Forex Opinion & Analysis

The U.S. dollar declined after the Federal Reserve announced that it would increase a third round of quantitative easing by adding another $45 billion in Treasurys to the monthly purchases. Fed...

Technical Major CurrenciesEUR/USDThe pair failed the negative expectations by stabilizing above 1.3015 levels. Today, we find the pair stabilizing close to key resistance levels of the correctional...

U.S. Dollar Trading (USD) the FOMC delivered a Christmas present for investors overnight promising to keep US interest rates low until the Unemployment Rate is under 6.5%. Stocks took off and the USD...

While the dollar was broadly pressured after Fed's extension of the quantitative easing, it's the Japanese yen that's suffered most. Fed's easing measures met generally market expectations but it was...

The euro climbed on Wednesday morning, trading at 1.3036. The common currency soared against the dollar as many began to speculate that the Fed will make Treasury purchases in addition to a program...

GBP/USD Open 1.6134 High 1.6172 Low 1.6094 Close 1.6147On Wednesday GBP/USD continued increasing with almost 80 pips. The cable appreciated from 1.6094 to 1.6172 yesterday, in line with the positive...

The cable's rally above 1.6131 to a 5-week high of 1.61 73 confirms the upmove from 1.5828 (November) has once again resumed. A gain to 1.6190/00 is envisaged, however, overbought conditions should...

USD/SGDA larger corrective wave from 1.1990 (Jul’11 low) may be unfolding in a multi-month flat wave within a range of 1.3200 and 1.2000. The setback from 1.2970 (June high) could be a wave (Y)...

EUR/USDThe euro may strengthen against its U.S. counterpart to the highest level in more than a year if the shared currency closes the week above a so-called retracement level of $1.30, the market is...