Forex Opinion & Analysis

US CPI report and Fed minutes to take centre stage Will they fuel or dent the rally in yields and the dollar?Chinese inflation and UK growth data to also be eyedOtherwise, a quieter week awaits with...

Treasury yields surge on unexpectedly strong US job growth in September Accordingly, the greenback appears to be marching towards key resistance  This suggests the US dollar may continue its...

NFP is expected to show 171K net new jobs and average hourly earnings rising 0.3% m/m. Only a stellar report would put a Fed rate hike in play for November. EUR/USD remains in a bearish channel with...

Fed’s Daly (non-voter) noted that recent bond market tightening equals about 1 rate hike; if the labor market cools, we can hold rates steady RBNZ rate hike expectations are between a hold or...

EUR/USD bulls formed a strong reversal yesterday after the bears failed to break below the September 27th high. The bears got a downside breakout on October 2nd below a Low 1 short that was formed on...

USD/JPY drifting for a second straight day BoJ likely did not intervene in currency markets The Japanese yen has posted slight gains on Wednesday. In the European session, USD/JPY is trading at...

Is EUR/USD Preparing for Another Corrective Move? USD/JPY Currency Intervention Fails to Halt Yen Depreciation Possible Conclusion of the NZD/CHF Rebound The advent of autumn in the currency markets...

Bank of Japan intervention aims to draw line in the sand for the yen Meanwhile, yields continue to surge in the US Against this backdrop, a bigger recovery for the Japanese currency remains highly...

USDJPY is edging higher today after yesterday’s tumultuous sessionIt continues to hover inside a wide ascending trend channelStochastic oscillator could be close to giving a bearish signalUSDJPY...

“My milkshake brings all the boys to the yard…” One theory of interest for forex traders in recent years is the "US Dollar Milkshake Theory" by Brent Johnson, the CEO at Santiago...

USD/JPY fell 275 pips immediately after the JOLTS report sent price action above the 150 level. Japan MOF Official: No comment on Japan's intervention with the Yen. JOLTS: August job openings rose...

RBA holds rates at 4.1% AUD/USD declines 1% The Australian dollar is down sharply lower on Tuesday. In the European session, AUD/USD is trading at 0.6295, down 1.05%.RBA Pauses Rates for Fourth...

Swiss inflation declines by 0.1% The Swiss franc has extended its losses on Tuesday. In the European session, USD/CHF is trading at 0.9212, up 0.31%.Swiss Inflation Declines by 0.1%Major central...