Forex Opinion & Analysis

EUR/USD hovers near 1.0500 as traders await the outcome of the French no-confidence vote. ECB policymakers suggest a 25 bps rate cut is likely in December. Technical analysis indicates key support...

The EUR/USD is almost unchanged on Wednesday. In the European session, EUR/USD is trading at 1.0506, up 0.02% at the time of writing. Eurozone Services PMI Falls Into Contraction in November The...

The AUD/USD has taken a tumble on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 1.1% on the day at the time of writing. Earlier, the Australian dollar dropped as low as...

USD/JPY stuck within 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is pushing again for a close above the 150.00 mark and the...

If US exceptionalism and the potential for a second Trump administration weren’t enough to hold US dollar, geopolitics and events in South Korea on Tuesday only add to the argument. Expect the market...

USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a...

The USD/JPY has rebounded to around 150.00 area after testing a multi-week low near the 149.00 handle on Monday on the on the back of dovish comments from Fed’s Waller, who said he’s inclined to cut...

The USD/CHF has edged upwards on Tuesday. In the European session, USD/CHF is trading at 0.8846, down 0.21% on the day. Is Switzerland facing deflation? Swiss CPI declined by 0.1% m/m in November,...

USD/JPY approaches critical 149 support as BOJ hints at a rate hike. A weaker-than-expected jobs report could fuel further declines in USD/JPY. Traders should brace for volatility with upcoming BOJ...

FX markets continue to see a strong dollar even though this week should really be about US data and prospects for Fed easing. The currencies of three of the five BRICS founding members are under...

A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an...

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...

USD/NOK: Weakening correlation with US rates and energy prices, like other commodity currencies NOK/JPY: Carry trade flows dominate directional moves Bearish bias, but wait for confirmation from...

The US Dollar rose this morning as President-Elect Trump took aim at BRICS over de-dollarization efforts. The Euro weakens further due to concerns over a potential French government collapse. The...