Forex News

It’s a quieter day on the economic calendar. Economic data puts the EUR and the Loonie in focus, with BoE Governor Bailey also scheduled to speak…

USD/CAD takes rounds to 1.2160, keeping the range above 1.2155, amid Monday’s Asian session. In doing so, the Loonie pair remains sidelined around the

The USD/CHF pair is accumulating minor gains in the early Asian session on Monday. The pair is moving in a very narrow trade band consisting of 10-pip

The BOJ is set to keep its money spigots wide open and may extend its pandemic-relief programs this week to support a fragile economic recovery.

AUD/JPY prints mild gains around 84.55, up 0.07% intraday, amid Monday’s quiet Asian session. In addition to the extended weekend in Australia and Chi

Although the Fed is not expected to take any action, its forecasts for interest rates, inflation and the economy could move the U.S. Dollar.

The GBP/JPY price trades cautiously on the first trading day of the week in the Asian session. The cross-currency pair confides in a trading band of 1

The USD/JPY pair extends the previous session’s gains in the initial Asian trading hours. The pair is consolidating in the broader range of 109.20-109

GBP/USD begins the week mostly unchanged around 1.4110 during the initial Asian session on Monday. In doing so, the cable seems to pay a little heed t

NZD/USD extends Friday’s grim outlook to early Monday morning in Asia, despite recent wobbling around 0.7730. The kiwi pair bears the burden of a stro

Due to the strength in the greenback, AUD/USD ended Friday lower by 0.6% testing the 0.77 level after falling from a high of 0.7775 to a low of 0.7688

The USD/CAD has been trading in an exaggerated one figure rut for more than a month, 1.2035-1.2160. Friday’s nearly 100 point move brought the pair to

The AUD/USD pair fell by the end of the week to settle just above 0.7700, not far from a daily low of 0.7687. The decline could be attributed to resu

The USD/JPY pair advanced on Friday to close the week with modest gains in the 109.60 price zone. The broad dollar’s demand underpinned the pair, alt

The GBP/USD pair edged lower on Friday but held above the weekly low at 1.4072 and settled a few pips above the 1.4100 mark. Broad dollar’s strength

The greenback advanced on Friday to close the week with gains against most of its major rivals, with EUR/USD settling just above the 1.2100 level aft

EURJPY Price Analysis – June 11 More pressure from the bears will lead to further decrease in EURJPY price, $132.7 may be penetrated and the price may reach the $132.5 and $130.9...

Gold spent the first half of the week trading in a relatively tight range as buyers could not hold the price above $1,900. Following a sharp decline t

The AUD/USD pair extended its daily slide in the second half of the day on Friday and touched a weekly low of 0.7689. As of writing, the pair was losi

Analysts at MUFG Bank, continue to see a trade idea of going long in the GBP/USD pair at 1.4175 with a target at 1.4585 and a stop loss at 1.3950. The

The USD/CAD pair kept rising during the American session and jumped to 1.2163, reaching the strongest level since mid-May. Near the end of the week, i

The AUD/USD pair changes hands at around 0.7690, mute for a third consecutive week. The pair has been ranging since mid-April, bottoming at 0.7645 on

The US dollar has gone back and forth during the course of the week as we continue to hang just above the ¥109 level.

The EUR/USD pair trades at fresh monthly lows around the 1.2100 level and with increased bearish potential. Investors read past upwardly revised US in

Volatile, but no breakout – between Brexit's comeback and the lack of a taper tantrum, cable has stuck to the range. The focus is mainly on the Fed's

The British pound initially tried to rally during the course of the week but again we see significant resistance at the 1.42 handle.

The British pound initially fell during the course of the week but has turned around to show signs of strength as we did up forming a hammer for the week.

USD/CAD gained strong upside momentum and is moving towards the resistance at 1.2170.

Greenback comeback -- more to come

The Australian dollar initially tried to rally during the week but as you can see has given up all of the gains to form a very neutral candlestick.

The EUR/USD dropped further and reached at 1.2099, the lowest level since May 14. So far it is holding above 1.2100 but remains under pressure as the

The USD/JPY pair continues to push higher ahead of the weekend with the greenback preserving its strength during the American trading hours. As of wri

The competing forces acting on the USD/JPY are in balance. American economic growth in the first quarter was 6.4%, Japan’s economy contracted 3.9%. Se

The US dollar has rallied a bit against the Japanese yen during the trading session on Friday, as we are looking towards the top of the channel yet again.