Forex Opinion & Analysis

The EUR pushed lower yesterday, breaking the previous 1.306 swing low and extended the bearish move post Bernanke’s Tapering talks. This decline is similar to the one on Tuesday, in the sense...

Positive CB Consumer Confidence data, Durable Goods Orders and encouraging real estate sector figures gave markets a boost yesterday after a trying month of June. The news helped propel the greenback...

Dollar Advances Alongside Equities as Market Debates September TaperThe positive correlation between the US dollar and S&P 500 is solidifying again – which is a disappointing sign for those...

BIAS: The 97.55 - 98.00 range looks importantResistance: 97.93-00 98.18-23 98.40 98.68-88Support: 97.55-60 97.23 96.96 96.74MAIN ANALYSIS: No break above 98.35 to confirm the larger move to 99.28+....

The market heard my comment about “my pace” and quickened its progress slightly, more thanks to a shallow intermediate correction in EUR/USD and GBP/USD. Thus, all three Europeans lost out...

Almost exactly a year ago we discussed the issues faced by India, as that nation's currency weakened to record lows. We are now back to another round of rupee devaluation. In the last few days the...

The USD/JPY continues its sideways movement in a range between 96.86 and 98.70. Key support is located at 96.86, as long as this level holds, the price action in the range could be treated as...

Market Review - 26/06/2013 21:29GMTEuro weakens on negative comments from ECB's DraghiThe single currency fell against the dollar and yen on Wednesday after European Central Bank President Mario...

EUR/USD (daily chart) has dropped down to key support around the major 1.3000 figure, establishing a new three-week low for the currency pair. Today’s drop continues the dramatic decline that...

Video summary: We're living in virtually-unprecented times with the largest Bond Bubble in a generation in the middle of bursting. Why do I think this leaves the Euro at $1.20?I wrote about that in...

India’s rupee was one of the hardest hit currencies on the current USD rally. The rupee depreciated 1.8 percent to 60.73 per dollar after reaching 60.77, its lowest-ever level versus the...

Almost three months have passed since the Federal Reserve announced a third round of quantitative easing. In that time, a Presidential election and now audible negotiations over the Fiscal Cliff have...

The mixed performance of the U.S. dollar today is a sign of exhaustion in the FX market. The currencies that have seen the greatest losses in recent weeks (AUD, NZD and CAD) are rebounding while the...