Forex Opinion & Analysis

Yen crosses weakened mildly in Asian session today on profit taking, following retreat in equities. The Japanese yen is also weighed down mildly by comments from Japanese Economics Minister Amari, who...

Last week produced many newsworthy items from outside North America. First, at a news conference on Thursday, Mario Draghi, the President of the European Central Bank, declared that the eurozone...

GBP/JPY Still running its take no prisoners bull trend, the GBP/JPY has yet to produce a sell signal yet. Generally in bull trends, it will create a breakout pullback setup at a prior swing high,...

EUR/USDTrading range: 1.3385 - 1.3285Trend: DownwardSell at 1.3374 SL 1.3406 TP 1.3297USD/JPYTrading range: 89.20 - 88.30Trend: DownwardSell at 89.09 SL 89.41 TP 88.37GBP/USDTrading range: 1.6095 -...

The euro began the week on a high Monday morning as investor confidence in the region seemed to be returning. The common currency traded at 1.3383 after encouraging words from German Finance Minister...

Market CommentaryThe US dollar traded mixed wherein it has traded weak against the euro and the aussie; it continued to appreciate against the Japanese yen and traded flat against the aable. The...

The weak Yen trend continued last week as USD/JPY broke the 89.00 handle for the first time since April 2011, whilst the Yen crosses including the EUR/JPY and AUD/JPY also broke out to fresh highs.Yen...

Cable closed the week slightly higher as global sentiment improved somewhat. Domestic activity was a non event as the Bank of England refrained from adding additional stimulus as previous efforts...

EUR/USD broke higher last week on the back of a an upbeat press conference following the ECB opting to hold steady with current monetary policy. ECB leader Mario Draghi cited positive contagion in the...

The dollar found itself on the back foot last week as positive global developments led investors to move out of the safe haven and in to risker, higher yielding asset classes. We can look to positive...

The Chairman of China Securities Regulatory Commission (similar to the US SEC) said that China can increase by 10-fold the size of the two main channels by which foreign investors buy mainland...

EUR/USD remains in uptrend from 1.2998, and the rise extends to as high as 1.3403. Further rise could be expected and next target would be at 1.3500 area. Support is at 1.3300, as long as this level...

USD: Bernanke Avoids Talking About Ending QEEUR: Risk Of Weaker Data And EUR/CHF RallyEUR/GBP: Highest Level Since December 2011CAD: Business Grow More Optimistic In Q4AUD: Shrugs Off Weaker Housing...