Forex Opinion & Analysis

EUR/USD Open 1.3363 High 1.3390 Low 1.3277 Close 1.3369On Thursday Euro/Dollar traded within 110 pip range. The European currency depreciated from 1.3390 to 1.3277 yesterday, not matching the positive...

FX: Are U.S. Investors In Denial?JPY: When Will The BoJ Cry Uncle?EUR: Cautious ECB Monthly ReportAUD: Stronger Data Drives Short-Covering RallyCAD: Upside Surprise In Data ContinuesNZD: Business PMI...

Markets have really continued the grind we previously mentioned, however we started to see the order books clear out some of the heavily short positions and potentially look at turning their over...

The USD/JPY on the daily chart has extended its decline of the past three weeks by breaking down below key support around the 95.00 area. Although the current downside correction has constituted the...

A suddenly strong U.S. dollar is claiming rival currency victims throughout the emerging world. Earlier this week, the Indian rupee touched a record low against the greenback. Forwards on the...

EUR/USDThe lack of major macroeconomic data out of Europe meant that EUR/USD, as well as GBP/USD traded sideways throughout the morning session. Of note, the World Bank cut its euro zone 2013 growth...

This morning's U.S. economic reports have taken a backseat to the massive rally in the Japanese Yen and the ugly decline in Japanese stocks overnight. The Nikkei fell another 6%, adding to losses...

EUR/USDCurrent level - 1.3357The uptrend here is absolutely stable and intac. My outlook is bullish, for a rise towards 1.3430 and 1.3510. Initial intraday support is projected at 1.3320, and crucial...

Open second clip of receive 1Y EUR swaps, 2Y forward @ 1.05%. Average entry 0.99%, target @ 0.60%, stop @ 1.21%, roll-down +10bp in 3M. First ½ position was opened @ 0.925% on 4 June (see Trade...

Buyers continue their upswing without any hesitation. Currently the price is on the highest levels since February 21. With the exception of the previous Friday, today could be the eighth day in a row...

Although the yen received strong weakening signals a few weeks ago, it is currently gaining strength and setting new lows. When we look at the daily chart, we can see that sellers managed to break the...

The Japanese yen is red-hot, as the currency makes strong inroads against the retreating US dollar. USD/JPY is trading in the mid-94 range, its lowest level since early April. The yen has now surged...