Forex Opinion & Analysis

USDJPY flatlines near 154.25 support  Technical signals remain downbeat US core PCE inflation index due at 13:30 GMT  USD/JPY has held above the 154.25 floor for the fourth consecutive trading day...

CAD and MXN tumbled yesterday as Trump reiterated that he will impose 25% tariffs on both countries by tomorrow. Whether he delivers on this threat will determine price action for the broader FX...

The Federal Reserve left its key rate unchanged in the 4.25%-4.50% range at the end of its January meeting after three consecutive 100 basis point cuts. The markets expected this decision, so their...

BOJ may raise rates further as Japanese data stays firm Tokyo inflation beats expectations, supporting BOJ tightening Retail spending and low unemployment point to a resilient economy USD/JPY...

The euro has edged lower ahead of today’s rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day. ECB Projected to...

The EUR/USD pair is consolidating around 1.0426 on Thursday as investors digest the Federal Reserve’s latest policy decision and shift their focus to the upcoming European Central Bank (ECB)...

EUR/GBP rebounds off 0.8365 RSI and stochastics turn up EUR/GBP posted several days of losses ahead of the ECB interest rate decision today, losing more than 1% and dropping beneath the 200- and...

It's a busy day ahead in FX markets. The highlight should be another 25bp cut from the ECB, but we'll get plenty of fourth-quarter GDP data from the US and Europe. Elsewhere, we think this week's...

The German Consumer Climate Index declined in January, impacting the eurozone's largest economy and applying pressure on the single currency. The index fell by 1 point to -22.4 by February, having...

Note: FOMC today! Forex Strategy is Bearish: We are currently @ 192.62 in a new channel. We just broke a monster support so we are looking for a continuation to the ATR target @ 191.90 area, with a...

The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day. It should be a busy day for the Canadian dollar, with the Bank of Canada and...

USD/CAD is in recovery mode but not out of the woods Resistance within short distance at 1.4430-1.4465 Bank of Canada expected to lower interest rates USD/CAD has been in a gradual recovery phase...

The currency market has followed the stabilization in tech stock sentiment, and today’s focus will shift to central bank meetings. We don’t think the Fed's conditions for a dovish tilt have been met,...

USD/CHF found support at the ascending trendline for the third time, hinting at a potential reversal and further upside. Safe haven flows and policy divergence between the Fed and SNB are...