Forex Opinion & Analysis

EUR/USDThe price action in Europe was largely driven by the release of the most recent MPC meeting minutes, as well as retail sales, which reversed some of the improvement seen in recent months. The...

EUR/USDThe price action in Europe was largely driven by the release of the most recent MPC meeting minutes, as well as retail sales, which reversed some of the improvement seen in recent months. The...

Currently we are at 1.0324. If we can break this top, we are we are looking for a move to the 1.0363 day top and then a continuation up to the R5 resistance at 1.0397. We are bullish. The current...

The euro has slowly come higher and we hit the 61.8 short term Fib at 1.2939. Short term charts are looking a little overbought, so we should see the market come lower as we initially go into the...

Two members of the Federal Open Market Committee have weighed into the debate over stimulus with views that will keep investors on their toes. Federal Reserve Bank of St Louis President James Bullard...

St Louis Fed President, James Bullard, a supposed hawk, has been bullying the ‘single’ currency bears into temporary submission ahead of today’s FOMC meeting minutes or at least he...

It’s been a slow week so far, but that is set to change on Wednesday, as the markets will have plenty of releases to review. All eyes will be on the US Federal Reserve, as we wait for the...

The yen fell to a three-year low against the euro after Bank of Japan policy makers affirmed a plan to double the monetary base over two years and their statement made no reference to rising bond...

Daily ChartMay is a good month of USD/SGD. Price has rallied from a low of 1.2267 to above 1.26 within 2 weeks, a remarkable advance considering that USD/SGD daily movement average is less than 50...

The Australia Westpac Consumer Confidence Index fell 7%, the largest M/M fall since Dec 2011 as the index broke the 100.0 par level, indicating that most Australians surveyed were pessimistic about...

Market Movers for May 22, 2013BOJ would decide on further JGB purchases sends USD/JPY towards 103.00UK Retail Sales worst since April 2012 Cable below 1.5100Nikkei 1.60% Europe 0.06%Oil $95.81Gold...