by the Fed tomorrow, however the Fed are between a rock and a hard place. They need to begin reducing asset purchases...

Near Term EUR/USD OutlookThe market continues higher from the Sept-6 low at 1.3105. Though there is no confirmation of even a shorter term top so far (5 waves down on nearer-term chart for example),...

USD/CAD is not showing much movement in Tuesday trading. In the North American session, the pair is trading just below the 1.03 line. The markets are eagerly awaiting the FOMC Statement, which will be...

Part of me thinks I'm jumping the gun here a bit, and should wait for more signs that the uptrend is in place. But at least for now, the setup meets my requirements, so I'll stick with my plan until...

Currency markets are slowing down in anticipation of a major risk event of the year, which is the much anticipated Federal Open Market Committee announcement on Wednesday. Many investors are focusing...

The dollar selling frenzy that happened on Monday in reaction to the announcement of Larry Summers withdrawing his candidacy to be the next Fed chairman has eased and we have seen a reversal since the...

The U.S. dollar continued to trade lower against all of the major currencies this morning with the exception of the Japanese Yen. While the lack of big moves in the FX market suggests that traders are...

EUR/USDThe pair finished the session higher, supported by a weaker USD and also the release of an encouraging ZEW survey. The USD was primarily weighed on by market participants squaring positions...

The euro traded steadily above $1.33 on Tuesday as Europe prepared for the US Federal Reserve's two day meeting. Despite recent poor data, the common currency got a boost over the weekend when...

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...