Forex Opinion & Analysis

Data/Event RisksEUR: Only German industrial production figures out mid-morning, otherwise little of consequence. ECB meeting tomorrow – Draghi will renew his vows of commitment to the single...

USD/JPY Open 86.89 High 87.81 Low 86.81 Close 87.03On Tuesday USD/JPY continued decreasing with 100 pips. The currency couple depreciated from 87.81 to 86.81 yesterday, matching the negative money...

Euro complacency appears high while the chart shows the euro on the defensive – will the ECB clear things up? Also, the JPY rally has so far proved short-lived as the yen weakened again on new...

The euro took losses against several of its main currency rivals yesterday, following the release of worse than expected EU retail sales and German factory orders data. The news also led to bearish...

The European macroeconomic picture remains weak, following a slew of data that confirmed that even the German powerhouse is still stuck in reverse. Most of this was expected however, and it was an...

The yen has trimmed away early Asian gains and is trading down almost half percent against the American dollar and the euro. In particular, it is trading at 87.45 against the dollar and at 114.30...

Recap: Our profitable streak into 2013 continues, with 101 pips booked yesterday – 60 on EU and 43 on USD/CHF.Our long on EU was triggered on the 3052 resistance break and quickly jumped and...

The U.S. dollar rallied as demand for safe havens increased following the release of a report which indicated that the U.S. government may run out of money by the month of February. This publication,...

U.S. Dollar Trading (USD)Mild profit taking led to downside across most markets overnight with investors turning cautious ahead of the ECB meeting today. US Consumer Credit increased more than...