Forex Opinion & Analysis

The U.S. Dollar was bolstered by optimism in the market, but dropped slightly despite better than anticipated Trade Deficit data which showed that the deficit has widened. According to official...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.39; (P) 153.09; (R1) 153.91;The GBP/JPY continues to stay in tight range choppy sideways trading, and outlook is unchanged. Consolidation from 156.77 might...

The Japanese PM Shinzo Abe has tried to outline the third prong of his government’s three prong attack on the country’s deflation and lack of growth. These measures are legislative as...

USD/JPY Open 100.17 High 100.47 Low 99.32 Close 99.89On Tuesday, the USD/JPY traded within the 110 pip range. The currency couple appreciated from 99.32 to 100.42 yesterday, not matching the negative...

The EUR/USD pair is still pushing up against the down-sloping trend-line drawn from the January highs. We have not had a clear and decisive break above, but over time it has nudged higher and moved...

Dollar: Is There Enough in ISM Services Data to Stoke Taper Talk?A valiant effort was made by the US dollar to regain some of the significant ground lost on Monday. Yet, the rebound wouldn’t...

Weekly ChartAfter breaking higher from the Triangle at the start of May, price has been riding steadily higher without any sign of pullback. However, bullish momentum is showing signs of slowing down...

Q1 GDP for Australia came in at 0.6% vs an expected 0.7%, while this figure is slightly disappointing, it is on par with previous quarter’s results of 0.6%. The real disappointment was in the...