Forex News

The Canadian dollar had a busy day on Wednesday in the aftermath of a key Bank of Canada policy meeting. In the European session, USD/CAD is trading quietly at 1.2368, up 0.05% on...

The Canadian dollar has traded quietly so far this week as the economic calendar has been light. The remainder of the week is busy, with the Bank of Canada policy meeting later...

The Australian dollar is trading sideways a the pair continues to hover close to the symbolic 75 level. AUD/USD is currently trading at 0.7498, up 0.03% on the day. Australia Core...

USDJPY Price Analysis – October 27 In case the bulls push price to penetrate the support level of $113, it may decrease to $111 and $110 levels. The price may reverse and continue...

The Australian dollar has posted gains on Tuesday. AUD/USD has pushed above the 75 line and is trading at 0.7510, up 0.26% on the day. The Australian dollar has been red hot in the...

USDCHF Price Analysis – October 26 In case the daily candle break up $0.921 level and close above it, the price may increase to previous high at $0.928 and $0.938 levels. Should...

Sterling recovery run its course? We’ve seen a larger correction in cable than it appeared we may at times a couple of weeks ago and now it’s once again reached an important level...

The Japanese yen is drifting in the Monday session. Currently, USD/JPY is trading at 113.66, up 0.10% on the day. Yen rebounds with a winning week The yen has looked weak against...

EURUSD Price Analysis – October 25 In case the bears prevail over bulls and break down the support level of $1.15, the price may decrease to $1.14 and $1.13 support levels. Should...

Dollar boosted by Powell taper comments Jerome Powell signalled that he was on board with starting the Fed taper on Friday, which gained the US dollar a temporary stay of...

EURJPY Price Analysis – October 22 Further increase in the bulls’ pressure will increase the price to $133 level in which if it is broken may extend to $134 and $135 price levels....

GBPUSD Price Analysis – October 21 Further increase in the bulls’ pressure may push up the price and this may penetrate the resistance level of $1.38 to expose $1.39 and $1.40...

The Australian dollar has reversed directions in the Thursday session. AUD/USD is trading at 0.7487, down 0.39% on the day. In Asia, the pair rose to 0.7564, its highest level...

The US dollar weakens on earnings sentiment The US dollar has found the going tough this week and fell once again overnight, despite rising bond yields after a weak 20-year...

How big will it be? We’ve seen a slight recovery in EURUSD over the last week, taking the pair back to the top of the descending channel it’s traded in since mid-June. The top of...

The Japanese yen is trading quietly in the Wednesday session as the currency continues to have a quiet week. Currently, USD/JPY is trading at 114.27, down 0.28% on the day. Yen...

USDJPY Price Analysis – October 20 Should the bulls penetrate the resistance level of $114, it may increase to $115 and $116 levels. The price may reverse and trend down towards...

The US dollar gets a bond boost The US dollar found support overnight, after trading lower early in yesterday’s session, as long-dated US bond yields resumed their upward climb,...