Forex Opinion & Analysis

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...

Back-to-back holds mean the Fed is content keeping rates at a 22-year high Atlanta Fed GDP cuts Q4 GDP outlook from 2.3% to 1.2% Powell noted, “Given how far we have come - the committee is...

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...

The rate decision and the Fed's comments promise to be the highlight in a week full of releases. The market is in no doubt that the pause in policy tightening is here to stay, with interest rate...

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...

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...

The EUR/USD pair is currently trading without significant momentum, hovering around the 1.0560 level.   This week promises a flurry of critical data that could potentially sway the currency...

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...