Forex News

By Mircely, Guanipa and Anggy Polanco PUNTO FIJO/SAN CRISTOBAL, Venezuela (Reuters) - After Venezuelan President Nicolas Maduro’s 60-fold increase to the minimum wage, storeowners...

The US dollar has been pretty mixed during the week against the Japanese yen, which makes perfect sense considering the dynamics at play in this currency pair. On one hand, you...

The British pound has been rather volatile during the week, but when looked upon on the weekly chart, you could say that this week has been a bit of a victory. I direct your eyes...

The British pound initially started out the week positive against the Yen, but as you can see has turned around of form a very ugly looking candlestick right above major support....

The Euro fell during most of the week but bounced enough towards the end of it to turn around and show signs of life. The hammer is right at the very bottom of the overall support...

The Australian dollar has been the proverbial “whipping boy” for all things Sino-American related. This is because the Australian economy is highly levered to the Chinese economy,...

US dollar strength has been seen all across the Forex world, with perhaps the lone exception being the Japanese yen. You can see that we fell during the day on Friday as well,...

The British pound rose slightly during the day on Friday, reaching towards 1.2750 level and quiet trading. This is an area that of course is important, as it is not only...

The British pound continues to find support at the ¥140 level, as the selling has abated a bit. Obviously though, we have concerns about the Brexit, and of course the global...

The Euro rallied on Friday, reaching above the 1.14 level again, where we should see some significant resistance. However, the weekly candle is forming a bit of a hammer, so this...

The Australian dollar rallied a bit during the trading session on Friday, to close out the week on solid footing. As we approached the 0.73 level, we are starting to form a rather...

For the risk-leaning markets - carry, equities, etc - a late week recovery short-circuited yet another threat of broader reversal. However, the Dollar did not share in the recovery...

Having spent nearly the entire week forming a plateau, the Dollar closed this past Friday with its biggest daily drop in nearly a month. Has the high time frame reversal in favor...

The USDJPY pair has recently lacked significant technical conviction, but some may be building toward the downside.

This past week was off to a rocky start with concern of emerging market volatility feeding fear of financial contagion. Yet, with reports of impending talks between the US and...

This year so far, AUD/USD remains in a downtrend but a hammer and morning star warns prices may rise in the near-term next, perhaps testing the February descending trend line.

The PBOC has stepped in twice when the USD/CNH broke above 6.90; HKMA has intervened eighteen times when the USD/HKD hit 7.85.

By Tommy Wilkes and Marc Jones LONDON (Reuters) - The British pound inched higher on Friday as the dollar fell across the board, and some traders saw a buying opportunity after...

The Fed’s Economic Symposium may curb the recent rebound in EUR/USD should Chairman Jerome Powell & Co. strike a hawkish forward-guidance for monetary policy.

The UK’s economy continues to move forward, albeit slowly, with unemployment hitting the lowest level in over four decades. However, the elephant in the room, Brexit, remains...

According to analysts from Danske Bank, the most likely scenario is a “decent” Brexit and they point out that it is difficult to see a much stronger GBP without more...

FX markets remain primed for volatility as we approach next week's Jackson Hole Economic Symposium. But the big question is how far risk aversion might run before we even get...

There aren’t many unique offerings in the Forex and CFD markets these days, but Oanda does a good job of checking most of the boxes traders are looking for. FXCM has come a long...

GBP/JPY down 0.85% over the week, heads for lowest weekly close in 16 months. Risk aversion supports JPY while Brexit concerns weighs on GBP. The GBP/JPY pair is falling 50...

Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.

GBP/CAD shorts were the trade of the week The Canadian dollar was the top performer this week, largely due to today's strong CPI report in what was a week that felt volatile in FX...

"It has been a week since EUR/USD broke through the neckline of the head and shoulders pattern at the top of the bull run that began back at the end of 2016," Rabobank analysts...

Swiss Franc is trading within a broad consolidation range just below the yearly highs. These are the key targets & invalidation levels that matter on the USD/CHF charts.

The Japanese Yen continues to hold on to strength as risk aversion remains across currencies. With a vulnerable Euro, and an expensive US Dollar, the Japanese Yen may be exposed to...

In the week ahead, the euro may try and continue retracing some of the recent breakdown below 11500, but the path of least resistance favors more selling to follow.

(Bloomberg) -- Turkish banks moved to ease access to credit for companies as the prospect of further U.S. sanctions and a review of the nation’s debt sent new convulsions...

Investing.com - U.S. futures pointed to a lower open on Friday as investors were spooked by a renewed decline in the Turkish lira spurred by the U.S. threat of more sanctions. The...

"Turkey's incomplete policy response to the lira's depreciation is unlikely on its own to sustainably stabilise the currency and the economy," Fitch Ratings wrote in a...

I spoke with BNN about the Canadian dollar yesterday ForexLive

The greenback struggles to find demand in the NA session. Consumer confidence in the U.S. plummets to new 11-month low. The NZD/USD pair gained traction in the NA session and...