Forex Opinion & Analysis

The EUR/USD has encountered resistance at the descending channel’s trendline near 1.0425, following yesterday’s strong rebound. This channel has defined the pair’s downward trajectory since last...

The narrowing interest rate differentials between Japan and the rest of the world have been a key theme in the improving Japanese yen forecast in the last couple of weeks. The main USD/JPY pair...

The British pound continues to show sharp swings this week. After a spectacular 1.3% gain on Monday, GBP/USD has reversed directions and is trading at 1.2233 in the European session, down 0.68% on...

Yesterday’s ex-post Trump’s inauguration speech US dollar sell-off has started to reverse course. In less than 24 hours after adopting a milder trade tariffs plan towards US major trading partners,...

USD/JPY could face volatility as Trump’s policy moves and the BOJ meeting loom large. Speculation grows over a potential rate hike by the BOJ, with inflation and Treasury yields hitting decade...

The US dollar suffered a positioning squeeze yesterday as Trump fell short of announcing universal tariffs on day one. However, USD/CAD and USD/MXN are facing more downside risks as the new president...

USD/JPY falls to five-week lows as US-Japan yield spreads narrow BoJ rate hike on Friday nearly fully priced; risks skewed to disappointment Key support zone near 155.00 could act as a springboard...

The fact that trade policy did not feature prominently in President Donald Trump’s inauguration speech has triggered a decent correction lower in the US dollar. We cannot rule out a near-term...

The yen is almost unchanged on Monday. In the European session, USD/JPY is trading at 156.37, up 0.06% on the day. We can expect a quiet day, as the US observes Martin Luther King Day and Donald...

Today, all eyes are on Donald Trump's inauguration as the 47th President of the United States. Financial markets are bracing for a flurry of executive orders ranging from immigration to energy and...

The increased likelihood of a Fed rate cut continues to weigh on the dollar, which weakened further as December's Retail Sales and Initial Jobless Claims signaled a disinflationary trend following a...

The US dollar started the week touching the 110 level on the DXY, hitting more than two-year highs, but was under pressure for most of the week. The dollar peaked when markets were experiencing their...

The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will Strong China Numbers Boost the Aussie? There was good...

The British pound is lower on Friday. In the European session, GBP/USD is currently trading at 1.2201, down 0.27% on the day. The pound can’t find its footing and is down 2.5% in January and a...