Forex Opinion & Analysis

Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some...

Forex Strategy is Bearish: We are currently @ 160.41 in a channel and a 5th wave. We are looking for a continuation to the ATR target @ 159.56 area, with possible movement to the 5th wave support...

The British pound edged lower on Thursday. In the European session, GBP/USD is currently trading at 1.2205, down 0.22%. UK GDP Posts Weak Gain of 0.1% The UK economy climbed out of negative growth...

Hawkish speeches from BoJ officials coupled with a softer US core CPI print for December put an interim ceiling on US dollar strength against the yen. The leading 10-year yield spread of the US...

Following the significant drop in the US dollar yesterday, the US Dollar Index has pulled back toward the red trendline support, which marks the lower boundary of the wedge pattern we've been...

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be...

US dollar pairs decouple from US rate correlations USD/CAD, USD/CHF, EUR/USD show weak reactions to inflation data Bessent Senate confirmation, US retail sales headline Thursday...

AUD/USD nears a retest of its recent range highs after strong jobs data December employment surged, but gains were driven by part-time hiring Unemployment edged up as participation hit a record...

The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK Inflation Softer Than Expected The UK’s annual inflation rate...

EUR/USD forms a textbook morning star pattern, hinting at a potential bottom Bessent confirmation hearing could spark a reversal in yields and risk assets Break above downtrend resistance targets...

USD/JPY slips toward key support region of 156.65 Technical signs reflect falling buying appetite US CPI inflation figures due for release at 13:30 GMT USD/JPY is feeling the heat again after its...

The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In...

The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations...

USD/CHF rally stalls, technicals signal fading bullish momentum CPI data Wednesday and Bessent's Senate hearing Thursday could drive yields and USD A break below uptrend support targets .9020 as...