Analyzes

AUD/USD has come under renewed downside pressure in the past few days, correcting from fresh highs around 0.7150 hit earlier in the month.

The EUR/USD pair pierced the 1.1800 mark on Wednesday, as the US Dollar (USD) benefited from a hawkish Federal Open Market Committee (FOMC) minutes.

The USD/ILS is near the 3.14050 with a wide spread being demonstrated and fast price action having already taken place this morning.

The US dollar jumped against the Japanese yen on Wednesday, as traders are looking to take advantage of the interest rate differential.

The US dollar looks as if it is trying to bounce a bit after a little bit of a drop on Wednesday as the dollar continues to chop back and forth against the Mexican peso. This is a great carry trade pair, which has plenty of momentum longer-term.

There has been a lot of buying pressure in the Asian indices, and the Nikkei 225 will not be any different. Ultimately, this is one of the better opportunities out there.