Forex Opinion & Analysis

The AUD/USD rallied well to finish last week moving from below 0.91 back towards the short term resistance level at 0.92, however in the last 24 hours it has been sold off quite heavily pushing it...

The euro rose to two-week high against the yen after Germany’s Bundesbank said the European Central Bank’s pledge to keep borrowing costs low doesn’t rule out higher interest rates...

EUR/USD for Tuesday, August 20, 2013The Euro finished last week just easing away from the long term resistance level at 1.34 which has seen it start the new week trading around 1.3330. The last 24...

What dates and events will have most impact on the currency markets for the remainder of 2013?Monthly U.S. NFP reports, Japanese inflation and Consumer Price Index updates, and European bond sales...

NZDUSD has seen strong gains in the last two weeks since its recent low of 0.7746 (4th Aug). The pair has been trading in an upward channel since then, reaching a high of 0.81607 today (19th Aug)...

The annual retreat for Fed members in Jackson Hole, Wyoming, which begins Thursday, and the release of the minutes of the most recent FOMC meeting will be the main events that bear watching this week...

EUR/USD:Open 1.3335 High 1.3375 Low 1.3314 Close 1.3330On Monday EUR/USD continued trading within narrow 60 pip range. The european currency appreciated from 1.3314 to 1.3375 yesterday, matching the...

The GBP/USD reversed well to finish out last week, surging higher through the resistance level at 1.56 to a new two month high around 1.5650. It has now spent the last few days since consolidating and...

FX: If The Bond Bubble BurstsAUD: What To Expect From RBA MinutesNZD: Service Sector PMI Hits 9-Month HighsCAD: Drop In Oil And Gas PricesEUR: Consolidation Below 1.34 ContinuesGBP: Shrugs Off...

The rupee's drop in value has led to the Indian currency falling to a new record low against the US dollar. During early trade Monday morning, the rupee fell to as low as 62.49 against the...

Video summary: Our forecast remains: the USD/JPY likely set an important bottom and we'd like to trade it higher. But from where?Watch our full rundown.

A better rally to end the week to probe above the latter July peak at .8105 and switch the near term outlook to more positive after the erratic range theme of the past 2-3 weeks.This now re-energizes...

As the prime time for summer vacations, August is typically one of the quieter months in the foreign exchange market and with no European or U.S. economic reports on the calendar, we don't anticipate...

USD/JPY found a support last week around 95-96 level as expected from where sharp rally suggests that market accomplished wave C) of a triangle and that price is now moving higher in wave D), still...