Forex Opinion & Analysis

The weekly chart formed an S&P 500 Futures climactic reversal reversing half of the whole move down within a week. The bulls need to create follow-through buying next week to increase the odds...

Bullish:  We are currently @ 149.81 in a channel in a range. We are looking for a continuation to the ATR Target @ 150.38 with the further target for today the 0.786 Fibo @ 150.81  Watch the...

Yen improves after soft US nonfarm payrolls BOJ September minutes indicated members saw no need to tweak YCC The Japanese yen is steady on Monday. In the European session, USD/JPY is trading at...

Recent market shifts influenced by the Fed's decision and employment data have led to a decline in US Treasury yields and the US dollar. Despite the weakening economic data and geopolitical tensions,...

EUR/USD to be tested by bear market resistance Original Post

US data came out so weak that the market could celebrate. The US labour market added 150k jobs in October after 297k (revised from 336k) and expected 180k. The unemployment rate unexpectedly rose from...

November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...

Reserve Bank of Australia could raise rates on TuesdayChinese trade and inflation stats also in the spotlightUK economy likely contracted in Q3 - can sterling hold on? RBA decision will be a close...

US nonfarm employment is expected to fall sharply The British pound has posted strong gains on Thursday. In the European session, GBP/USD is trading at 1.2222, up 0.16%.US Nonfarm Payrolls Expected to...

US nonfarm payrolls expected to ease to 170,000 The euro is showing limited movement on Friday after posting strong gains a day earlier. In the European session, EUR/USD is trading at 1.0633, up...

It seems investors are starting to think that the Fed is done with rate hikes and are now starting to reduce underweight positions in risk assets, including emerging market currencies. This is dollar...

USDCAD in the red after reaching 3-year highAggressive rally since the July 14 low of 1.3091Momentum indicators appear to support the current downlegUSDCAD is moving lower today, registering its third...

Traders are expecting the October NFP report to show 179K net new jobs and average hourly earnings rising 0.3% m/m. The immediate market impact of this week’s jobs report may be smaller than...

BoE leaves Bank Rate at 5.25% MPC believes inflation risks are to the upside EUR/GBP fails to break key resistance zone The Bank of England left interest rates unchanged today at 5.25%, as expected,...