Forex Opinion & Analysis

The increased likelihood of a Fed rate cut continues to weigh on the dollar, which weakened further as December's Retail Sales and Initial Jobless Claims signaled a disinflationary trend following a...

The US dollar started the week touching the 110 level on the DXY, hitting more than two-year highs, but was under pressure for most of the week. The dollar peaked when markets were experiencing their...

The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will Strong China Numbers Boost the Aussie? There was good...

The British pound is lower on Friday. In the European session, GBP/USD is currently trading at 1.2201, down 0.27% on the day. The pound can’t find its footing and is down 2.5% in January and a...

USDCAD stays supported around 20-EMA Bullish trend continuation likely; eyes on the 1.4465 top USD/CAD found solid footing near its 20-day exponential moving average (EMA) around 1.4340 for the...

Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some...

The British pound edged lower on Thursday. In the European session, GBP/USD is currently trading at 1.2205, down 0.22%. UK GDP Posts Weak Gain of 0.1% The UK economy climbed out of negative growth...

Hawkish speeches from BoJ officials coupled with a softer US core CPI print for December put an interim ceiling on US dollar strength against the yen. The leading 10-year yield spread of the US...

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be...

Following a nervous session last night, the EUR/USD pair is trading near 1.0285 on Thursday morning. The market is now stabilising. Key developments influencing EUR/USD US inflation data showed...

US dollar pairs decouple from US rate correlations USD/CAD, USD/CHF, EUR/USD show weak reactions to inflation data Bessent Senate confirmation, US retail sales headline Thursday...

AUD/USD nears a retest of its recent range highs after strong jobs data December employment surged, but gains were driven by part-time hiring Unemployment edged up as participation hit a record...

Note: Core CPI and PPI were as forecasted today! Forex Strategy is Bullish: For GBP/JPY, we are currently @ 192.11 in a channel in a range. We are looking for a continuation to the ATR target @...

The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK Inflation Softer Than Expected The UK’s annual inflation rate...