Forex Opinion & Analysis

Dollar cruises higher, nonfarm payrolls on Friday will be crucial for this rallyEarly indicators point to another solid month for the US labor marketCentral bank decisions in Australia and New Zealand...

Canada’s GDP expected to improve US PCE Core Prices projected to stay steady at 0.2% The Canadian dollar has posted losses on Friday. In the European session, USD/CAD is trading at 1.3446, down...

USDCAD gives up weekly gains; might be due to a pullbackPotential support could next emerge near 1.3400US core PCE inflation index on the agendaUSDCAD erased Tuesday’s bounce as the 20-day...

Tokyo Core CPI eases to 2.5% Japanese yen rises The Japanese yen is showing some life following a nasty slide earlier in the week, which saw it decline around 1.5% and come close to the symbolic 150...

The US Dollar is in a pullback mode with some interesting reversals that can be happening because of end-of-the-week/month/q3 flows. We see some impulsive turns on small time frames, so it appears...

The USD/CHF is at risk of a false breakout. The move above the .9150 is quickly reversing today as the sentiment was about as bearish as we have seen in recent years (the Daily Sentiment Index was at...

Here are 4 reasons why the US Dollar is very strong.

The EUR/USD is getting a bear breakout below a bear channel. The recent downside breakout is strong enough to get a second leg down. The problem with the recent bear breakout is that it is late in a...

Tokyo Core CPI expected to drop from 2.8% to 2.6% Japanese yen steadies after slide The Japanese yen has stemmed a 3-day slide, in which it declined around 1.5% against the US dollar. In the European...

Australia’s retail sales decelerate to 0.2% The Australian dollar is in positive territory on Thursday after three straight daily losses in which AUD/USD lost over 1% and hit an 11-month low. In...

Fed lifts dot plot, adds fuel to dollar’s enginesFocus turns to core PCE index, the Fed’s preferred inflation gaugeSlowdown could hurt the dollar, but broader outlook remains brightThe...

German Institutes see 2025 GDP at 1.5% Germany GfK consumer confidence hit lowest since April 2023 Euro Zone M3 money supply posts worst drop on record FX traders appear convinced that the ECB is done...

EUR/USD approached 1.1300 in mid-July on bets that the Fed would soon announce a pause and the ECB would have to keep hiking. Fast-forward to today, the pair is down for the eleventh week in a row and...

The US Dollar was weaker and US stocks attempted to rally after the bond market selloff started to show some signs of exhaustion. Last night, the 10-year Treasury yield rally stalled out after its...