Forex Opinion & Analysis

30-year Treasury yield rose 12bps to 4.645% vs 15.19% which was the peak in 1981. The Bloomberg dollar index has the best rally in three weeks, which is also the highest level since December BOJ...

Fed rate hike expectations for November 1st stand at 18.6% vs. 30% from a week ago Germany IFO Business climate declines for a fifth straight month 10-year Treasury yield surges 7.7bps to 4.511% The...

The EUR/USD is stalling at the May 31st low. The bears try hard to trap the bulls and get the downside breakout below the May 31st low. The bulls are trying to develop more buying pressure at...

Germany's Ifo business climate index held steady in September at the previous month's level despite expectations of further deterioration.The business climate indicator fell from 85.8 to 85.7, better...

GBP/USD is currently at 1.221 in a trend and a 5th wave. We have convergence for the downside move. We are looking for a continuation to the ATR target at 1.2162  with the further target for...

EURUSD in a clear downtrend, posting a fresh 5-month bottom of 1.0614The descending 50-day SMA is approaching 200-day SMA, setting the stage for a death crossMomentum indicators are heavily skewed to...

PCE inflation to grab attention on Friday as Fed signals higher for longerBut markets might be more worried about a government shutdown Eurozone flash CPIs will also be the in the spotlight on Friday...

UK retail sales improve, PMIs remain in contraction The British pound is in negative territory after two days of losses. In the European session, GBP/USD is trading at 1.2245, down 0.40%. The...

USDCAD is in the red today, tests the support of the 200-day simple moving averageThe mixed momentum indicators complicate the outlookThe SMAs’ convergence could open the door to a sizeable move...

Bank of Japan maintains policy settings Japan’s core inflation unchanged at 3.1% The Japanese yen is lower on Friday, erasing all of the gains seen a day earlier. In the European session,...

Bank of England maintains interest rates Federal Reserve sends ‘higher for longer’ message to the markets The British pound has posted losses on Thursday. In the North American session,...

US Dollar and Fed TakeawaysEurozone PMIs are on tap tomorrow, with expectations showing the potential for continued contraction. EUR/USD remains within a bearish channel as it tests a key support zone...

GBP/USD analysis: BoE holds policy at 5.2% in split decision What’s next for GBP/USD, and will US dollar rise much further? GBP/USD technical analysis continues to point lower Earlier, the Bank...

The {{EUR/USD}} formed a Low 1 short on September 19th. The context was bad for the bears, and the odds favored buyers below for at least a scalp. The bulls and bears both sold above the September...