Currency Analysis & Opinion

Price action during the first 24 hours of the week was limited as traders had little fresh news to trade on and the economic calendar was equally barren. The main theme in the currency markets is the...

FX League - 30th WeekTrend: Momentum:League Table:***18.45 as a neutral score of the week***CHF, CAD, NZD, EUR - BULLISH!JPY, GBP, AUD, USD - BEARISH!Detailed FX League Chart: This week's...

US Dollar The dollar index rose during the Asian session on Monday, as a correction from the lowest level in two weeks. There are no American data scheduled for release today, and the negative outlook...

The US dollar struggled last week and market participants are increasingly challenging the ability of the greenback to continue the upward trend that it commenced last summer. The dollar index has...

Last week was a terrible one for the US Dollar with the American currency dropping heavily against its major counterparties and posting significant losses. A number of weaker than expected reports...

The euro has held up very strongly in the face of mounting concerns that Greece will soon have to leave the Eurozone. The IMF have been very vocal in their concerns that Greece is on the cusp of...

Disappointing data such as Non-farm Payrolls and both ISM Manufacturing and Non-Manufacturing have impacted negatively on the dollar. However it was interesting to see that as the market settled, the...

The big stand out from last night was the Aussie which has spiked on the back of a much unexpected decline in unemployment. AUDUSD is now back in the mid 0.7700 area marking a two week high as the...

Further gains for the major European currencies against the US Dollar as the retreat of the US currency continues for a third day. Both the Euro and the Cable extended their correction to the upside...

An interesting twist of events in the currency markets during the past 24 hours as the Retail Sales report from the US didn’t exactly thrill investors and traders. The consumer spending report...

US DollarThe US Dollar rose in the Asian market on Tuesday, for the seventh consecutive day, in attempt to reach the highest level in four weeks. Today, the biggest economy in the world awaits some...

An easy start for the currency markets this week with limited volatility in the major instruments we monitor every day. The day was empty of any fresh news or developments hence the major currency...

After a quiet start to the week where the dollar just paused for breath, the single currency is coming under renewed pressure this morning, in particular against the Yen as EURJPY has hit a near two...