Forex Opinion & Analysis

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,...

GBP/USD finds mild support from hawkish BoE US NFP in focus next after Fed’s hawkish pause UK GDP among next week’s key data highlights Ahead of the Bank of England’s rate decision,...

Recent market focus has shifted from geopolitical issues to economic data The US dollar declined slightly following Fed's decision to leave interest rates unchanged Meanwhile, the EUR/USD has...

GBPUSD slightly higher today as market digests Fed meetingIt tests again the July 14 aggressive descending trendlineMomentum indicators remain muted ahead of next key eventGBPUSD is trading...

Even though it was a hawkish hold, the Fed's decision to leave rates unchanged for a second meeting in a row has seen interest rate volatility drop and high-yielding currencies start to perform well...

Bullish: AUD/JPY is currently @ 96.20 in a channel in a range. We have convergence for the continuation up. We are looking for a continuation to the 1.000 Fibo at 96.70 with the further target for...

Yen steadies after the intervention warning Fed widely expected to pause at today’s meeting The Japanese yen steadied on Wednesday, following massive losses a day earlier. In the European...

USDJPY edges lower after Tuesday’s sizeable rallyHeightened risk of intervention as USDJPY is comfortably above 150Mixed momentum indicators complicate the outlookThe lack of JPY-positive...

The British pound is relatively strong to start BOE week. With no change to interest rates expected, traders will key in on the BOE’s vote split and economic forecasts. GBP/USD is consolidating...

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...