Currency Analysis & Opinion

USD/JPYFailure to hit the 121.50 caused a bearish wave yesterday that took the USD/JPY pair below 121.00 once again. These bearish corrective movements contradict with stability above moving...

The Dollar extended losses against a basket of major currencies at the beginning of Tuesday Asian trading, after the release of disappointing U.S. home sales data on yesterday, which increased...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.A strong dollar can be a major problem for the Federal Reserve in a low-growth, low-inflation environment, which unfortunately...

GBP/CAD is one of the volatile crosses that we monitor from time to time. We see continuation of the larger degree of uptrend since we see further weakness in USD/CAD. Currently we are looking for a...

Most central banks around the world have interest rates near to or even below zero with many still firmly in an easing cycle. The ECB and PBOC sent risk assets higher last week with both their words...

On Friday volatility remained elevated in the major markets we’re monitoring in this daily report and the reason has to do with the recent string of news and reports from all over the globe. The...

EUR/GBP: The cross extending its weakness the past week leaving risk of more weakness on the cards. We are however likely to see a price consolidation or even a mild recovery higher. And we think its...

The GBP/JPY was unable to breakout above its resistance area, marked in light grey in the above H4 chart, and is now exposed to a sell-off. The Bollinger Band® indicator supports the strong rally,...

In today’s Forex Forecast, we offer the outlook for EUR/USD, USD/JPY, USD/CAD and Gold price, with Steven Woodcock, Senior FX Analyst at Plutus FX.EUR/USD: Range playWoodcock notes that people...

Sterling romped higher across the board on Thursday as investors responded positively to the UK’s outperforming retail sales report. The rate of retail sales growth exceeded forecasts on both a...

Volatility was back in force in the major money markets yesterday on the back of the important events were expecting to take place. Indeed we were not disappointed with the pickup in the volatility as...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Look out below! The next stop for EUR/USD should be 1.10. While the European Central Bank left monetary policy unchanged on...

European Central Bank Set to Release Monetary Policy DecisionMarkets will be looking toward a busy day today with the ECB's monetary policy review, retail sales numbers from the UK and Canada and the...