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Resistance 2 = 1.6207
Resistance 1 = 1.6150
Pivot Point = 1.6091
Support 1 = 1.6034
Support 2 = 1.5975

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The EUR/USD pair is about to complete the ascending structure with the target at 1.1666 and finish the correction. Later, in our opinion, the market may trade to the downside and reach 1.1530.

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The US dollar on Friday, November 10, ended trading at J$126.83 up by eight cents according to the Bank of Jamaica's daily foreign exchange trading summary.

The dollar index, which tracks the greenback against six major currencies, was down 0.12 percent at 94.329. For the week, the index was down 0.65 percent, on pace for its worst performance since the...

Bloomberg is out with a story about how fewer people are employed in foreign exchange trading and that more automation is coming.....From 2012 to 2016 the staffs of banks working in foreign exchange...

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one of the more surprising themes of this year has been just how aggressively strong the U.S. Dollar was as we came into the New Year. In the immediate wake of the Presidential election, the Dollar...

A little later we get FOMC Chair Janet Yellen speaking with Mario Draghi, Haruhiko Kuroda and Mark Carney in Europe on an ECB panel, and this takes place around the time that 3rd quarter European GDP...

Throughout next week, we get a series of Central Banker speeches and this is accented with multiple data points of interest. Tuesday especially looks to be busy, as German and Italian GDP comes out...

This week was rather slow on the news and data front, with the one notable driver being reports around tax cuts in the U.S. potentially being delayed, which created a quick blip of weakness in U.S....

Financial Times foreign exchange correspondent Roger Blitz talks to experts on the currencies market about the week ahead, looking at the global political and economic factors driving the world�s...

We were all a little surprised by the muted reaction to the decent headline figure to UK Oct services PMI especially given the sector's large (80%) contribution to UK GDP..............

By the same token though there is some devil in the detail that helps explain the lack of rally, apart from post-BOE sellers being poised and NFPs looming in less than 3 hours.

It means fewer jobs on Wall Street or in the City of London or wherever. That's a shame but it doesn't mean any fewer people are making trading decisions. It puts the power in corporate boardrooms...

if you want to run a restaurant you know how it works because you've been going into restaurants for your whole life. When you want to run a forex account you read a quick crash course on one of the...

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