Forex Opinion & Analysis

New Zealand’s central bank takes a pause after 12 consecutive hikes New Zealand Manufacturing PMI expected to show manufacturing is stalled US inflation expected to decline to 3.1% The New...

UK unemployment rises to 4% in the three months to May, up from 3.8% Average earnings hit 7.3% (excluding bonus) and 6.9% (including bonus) Markets expect BoE to raise rates another 1.25% UK jobs data...

The EUR/USD formed a strong follow-through bar yesterday after last Friday’s strong bull close. The market exceeded the June 22 high early this morning and reversed down. At the moment,...

UK labour market data is making the Bank of England's task of fighting inflation complex, with markets increasing expectations of a 50bp rate hike in early August. But we focus on falling employment,...

Bearish:  AUD/NZD currently @ 1.0772 in a rare trend. We are looking for a continuation to the ATR at  1.0692 with the overall target the day chart bottom @ 1.0580.  Should see a bounce...

New Zealand central bank expected to pause after 12 consecutive hikes New Zealand Manufacturing PMI expected to show manufacturing is stalled The New Zealand dollar is lower on Tuesday. In the...

Overview: The greenback remains under pressure. The USD/JPY short squeeze continues, and strong wage growth has helped lift sterling to new highs since last April. Among the G10 currencies, only the...

UK employment falls but wage growth remains high BoE Governor Bailey says inflation will fall but more rate hikes needed The British pound has edged upward on Tuesday. In the European session, GBP/USD...

US nonfarm payrolls decline Canada adds 60,000 jobs Bank of Canada expected to raise rates on Wednesday The Canadian dollar is trading quietly at the start of the week. In the North American session,...

The EUR/USD Bulls got a strong upside breakout last Friday. This was the entry bar for the wedge bull flag buy signal bar formed last Thursday. Last Friday’s bull breakout is strong enough to...

The US CPI report for June will be keenly awaited on Wednesday (12:30 GMT) as investors remain undecided about the timing of the Fed’s next rate hike. The producer price index will follow on...

Bearish: We are currently @ 181.78. We are looking for a continuation to the ATR aim @ 181.00 with the overall target the 1.618 Fibo @ 180.17. Should see a bounce there for a corrective 4th wave....

Friday's US employment report sparked a sell-off in both the dollar and stock indices, as the pace of job creation missed forecasts, but hourly earnings growth beat expectations.The economy added 209k...

Overview: The US dollar is mostly firmer after selling off hard before the weekend in response to the jobs data. Ranges are mostly narrow, but the Australian and New Zealand dollars are the...