Forex Opinion & Analysis

Dollar’s Best Week in 3 Years Spark for 110 USD/JPY, 1.2000 EUR/USD?The Fed delivered the global financial markets its biggest shock this past week since the US default brinkmanship resulted in...

The US dollar was trading at four month lows into the middle of last week against the euro, sterling and Swiss franc. This was reflected in the Dollar Index, which was also at four month lows. The...

EUR/USDWhat Forex Target Traders See: We are currently sitting at 1.3125 on the .500 Fibo in a corrective A-B-C move down. The move is too steep to declare it a down trend. We are waiting to see if we...

The 17-member single currency got the “kiss of death” from the Fed – just like other currencies against the dollar. It has been a tough two weeks for the one of the G3 member...

EUR/USD (daily chart) has extended its three-day decline by dropping to major support around the 1.3150 price region. This drop occurs on marked US dollar strength this week that saw the pair end a...

EUR/USDThe price action was dominated by bond vigilantes, with stocks in Europe and the US also in free-fall mode as market participants reacted to the release of less than impressive macroeconomic...

The US dollar is up sharply against its Canadian counterpart on Friday, as the greenback takes full advantage of weak Canadian retail sales and inflation numbers. The pair has jumped close to one...

After big moves in the financial markets this week, currencies and equities are trading quietly today with Japanese stocks rebounding overnight, European shares moving higher and U.S. equity futures...

Close position to receive 1Y EUR swap rate, 2Y forward @ 1.21%. The first clip was opened at 0.925%, the second clip at 1.05%. Average entry is 0.99%. The position is closed with an average loss of...

Do investors have time to let some of this week’s open wounds to heal? Time is commodity we are trading. The market assumed that Ben and company would perhaps be a ‘wee bit’ more...

The USD/JPY pair fell from its resistance on a 30 minute time frame as predicted. This resistance level was given in our analysis yesterday. The price is visiting the same level again for the third...

EUR/USD - European SessionFollowing the drop on Thursday, the pair returned above 50% correction at 1.3225 with the kick-start of the European session. Stability above this level weakens negativity...

It was always going to get ugly yesterday, once the market realised that the era of cheap money from the Fed is nearing the end. What was interesting about yesterday’s move lower was the sheer...

EUR/USDEuro-area services and factory output increased more than economists forecast in June, adding to signs the currency bloc may emerge from its record-long recession in the second quarter....