Forex Opinion & Analysis

EUR/USD is steady in Wednesday trading, as the pair was trading slightly below the 1.34 line in the European session. The markets are keeping a close eye on the Federal Reserve, which will release the...

The U.S. Dollar was stronger against most major rivals through the European session as EUR/USD slumped to US$ 1.3385, USD/JPY tested ¥97.67, AUD/USD fell to US$ 0.8999, and NZD/USD weakened to US$...

Investors will be focusing on any taper talk in the minutes from the July 30th/31st FOMC meeting released later this afternoon. The million-dollar question is will there be anything new on the topic?...

The U.S. Dollar weakened against the majority of its forex peers as markets braced for the release of the Federal Reserve’s July policy meeting minutes, which will hopefully contain clues on the...

EUR/USDCurrent level - 1.3392Yesterday's break through 1.3380 signals a renewal of the upmove from 1.3205, but my outlook is counter-trend, for a slide through 1.3320 crucial level, en route to 1.32+....

Yesterday saw a rather bizarre rush higher in EURUSD in a complete news vacuum amid rumours of stop- and barrier-hunting. Today, we’re getting some consolidation as the market respects the...

BIAS: Being close to the final high there is risk of volatilityResistance: 1.3425, 1.3451-6, 1.3482, 1.3505Support: 1.3406-14, 1.3375-80, 1.3357, 1.3338MAIN ANALYSIS: Direct gains were seen but...

The downtrend in the AUD is continuing strong, with prices currently trading below yesterday’s low despite a bullish recovery back towards 0.91 during European/early US hours. The rally...

After spending more than 48 hours between 1.332 and 1.375 since last Friday, prices finally broke higher, hitting above 1.34 and reached a high of 1.345 yesterday. Interestingly, there wasn’t...

USD/JPY Open 97.32 High 97.87 Low 96.90 Close 97.23On Tuesday USD/JPY decreased with almost 100 pips. The currency couple depreciated from 97.87 to 96.90 yesterday, matching the negative money flow...

Finally Wednesday has come, and with it comes some news flow that will hopefully give us more hints as to the thoughts of the FOMC members who will continue to drive markets through the rest of the...

EUR/USDThe euro hit a 6-month high against the dollar on Tuesday after a Federal Reserve barometer of U.S. economic activity disappointed investors and dashed expectations held by many that monetary...

Asian indices decline for fifth day as investors awaited details of discussions at the Federal Reserve’s last policy meeting to gauge when the central bank might pare its bond purchases....