Forex Opinion & Analysis

USDThe dollar had a better day on Wednesday, rising a little versus most other major currencies. A lower-than-expected reading for ADP Employment change, which rose by 118k when a 125k rise had been...

How to position for what I perceive to be a U.S. dollar appreciation that will play out in the coming weeks? Well I guess one could buy the dollar but I prefer to position clients in markets that I...

There has been much fanfare over the swap lines that China's central bank has established with numerous countries. Many observers see those lines as evidence of the internationalization of the yuan...

The U.S. dollar is trading higher against all of the major currencies this morning on the back of better-than-expected economic data. According to the ISM report, service activity accelerated in the...

EUR/USDThe pair settled the session lower, after less-than-impressive demand for the latest debt auctions by the Spanish Treasury caused yield spreads to widen. In addition to that, the release of...

The cable is showing a head and shoulders pattern on the hourly chart which looks like it will probably break down. A decisive break below 1.6079 could signal a move down to the price target at...

Bulls probably feeling a bit exposed as EUR/USD consolidates after teasing above first resistance levels. We could see more nervous trading in the coming days through next Wednesday’s FOMC...

Market enthusiasm seems weary at best, despite the various asset classes taking their cue from an upbeat overnight Asian session. Even the new Chinese leader, Xi Jinping, made some encouraging...

USD/JPY: The market has pulled back after forming a Spinning Top candlestick. We are no seeing some consolidation above the 76.4% retracement at 81.78. Looking up, we see resistance at the 100% level...

EUR/USD has corrected back from a strong resistance level of pivots situated at 1.3120. It has found support at the trend line at 1.3090. Overall the uptrend is still intact and it will probably...

The USD moves over the last 24 hours have contrasted with the normally negative USD/risk appetite negative correlation as the concern for the USD is that the Fed may be ready to replace Operation...

EZ Final PMI reading showed a marked improvement rising to their best levels in more than three months helping to keep risk FX bid in early morning European trade. The EZ combined PMI was upwardly...

EUR/USDAfter the successful break of the 1.3075 resistance level, the pair confirms its bullish bias. Next target levels are 1.3130 and 1.3170. Eventual correction movement and trend breaking...

George Osborne’s Autumn Statement is due today and with it the news that austerity will likely last at least another 3 years longer than had previously been expected given the recovery’s...