Forex Opinion & Analysis

The British pound continues to fire on all four cylinders, and has posted sharp gains on Thursday. The pair has gained over one cent on the day, and has barreled past the 1.55 line. GBP/USD is at its...

USD/CAD continues to trade quietly, as the pair trades in the mid-1.03 level early in the North American session on Thursday. The pair has settled down after strong volatility to start the week. In...

Australia’s dollar dropped versus the yen, set for its worst weekly rout since 2011, before Chinese data tomorrow forecast to show growth in imports slowed, dimming the demand outlook for...

Daily ChartUSD took yet another beating yesterday, sending USD/JPY below a sequence of significant trendline en route to the Mar swing high of 96.8, which price is in the midst of breaking. This...

Will Nonfarm Payrolls Save Or Kill The Dollar?Euro Bursts Higher As ECB Talks RecoveryGBP: BoE King Leaves Policy Unchanged At Final MeetingCAD Soars But Watch Out For Weak Employment NumbersAUD:...

Using a Chinese concept to describe the Japanese currency may seem like cultural funambulism but the truth of the matter is that the yen has seen overstretching on either side. On the yang side we had...

Despite a rather dull and predictable ECB Press Conference with the one real note being the improved growth forecast in 2014, the markets shot up today and last night's order book ensured we were on...

Forex traders drove the euro higher on the back of the European Central Bank's monetary policy decision. While the ECB left interest rates unchanged at 0.50%, slightly more optimism from Mario Draghi...

EUR/USDAbsence of policy easing, as well as marginal upward revision to 2014 GDP forecast from the ECB supported EUR and weighed on the core fixed income products as market participants were forced to...

The Euro is squeezing mercilessly higher into the ECB meeting today. That meeting might put the kibosh on the rally if the negative deposit rates discussion is re-opened at the Draghi press...

Currently we are at 0.8488. We are looking for a continuation to the S3 at 0.8456 then a bounce up on the Day chart trend line. The current average daily trading range (ATR) is 56 pips.

The yen flexed some muscle on Wednesday, taking advantage of stock market jitters in Japan. USD/JPY has settled down in Thursday trading. The pair is trading slightly above the 99 level, and dipped...

EUR/USD continues to stay close to the 1.31 level, which has seen a fair bit of activity this week. The pair was trading in the low-1.31 range in Thursday’s European session. The markets are...