Forex Opinion & Analysis

GBP/USD Open 1.5030 High 1.5136 Low 1.5007 Close 1.5027On Tuesday, the GBP/USD decreased by110 pips. The Cable depreciated from 1.5136 to 1.5023 yesterday, in line with the negative money flow...

When I last wrote about the Australian dollar (FXA), I targeted a retest of the 2012 low as one of two points to exit my short position on AUD/USD. The test at 0.96 happened last Thursday, May 24, and...

Yesterday we discussed whether the recent bullish breakout of 1.26 was still in play, and concluded that the answer is yes. Price eventually did retest 1.27 once again and even tagged above 1.272 in...

Australian Dollar was in steady decline since Mid April, where price went down from 1.06 and started the slide which we are currently in. However, past few trading days have been relatively...

The British pound continues to lose ground in Tuesday trading, as the pair has slipped to the mid-1.50 level early in the North American session. GBP/USD slipped after US CB Consumer Confidence...

The Australian dollar finally stemmed some of the bleeding on Tuesday, as the currency has moved up against the US dollar. Late in the European session, AUD/USD was trading at 0.9683. In economic...

USD/JPY is up sharply in Tuesday trading, as the Nikkei has steadied after its recent volatility. With the Nikkei showing signs of recovery, the Japanese currency has taken a hit. USD/JPY has climbed...

EUR/USD Open 1.2853 High 1.2950 Low 1.2840 Close 1.2848On Tuesday, the EUR/USD decreased by 100 pips. The European currency depreciated from 1.2950 to 1.2847 yesterday, matching the negative money...

(from my colleagues Dr. Win Thin and Ilan Solot) EM countries are facing serious growth headwinds that favor more monetary easing ahead. Hungary and Israel have already cut rates this week, while...

The EUR/USD continues its sideways movement in a range between 1.2796 and 1.2998. Key resistance is at 1.2998. As long as this level holds, the sideways movement could be treated as consolidation of...

EUR Succumbs To Rise In U.S. YieldsDollar: Another Round Of Good DataCAD: Don't Expect Any Changes From BoCAUD: Will Central Banks Save Gold From Falling Further?NZD: Oil Prices Up Another 1%, Gold...

There is a new sense of energy in the FX markets today but the rally has been contained to only a few major currency pairs. The biggest gains are being enjoyed by USD/JPY and USD/CHF but AUD/USD and...

EUR/USDThe recovery by the pair by mid-point of the session was short lived after the release of better than expected US macroeconomic data further buoyed the USD and in turn weighed on the pair....