Forex Opinion & Analysis

The 6J is the Chicago Mercantile Exchange contract for the JPY futures. We have been in a bearish wedge and probing pretty key support. Our listeners of our daily show have asked our team how close we...

The Canadian dollar is slightly lower on Wednesday. In the European session, USD/CAD is trading at 1.3559, down 0.09%.Bank of Canada Expected to Stay PatThe Bank of Canada is widely expected to hold...

The EUR/USD pair is maintaining a neutral stance, trading around 1.0851 on Wednesday, as the market anticipates crucial updates, including the US inflation data for March and the outcome of the...

The New Zealand dollar has extended its gains on Wednesday and is higher for a third straight day. In the North American session, NZD/USD is trading at 0.6074, up 0.24%.RBNZ Holds Rates, Says Economy...

The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6620, up 0.25%.Consumer Confidence SagsAustralian consumers have been pessimistic about the...

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 151.88, up 0.02%.It’s as light data calendar today. Japan’s average cash earnings rose 1.8% y/y in...

Early April saw the EUR/USD pair breach a resistance zone near 1.07, initiating an upward trend. Despite robust US labor market data last Friday, bullish momentum persisted, driving the local uptrend...

Is the Commitment of Traders COT report showing Japanese Yen Shorts at highest since 2007 Signaling USD/JPY Reversal?Here's why its prime time for Japanese intervention with COT positioning at...

The Australian dollar has pushed higher on Monday. In the North American session, AUD/USD is trading at 0.6600, up 0.35%.Australia’s Westpac consumer confidence is expected to rebound in April...

US CPI inflation expected to have ticked up in MarchBut markets may shrug it off if core figure inches lowerData due at 13:30 GMT, Wednesday, will be followed by FOMC minutes at 18:00 GMTWill CPI...

After last week's upbeat employment data, attention now shifts to upcoming US inflation figures. The recent surge in the US dollar halted following mixed PMI data, hinting at potential volatility...

Gold's price soared to a new record high on Monday, stabilising around 2344.00 USD per troy ounce. A confluence of factors is currently bolstering the precious metal's value.Geopolitical tensions in...

The Japanese yen showed a bit of strength earlier but has pared these gains. In the European session, USD/JPY is trading at 15141, up 0.04%All Eyes on US Nonfarm PayrollsThe markets are bracing for a...