Forex Opinion & Analysis

Being contained by 1.5751 (Jun 17 high) resistance, GBP/USD pulls back from 1.5717, suggesting that consolidation of the uptrend from 1.5102 is underway. Deeper decline would likely be seen in a...

Minutes of the U.S. Central Bank's July 30-31 meeting, released on Wednesday, showed that almost all of the 12 members of the policy-making Federal Open Market Committee agreed a change to the...

Video summary: The US Dollar stands at critical support versus the Japanese Yen and looks shaky versus the Euro. Where might we buy and what could invalidate the trade?The video shows a number of key...

Long term, we remain in the euro's corner until proven otherwise. That said, they have both treaded water for the better part of 2013 -- trading momentum drives while trending in the same direction....

I expect the US dollar to stage a rebound from current trade. The same support levels that held in mid-June I expect to hold around 80.70 in September futures. The first confirmation that an interim...

USDCAD aiming through key barriers at 1.0440/45As expected, a more resilient tone to the broader range theme with a push above minor resistances at 1.0395/00.Although we still see a range theme...

In our 5 Things to Watch Next Week column on Friday, we focused on Cable and the Loonie as being worthy of (y)our attention. Indeed, we were right.As we can see from the chart below of the...

The Australian dollar has been pointed in a downward direction all week and has lost about one cent against the US dollar since the start of trading this week. AUD/USD flirted with the 90 level on...

• The dollar was stronger against almost all currencies from its opening levels at midday in Europe Wednesday as investors look forward to the minutes from the FOMC’s July meeting. In our...

Ahead of today's Federal Open Market Committee July minutes release, we look at the dollar from a more fundamental and broader perspective. In particular, I highlight the reasons why I believe that...

The minutes from the last FOMC meeting is scheduled for release today and FX traders are gearing up for a potentially big reaction in the forex markets. Given our experience, we have seen lofty...

EUR/USDThe pair finished the session lower, amid a firmer USD ahead of the FOMC minutes releas. Profit taking flows in the GBP related cross which moved back below the 100 DMA line after topping the...

USD/JPY has had a quiet week and this trend is continuing in Wednesday trading. In the European session, the pair is trading in the mid-97 range. It’s a very quiet start to the week, with just...