Forex Opinion & Analysis

Dollar Rally Stalls Before Breakout as ISM Data Stirs Taper TalkJust shy of breaking to fresh three-year highs, the Dow Jones FXCM Dollar Index (USDollar) stalled once again short of 10,875...

Australian dollar returned to fall against its U.S. counterpart and other major currencies after the Australian Central Bank fixed interest rates at their lowest level of 2.75%. Australia's Central...

HOURLY CHART2nd July:At long last recent moves have gone in line with my forecasts and this does seem to favour my expectations of the 0.9060-79 area holding. We may have seen the (cyan) Wave iv at...

Monday’s forecasts went in out direction for the most part, infact all pairs behaved close to what was thought possible. As suspected markets seems to be ranging, we will have to wait and see on...

EUR/USD Open 1.3066 High 1.3073 Low 1.3002 Close 1.3061On Monday Euro/Dollar traded within 70 pip range. The European currency appreciated from 1.3002 to 1.3073 yesterday, not matching the negative...

EUR/USD stays in a trading range between 1.2985 and 1.3102. Key resistance is at 1.3102, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend...

Market Review - 01/07/2013 22:24GMTYen weakens broadly on upbeat manufacturing dataThe Japanese yen dropped against other currencies on Monday on improved risk appetite as the manufacturing data from...

Opportunity And Risks Of Buying USD/JPYShort But Busy Week For The DollarEUR: Stronger Data Keeps 1.30 IntactGBP: Shrugs Off Stronger Manufacturing DataAUD: What To Expect From RBACAD: Oil And Gold...

USD/JPY (daily chart) has continued its sharp recovery of the past two weeks to approach major resistance around the key 100.00 figure on Monday. This partial recovery follows a substantial bearish...

The gesture of Fed Reserve that it may reduce the pace of its bond purchase program at the end of this 2013 and completely scale back in the middle of 2014 has already made foreign institutional...

Currencies and equities are having a strong start to a shortened but busy trading week. With U.S. markets closed on Thursday for the July-4 holiday, volume in the financial markets will start to...

EUR/USDThe pair finished the session in minor positive territory after market participants reacted positively to the release of better-than-expected PMIs as well as reports that the ECB is studying...