Australian Dollar Is Weakening Again: What Can You Do?

For all that it’s the fifth most-traded currency in the world, the AUD isn’t a strong currency. However, its weakness hasn’t been much of an issue for the Australian economy. Until now. The latest recession has changed many things, including the position of the Australian Dollar and its prospects for recovery. This is not a good time More...

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By Marcus Holland On Sunday, July 21st, 2013

Upcoming key resistance could offer insight into the future of the EUR/USD

EUR/USD heads in to the trading week 22nd – 26th July having experienced a rise over the past two weeks from around the 1.2830 level (illustrated on the chart below by support marked 3) to around 1.3180 (illustrated More...

By Gregory Bassett On Friday, June 21st, 2013

Dollar expected to strengthen further on the Federal Reserve policy

The rest is expected to finish the week with gains against all major peers on the back of the Federal Reserve’s announcement it will withdraw its monetary stimulus program by the middle of 2014. The Federal More...

By Gregory Bassett On Monday, June 10th, 2013

USD/JPY rebounds, moving back towards ¥100 mark

The US/JPY pair has rebounded since its June 6th low of 95.90, where it became evident that the more bearish traders lacked the weight to pull it down any further. Over the last few days the pair has rallied, today More...

By Marcus Holland On Monday, May 27th, 2013

EUR/USD Weekly Forecast: 27th May to 31st May

The eyes of forex traders are on the move of EUR/USD currency pair in the coming week. There are various questions arising in the minds of financial gurus. What will be the behavior of EUR/USD currency pair during More...

By Gregory Bassett On Wednesday, May 22nd, 2013

Sterling hits one-month low against the Euro

The Pound Sterling hit a one-month low against the Euro today on the back of retail sales data which showed an unexpected decline. Analysts had originally expected the report to show an increase in retail sales More...

By Gregory Bassett On Monday, May 20th, 2013

AUD/USD pair hits ceiling

The Australian Dollar has hit a ceiling of 0.9787 and retreated to 0.9757 at the time of writing. The steady slow down and decrease in demand is being attributed to the upcoming Reserve Bank of Australia minutes, More...

By Gregory Bassett On Monday, May 13th, 2013

The day of the dollar

Todays G7 meeting was a good one for Japan and their recently launched quantitative easing programme. The G7 were trying to decide whether the recent decline of the Yen was down to their monetary policy or currency More...

By Gregory Bassett On Friday, May 10th, 2013

US dollar breaks the 100¥ mark

We have been waiting for this day for quite some time now. In fact, we thought it would come a lot sooner, especially after the Bank of Japan announced its quantitative easing program last month. Nonetheless, the More...

By Marcus Holland On Monday, May 6th, 2013

The Pound Gains on Weak US Data

The dollar has been the pillar of strength over the past two weeks as the US has posted the best economic data for April when compared to the other developed regions.  European data has been horrible, driving the More...