Currency Analysis & Opinion

EUR/USD renewed buying pressures EUR/USD keeps on increasing. The pair has strongly bounced back and broke resistance at 1.2325 (17/02/2018). Hourly support is given at 1.2165 (17/01/2017 low). The...

A green-gilled greenback and a half decent UK jobs report made for a very strong Wednesday for the pound. Kicking the currency while it was down, US Treasury Secretary Steven Mnuchin claimed at a...

Since the beginning of the week, the US dollar has consolidated losses against most of its peers. However, it seems that this period is over as investors have started to sell the greenback once...

UK labour market figures for the 3 months through to November have come in slightly ahead of expectations.Unemployment has remained steady at 4.3% but the big news is that average earnings are still...

Market OverviewThe long term trend for the dollar is negative and once more its support seem to be breaking down which is impacting across financial markets. The fact that there seems to be little the...

Early on Tuesday we had news from the Bank of Japan (BOJ) where the president of the bank of Japan came back to talk about the fact that the current monetary policy will remain unchanged.Topics such...

As mentioned, the GBP/USD has rallied hard into long-term resistance around the 1.40 area, which was the low hit just before the Brexit vote in June 2016.Like the cable, the GBP/JPY has also rallied...

As the US dollar remained pressured and near a new 3-year low against a basket of other major currencies on Tuesday, the euro continued to be well-supported and resilient just off its own 3-year high...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a volatile day in the foreign-exchange market with the Dollar Index falling to a 3-year low. This decline drove all of...

All hail the mighty pound! GBP/USD posted fresh 19 month highs during today’s session, after breaking the 1.40 level for the first time overnight in the same period. This afternoon has seen a...

The GBP/USD finally hit that key 1.40 handle in overnight trading. This came after a sharp rally on Monday and on the back of a 5-week winning streak for the cable. Understandably, it ran into some...

Below you'll find a technical analysis on the major forex pairs from Live Trading Room: AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXYEnjoy

Market OverviewThe politicians on Capitol Hill have finally got their act together and come to an agreement that can bring to an end the US Government shutdown. And the bulls on global equity markets...

Correction in the EUR/USD is likelyA midterm-spread in US-Bunds and US-Europe yields suggests a correction in EUR/USD is likely. This, after the minutes of the last European Central Bank monetary...