Forex Opinion & Analysis

If you think the world is not a safe place and looking for a place where traders may "hide out," you may want to check out the NZD/CHF.The USD/CHF is back at resistance, and with the CHF a traditional...

BoJ tweaks YCC, maintains 1% upper limit Japanese yen sinks The Japanese yen is sharply lower on Tuesday following the Bank of Japan policy meeting. In the European session, USD/JPY is trading at...

GBPUSD stuck in a range after steep decline pausesCreates a pennant pattern, hinting at potential breakoutOscillators suggest that positive momentum is slowly picking upGBPUSD had been forming a...

Larger-than-expected Treasury issuance could lead to worsening budget deficit concerns Nikkei reported that BOJ is considering a further adjustment to its YCC framework FOMC expected to keep rates on...

Policymakers argue surge in yields counts as hikeUS economy continues to fire on all cylindersFed to stand pat, but may deliver a hawkish messageDecision on Wednesday at 18:00 GMT; press conference at...

BoJ’s holding 2-day meeting on Monday and Tuesday The Japanese yen is drifting on Monday after pushing the US dollar back below 150 on Friday. In the European session, USD/JPY is trading at...

AUD/USD extends gains US Core PCE Prices ticks lower The Australian dollar is higher on Friday. In the North American session, AUD/USD is trading at 0.6350, up 0.42%. The RBA meets next on November...

Central bank meetings continue in earnest with BoJ, Fed and BoE Fed and BoE to likely stand pat, but BoJ might tweak policy againNFP report and Eurozone flash GDP and CPI data also in focusFed pause...

ECB holds rates, as expected US to release Core PCE Price Index The euro is having a quiet day. In the European session, EUR/USD is trading at 1.0547, down 0.15%.ECB Holds Rates at 4.0%There...

Tokyo Core CPI climbs higher than expected US GDP jumps 4.9% The Japanese yen has steadied after three straight days of losses. In the European session, USD/JPY is trading at 150.11, down 0.19%.Strong...

USDJPY unlocks new high above 150 but with weak momentumTechnical signals mixed; support at 149.43USDJPY escaped the FX intervention risk on Thursday despite closing marginally above the 150 round...

Today’s Trade Ideas: 4-hour chart for USD/CAD going back a whole year - the sideways range is obvious. (See below). However, we are in a 3-month bull trend & have broken above a 3.5-year...