Forex Opinion & Analysis

Last Wednesday, the Bank of Canada revised its growth projection for 2013, from 2% to 1.5%. The main reason it gave for this large change was reductions in government spending. The Bank is also...

The slowing of the world's second largest economy, China, was the major point of concern for investors last week. Both gold and copper entered into a bear market last week with copper prices plunging...

Last week’s two-day G20 meeting ended up running “true-to-form” – Japan was left alone, again allowing short yen positions to dominate positioning. In fact, the member nations...

Asia tried to start the week on a positive note, but we can’t pretend last week didn’t happen. As well, Bernanke dropped a bomb on Saturday that underlines the likelihood that he...

Market Drivers, April 22, 2013USD/JPY gaps higher post G-20 but stalls ahead of 100.00High beta FX struggles near lows of the dayEurope 0.61% Nikkei 1.89%Oil $87.97/bblGold $1421/oz..Europe and Asia...

Market CommentaryThe Dollar Index (DX) is currently range bound between 83.40 and 81.80 with 82.88 acting as intermediate resistance. The medium term trend is intact till DX hangs on above 81.80;...

DISCLOSURE & DISCLAIMER: The Above Is For Informational Purposes Only And Not To Be Construed As Specific Trading Advice. Responsibility For Trade Decisions Is Solely With The Reader.by Naeem...

The G20 meeting in Washington over the weekend ended with a tacit endorsement of the recent Japanese monetary policy that has caused the yen to lose 11% over the past 3 months, and has the Nikkei 30%...

USD/JPY Open 99.84 High 99.89 Low 98.09 Close 99.47On Friday Dollar/Yen resumed increasing with 160 pips after G20 meeting. The currency couple appreciated from 98.09 to 99.69 on Friday, matching the...

The U.S dollar made another run higher toward the 100Yen level after officials from the world’s largest economies signaled their approval of Japan’s new efforts to stimulate growth through...