Forex Opinion & Analysis

US consumer inflation slowed to 4.0% y/y in May from 4.9% y/y. The monthly gain was 0.1%. In both cases, the data was 0.1 percentage point weaker than expected, marking a slightly faster decline in...

The market's most traded currency pair climbed to 1.0800 on Tuesday.The market has a risk appetite at the beginning of a crucial week, with the meetings of the Federal Reserve System and the European...

AUD/NZD is currently at 1.1024 in the very top of the range. If we can break the slope support here, we are looking for a continuation to the S2 at 1.0961 with the overall target ATR target at 1.0944....

The US Federal Reserve's interest rate decision in May was the tenth consecutive increase in 14 months. In this tightening cycle, the Fed rate has thus increased from 0-0.25% to 5-5.25% - the highest...

Fed may pause interest rate hike cycle at Wednesday meeting Meanwhile, ECB could hike with 2008 peak in question EUR/USD could move up following expected decisions by both banks The releases of US and...

Overview: A surprise cut in China's seven-day repo and a stronger-than-expected UK employment report are session's highlights ahead of the US CPI. The base effect alone suggests a sharp fall in the...

Australian consumer confidence holds steady, business confidence falls US inflation expected to ease Inflation release could be a game-changer for Fed decision on Wednesday The Australian dollar...

US dollar index stuck in a sideways consolidation from 104.70 down to strong support at 103.35/25. A low for the day exactly here again yesterday but this time with an excellent 50 pip...

The EUR/USD pair shows no directional bias at the start of an eventful week as investors refrain from taking significant positions ahead of the United States consumer inflation data (Tuesday) and the...

There are no UK of US tier-1 releases on Monday On Tuesday, UK releases jobs data and BoE’s Bailey testifies before House of Lords committee US releases inflation data on Tuesday, with Fed rate...

Bearish:  GBP/USD are currently at 1.2559 in the channel.   If we can break the support here, we are looking for a continuation to the 0.618 Fibo at 1.2522 with the overall target the...

Overview: Today may be the calm ahead of tomorrow's US CPI and rate decisions by the Fed, ECB, BOJ, and PBOC over the next few days. Most large bourses in the Asia Pacific region rose and...

The EUR/USD formed a surprise bull breakout at the moving average (blue line) yesterday. Yesterday’s breakout is probably strong enough to get a second leg up, so there are probably buyers...

A bombshell week is coming up, featuring rate decisions in the United States, Eurozone, and Japan. The Fed is likely to ‘pause’ according to market pricing, but the decision might...