Forex News
The US dollar has been all over the place, and that of course has shown itself in the Australian dollar/US dollar pair. We initially started out rather strong for the week but have...
The US dollar broke down against the Japanese yen on Friday, slicing through the bottom of the hammer from the Thursday session in what is a negative sign. At this point, it’s very...
The British pound fell initially during trading on Friday but has seen a significant amount of buying pressure underneath as the EU offered the United Kingdom a bit of an...
EUR/USD daily chart
EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).
EUR/USD 4-hour chart
EUR/USD is trading below its main SMAs...
(Bloomberg) -- Turkey’s central bank announced a surprise tightening of monetary policy and moved to calm concern over a sudden drop in official reserves in a failed attempt...
The Euro initially shot higher during the week, mainly as a result of the Federal Reserve stepping away from a hawkish stance. That being the case, we have tested the 1.1450 level,...
The British pound fell during most of the week, as we continue to see plenty of Brexit nonsense across the headlines. The market simply cannot decide what it wants to do quite yet,...
The British pound fell during the week against the Japanese yen, reaching down towards the ¥145 level. However, on shorter-term charts we are starting to see buyers step back in,...
EUR/GBP daily
EUR/GBP is trading in a sideways trend below its main simple moving averages (SMAs).
LISBON (Reuters) - The time is ripe for euro zone countries to deepen the monetary union and strengthen the currency's global role, but they still have to overcome...
The US dollar trying to break back into the previous resistance barrier that starts at the ¥111.50 level, but we rolled over rather significantly to break towards the ¥110 level.
"The Turkish lira sustained heavy losses plunging more than 3% against the US dollar (at one stage it was trading 5% lower) and 2.2% versus the euro extending its year-to-date...
A mid-week rally in EURUSD, on the back of a short-lived US dollar sell-off, was quickly re-traced with the path of least resistance for the pair likely lower in the short-term.
A sharp decline in crude oil prices undermined Loonie and remained supportive of positive USD price action.
Sacha Tihanyi, Deputy Head of Emerging Markets Strategy at TDS, explains that the Mexican peso has been a top performer supported by carry and a compression in volatility across...
Aussie is poised to post a weekly doji just above yearly open support. These are the key targets and invalidations levels that matter on the AUD/USD weekly chart
Forex option traders have begun to price in higher anticipated volatility for GBPUSD, EURUSD, JPYUSD and USDCAD currency pairs headed into next week.
Emerging market currencies are tumbling against the US dollar amid risk aversion.
US Dollar gains 1.4% versus the Mexican peso and 4% against the Turkish lira.
The USD/MXN pair...
It was a climactic week across global markets and the final week of Q1 awaits. Will risk aversion continue after a generally upbeat start to 2019?
USD/JPY daily chart
USD/JPY is trading below its main simple moving averages (SMAs) suggesting bearish momentum.
The U.S dollar edged higher against its rivals Friday following a rebound in U.S. home sales, but gains were limited by a sharp rise in the yen as U.S. government...
USD/CHF daily chart
USD/CHF is trading in a sideways trend just above the 0.9990 level.
DJIA down over 400 points for the day, US 10-year note yield hit 2.42%.
USD/JPY broke below the 110.00 level, hits its lowest since early February.
The US Treasury yield curve...
Parliament’s vote next week will determine whether a no-deal Brexit will be more likely and the effects it will have on GBPUSD.
US Dollar Index extends rebound, turns positive for the week.
Irish PM says no one would welcome a 9-month extension.
Manufacturing activity softens in the U.S.
After closing the...
Mixed data from Canada weighs on the CAD on Friday.
Dismal market mood drags crude oil prices lower.
US Dollar Index turns positive on the weekly chart.
The USD/CAD pair built on...
Moves away from 50% retracement
In the earlier post, I noted the subdued corrective action in the EURUSD. The pair stayed below the 38.2% of the move down at 1.1326 and was also...
Pound among top performers of the day, not affected by risk aversion.
Cable rises to 1.3220 ignoring greenback’s momentum.
The GBP/USD pair rose extended gains during the...
The Australian dollar drifted a little bit during the trading session on Friday but has been somewhat stable in general. That being the case, it looks as if the Aussie continues to...
AUD/USD daily chart
AUD/USD is trading in a bear trend below its main simple moving averages (SMAs).
AUD/USD 4-hour chart
AUD/USD is trading between the 50 and 100 SMAs...