Forex Opinion & Analysis

The US dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any USD-negative catalyst. Yesterday, Fed Chair Powell emphasised the...

USD/CHF is facing resistance at the 0.8900 handle after breaking above the 200-day MA. The US Dollar Index (DXY) is also at multi-month resistance, raising questions about a potential pullback. The...

The AUD/CAD has been trading in an ascending channel during the past 14 months. We are currently facing the probability of a bearish breakdown.  The pair is testing the confluence of the 61.8% Fib of...

As the Election Day dust settles, the US Dollar Index has found itself at fresh year-to-date highs. The post-election rally of around 3% has been underpinned by rising yields, a byproduct of an...

The Australian dollar is lower for a fifth straight trading day. In the European session, AUD/USD is trading at 0.6467, down 0.27% on the day. The Australian dollar has been a dreadful slide and has...

Markets were quick to buy US Dollar after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is...

AUD/USD breaks to new lows despite US inflation data meeting expectations The Australian jobs report was released at 11.30 am AEDT. Upside surprises have become the norm recently Selling rips and...

USD/CAD surges as oil prices decline and US Dollar rises. Market anticipates less rate cuts in 2025 due to Trump’s return, impacting interest rate differentials. Potential US tariffs add headwinds...

The euro (EUR/USD) is lower for a fourth straight trading day and has declined 0.10% on the day, trading at 1.0612 at the time of writing. Earlier today, the euro dropped below the 1.06 line for the...

So far this week, the FX markets have continued to head in the same direction of dollar strength following last week’s US election results. The dollar is strengthening amid expectations for a higher...

The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the...

US inflation risks curtail Fed rate cut expectations, boosting US dollar Strong US CPI report today may amplify dollar strength EUR/USD hits multi-year lows, with further downside in sight USD/JPY...

The EUR/USD can’t seem to find its footing. Euro is down for a third straight trading day and has declined 0.38% on Wednesday, trading at 1.0608 at the time of writing. Earlier on Tuesday, the euro...

AUD/USD closely tracking USD/CNH as the yuan weakens, suggesting a potential retest of key reversal zone. Strong correlation between USD/CNH and US interest rate expectations continues to drive...