Forex Opinion & Analysis

The Australian dollar punched across the symbolic 70 line earlier on Thursday for the first time since August. The AUD/USD pair has given up all of these gains and is unchanged at 0.6986 in the North...

Since the financial media went gaga for the greenback back in October, it has fallen from nearly 115 down to 102 last week, a decline of more than 10%. From a technical standpoint, the dollar index...

USD: U.S. Data Back in Focus The dollar has continued to be a bystander as developments in Japan, Europe, and China drive most market moves. The market's scrutiny over the US economic outlook has...

The BOJ defied speculation and stuck to its current policy, which saw the USD/JPY sell off sharply. The US dollar rallied about 3.4 yen before falling back. The greenback is broadly lower against the...

The Japanese yen has fallen sharply on Wednesday. In the European session, USD/JPY is trading at 129.38, up 0.96%. Earlier in the day, the yen fell as low as 131.58 but has pared some of today’s...

USDJPY realized massive gains in the past year, marching to a 32-year high of 151.94 in mid-October. Nevertheless, the pair has been experiencing a prolonged pullback since then, with the price...

To quote a former UK Prime Minister, when asked about the most significant challenges faced by his administration, the answer came: “Events, dear boy, events”. The same can be said for...

Bullish: EUR/JPY is currently at 139.50 at the start of a channel. We are looking to continue to the ATR target at 140.70 area with a further target of 141.00. Watch the USDX for direction. The...

As a continuation to the Apr. 30, 2017, long article entitled "BOJ Appointments and Implications," the two leading candidates to replace Kuroda in April when his term ends are: Masayoshi Amamiya and...

With the market nearly ruling out a 50 bp hike by the Federal Reserve on February 1, the interest rate adjustment appears to have largely run its course. This may be helping to ease the selling...

The Japanese yen is in calm waters on Tuesday, as the Bank of Japan’s two-day meeting starts today. In the European session, USD/JPY is trading at 128.76, up 0.18%.Markets Eye BOJ MeetingThe...

EURGBP is testing the 0.8895 resistance level, remaining well above the short-term simple moving averages (SMAs). Moreover, the price rebounded after it found support near the 0.8830 barrier,...

USD/JPY is in positive territory on Monday. In the North American session, USD/JPY is trading at 128.50, up 0.52%. The yen had an excellent week, climbing over 3% and trading at levels not seen since...

USD/JPY has continued to weaken as the greenback struggles to attract bids on increased bets that the Fed could pivot from its ultra-aggressive hawkish policy. On the other hand, the yen is trading...