Forex News

The markets remain directionless as we get closer to payrolls

The major pairs in the forex market appear to be stuck in a range for now. EURUSD is trading in a range between 1.3000 and 1.3400, while GBPUSD is ranging between 1.5540 and 1.5630. USDJPY is holding above the 82.00 level for now.

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David Song | May 17

Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap

The Euro slipped to 1.2830 as European Central Bank (ECB) board member Benoit Coeure reiterated that the Governing Council is 'exploring options to further...

Fan Yang | May 16

USD/JPY Has a Near-term Range Between 102.75 and 101.84

Consolidation: After breaking above a near-term flag consolidation, the USD/JPY broke above last week's high of 102.14 and reached a high of 102.75 today before stalling.

Mohammed Isah | May 16

USDJPY: Bullish, Looks To Extend Further Upside

Our outlook on USDJPY remains to the upside with a recapture of the 103.00 level on the cards. Further out, resistance resides at the 103.50 level followed by the 104.00 level.

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By FXDD | Mar 12, 2012

GBPUSD up/down/up/down pattern being tested on break above.

The GBPUSD has been moving up and down in the NY session and has just broken above the topside channel trendline. That is the bullish news. The bearish news is the price held the resistance against ...