Forex Opinion & Analysis

The first half of the year was rather choppy for the US dollar as massive bets of weakness were scaled down. Many on Wall Street expected the dollar to weaken as most of the other major currencies...

EURUSD Forex daily chart The EUR/USD has been going sideways for several days as traders decide on the direction of the next breakout. The bulls want to see the sideways trading over the past two...

Bearish: We are currently at 96.33 after a breakout of the former bullish channel We are looking for a continuation to the ATR at 95.59 with the overall target today, the 4.236 Fibo at 95.44. Watch...

Eurozone and German Services PMIs weaken in June Markets looking for clues as Fed releases minutes on Wednesday EUR/USD is showing limited movement on Wednesday. In the European session, the euro is...

Overview: As US markets prepare to re-open from yesterday's holiday, the dollar is trading mostly higher, though the euro and yen are steady to slightly firmer. Narrow ranges are prevailing. The...

Japanese Services PMI continues to expand Federal Reserve to release June meeting minutes on Wednesday USD/JPY continues to have a very quiet week and is trading at 144.36, down 0.07%, in the European...

The US dollar was mostly softer. The New Zealand dollar was the strongest (~0.85%) helped by cross-rate gains against the Australian dollar, following the RBA’s decision to stand pat. The...

Swiss inflation lower than expected US markets closed on Tuesday Fed minutes will be released on Wednesday The Swiss franc is showing little movement on Tuesday, trading at 0.8959 in the European...

Canada’s GDP surprises to the upside US PCE Price Index eases in June ISM Manufacturing PMI expected to contract The Canadian dollar is trading at 1.3259, up 0.07%. Canadian markets are closed...

Overview: The dollar is recovering from the month-end losses seen at the end of last week. Only the New Zealand dollar among the G10 currencies is holding its own. Japanese reports indicate that...

Money markets split on RBA decision on Tuesday US PCE Price Index eases in May The Australian dollar is showing some movement right off the bat on Monday. AUD/USD fell as much as 70 pips in the Asian...