The dollar edged higher against its rivals on Tuesday but was still below its highs reached in December and January after two weeks in which expectations for a rise in U.S. interest rates this month have soared.

Some participants Read More →

Key Points

• The Euro made a downside move recently and broke the 120.40 support area vs the Japanese yen.
• There was a contracting triangle support at 120.42 on the hourly chart of the EURJPY pair, which was broken.
• Today in Read More →

Key Points

• The Aussie dollar is in a solid uptrend with support at 1.0860 vs the Kiwi Dollar.
• There is a monster bullish trend line support at 1.0850 formed on the hourly chart of the AUDNZD pair.
• Today, the RBA Read More →

Throughout the course of last night the Reserve Bank of Australia left rates unchanged at 1.5% as widely expected. In his statement RBA Governor Philip Lower said that improved commodity prices, on the back of an improved global economy Read More →