Forex Opinion & Analysis

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...

Today’s highlightsServices PMI (GB, 09:30 GMT)Spanish 10-Year Obligacion Auction (Spain, 09:50 GMT)Retail Sales (MoM) (EU, 10:00 GMT)ADP Nonfarm Employment Change (U.S, 13:15 GMT)Nonfarm...

The euro headed higher against the U.S. dollar during Asian trade on Wednesday, to a high of 1.3115. The EUR/JPY triggered stops, hitting a high of 107.89, and helping the EUR/USD to get a boost....

USD/JPY Open 82.81 High 82.34 Low 81.71 Close 81.88On Tuesday USD/JPY continued decreasing with 50 pips. The currency couple depreciated from 82.19 to 81.71 yesterday, matching the negative money flow...

AUD/CAD continues to rise after the recent breakout of the well-formed Triangle chart pattern identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart...

Recap: Price flirted with – but did not break – our rising support yesterday so we stayed flat on this pair. Surprisingly UJ was the only pair that had a trade setup triggered (20 pips...

The U.S. Dollar traded mixed and declined against the euro as fears over the looming fiscal cliff continued to affect market sentiment. According to sources, Republican lawmakers have proposed cuts in...

U.S. Dollar Trading (USD) the dollar was sold across the board even with soggy US stocks as the "fiscal cliff" negotiations continued and little progress being made. The Bank of Canada held Interest...

Though general market conditions are not conducive to maintaining trends and US equities – as a benchmark for risk appetite – have floundered, the safe haven dollar has nevertheless...

Technical Major CurrenciesEUR/USD The pair moved to the upside to breach the key support level of the sideways range as shown on the chart threatening the suggested scenario of a possible downside...