Forex Opinion & Analysis

The US dollar has fallen quite a bit this week against the Mexican peso, perhaps in a bid to find yield in a low interest rate environment. After all, out of the most common global currencies, the...

A number of ongoing global narratives kept a lid on the markets with USD trading subdued ahead of major events this week. These include the two-day FOMC meeting starting today and ending tomorrow, and...

The Canadian dollar has posted slight gains in the Tuesday session. Currently, USD/CAD is trading at 1.3310, down 0.20% on the day. On the release front, Canada releases its annual budget, which...

USD/CHF continues to fall inside the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which...

As the Federal Reserve meeting looming, market activity is getting dampened, with US Treasury yields is little changed, hovering around 2.60%. The greenback is mostly lower against the majors after...

USD/MXN keeps moving lower as oil trades higher after OPEC chief Barkindo said that market is responding positively to OPEC meeting. Technically speaking, we see USD/MXN making a sharp drop down from...

The British pound fell yesterday afternoon after the House of Commons Speaker John Bercow essentially banned Theresa May’s Brexit deal from getting a third vote. Although prices later recovered,...

We sure have seen some difficult development and I’m pretty certain that this will continue. Some pairs are in corrections while others are slowly going through impulsive development. I still...

USD/JPY - EUR/JPY Daily Forecast - March 19, 2019 USD/JPY first support at 111.20/10 but a break below 111.00 targets 110.80/75 then 110.50. There will be minor resistance at 111.50/55 and 111.80/85...

AUD/USD - NZD/USD Daily Forecast - March 19 2019 AUD/USD minor support at 7088/85 but below 7080 targets 7060/50. A break below 7040 tests 2-month trend line support at 7010/05. Stop below 6995 for a...

Quick TakeThe Aussie and to a lesser extent the New Zealand dollar, were the best performers, followed closely by the euro. It was a bit of a disjointed affair, as even the JPY performed relatively...

Key Highlights The British pound climbed to 1.3380 before correcting lower against the US dollar. A major bullish trend line is formed with support at 1.3060 on the 4-hour chart of GBP/USD. GBP/USD...

USD/JPY risk remains lower on more weakness as it closed lower on Monday. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we...

Daily FX Market Roundup March 18, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementMonday's worst-performing currency was the British pound, which fell sharply against all of...