Forex Opinion & Analysis

The prevailing market consensus points toward lower interest rates in developed countries next year, with both the Federal Reserve (Fed) and the European Central Bank (ECB) anticipated to make rate...

China releases PMIs on Saturday The Australian dollar has edged lower on Thursday. In the European session, AUD/USD is trading at 0.6833, down 0.21%. Earlier today, the Aussie climbed as high as...

Japanese retail sales climb but industrial production declines Japanese gain rises sharply The Japanese yen has posted sharp gains on Thursday. In the European session, USD/JPY is trading at 140.66,...

Gold edges higher, surpasses 2,075 levelFestive period fueling gold rally amidst low liquidityMomentum indicators support the current moveGold is trading higher again today, recording the fifth...

 EURUSD edges higher again today, makes higher highIt tests the resistance set by a key area, north of 1.1032Momentum indicators support the current bullish moveEURUSD is trying to record its...

BoJ Summary of Opinion highlights split over shift in policy The Japanese yen continues to have a quiet week. In the European session, USD/JPY is trading at 142.54, up 0.12%. The Bank of Japan’s...

Canadian GDP remains flat for a second straight month PCE Price Index eases The Canadian dollar is showing limited movement on Tuesday. In the European session, USD/CAD is trading at 1.3248, down...

BOJ Core CPI falls to 2.5% BoJ’s Ueda hints at possible shift in policy The Japanese yen is showing little movement on Tuesday. In the European session, USD/JPY is trading at 142.39, down...

Cluster of Fibonacci resistance contain the further upside of EUR/USD on the weekly.Original Post

Japanese core inflation falls to 2.5%, as expected US to release PCE Price Index on Friday The Japanese yen is showing little movement on Friday. In the European session, USD/JPY is trading at 142.03,...

Quiet week ahead as FX markets enter holiday seasonSpotlight will fall mostly on some Japanese releasesMost importantly, liquidity will be in short supplyYen awaits Bank of Japan signalsAnother...

·         USDCAD continues the sell-off in short-term ·         20- and 200-day SMAs post death cross...

Friday’s economic releases:Canadian GDP US PCE Price Core Index The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3276, down 0.05%. We...

UK retail sales jump 1.3%, GDP contracts by 0.1% US to release PCE Price Index on Friday The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%.UK...