Forex Opinion & Analysis

Oil rally cools and prices settle below $86 a barrel US diesel export to Europe approach highest levels since 2019 Wall Street awaits key CPI report and bank earnings The Canadian dollar continues to...

A lot of times traders like to "assume" something is going to happen without having enough evidence. They "front run" their own trade idea thinking they are confident they will be right. This is a...

The US Dollar fell four out of five days to the Euro as the 10-Year Treasury dropped 14.8bps to 4.655%Atlanta Fed GDPNow estimate for Q3 rose from 4.9% to 5.1% Treasury 3 -year auction sees lowest...

The Japanese yen is drifting on Tuesday. In the North American session, USD/JPY is trading at 148.67, up 0.10%.The Bank of Japan continues to stick to its script that inflation is transient and that...

Australian consumer confidence rebounds, business confidence eases Fed members say higher bond yields could cool inflation The Australian dollar is unchanged on Tuesday, trading at 0.6412.Australian...

The strength of the US dollar dominates forex markets, dimming the Euro's prospects. Geopolitical events in the Middle East fuel risk aversion, boosting the dollar's safe-haven status. Factors like...

German Industrial Production declines for the fourth straight month The euro has started the week with losses. In the European session, EUR/USD is trading at 1.0527, down 0.57%.Germany’s...

Dollar stabilizes ahead of FOMC minutes and US inflation report Inflation expected to cool further - is the Fed done raising rates? Minutes due at 18:00 GMT Wednesday, inflation 12:30 GMT...

March 2022, Inflation at 8.5% was matched by GDP in the first quarter at – 2.0%. DXY traded 96.93 and the Fed embarked on the first of 10 interest rate raises. By March 2023 and 1 year later,...

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...