Forex Opinion & Analysis

The most traded currency pair in the market starts a new week of May with a decline. EUR/USD is now retreating to 1.0860.The US dollar has risen noticeably because of increased demand for safe-haven...

The EUR/USD had a bear breakout with follow-through below the moving average (blue line) and is probably Always In Short. However, it is important to realize that the market is Always In Short, in...

Australia to release RBA minutes and consumer sentiment US debt crisis pushes US yields and the US dollar higher AUD/USD has rebounded on Monday, after a steep slide of 2% over the previous two...

Eurostat today reported that eurozone industrial production fell by 4.1% in March, the most significant drop since July last year. Compared with the same month of the previous year, output fell by...

The US dollar is mostly consolidating last week's gains. The big news has been on the political front. Thailand's opposition parties dealt the military-led government a powerful blow. But in Turkey,...

New Zealand dollar rebounds after sharp losses on Friday New Zealand Services Index contracts US consumer confidence slips, inflation expectations rise The New Zealand dollar has started the week with...

There are different ways to measure it, but the US dollar just put in its best week of the year. The greenback rose against all the G10 currencies, and the Dollar Index rose by the most since last...

The bearish pressure mounted on EUR/USD this week as the dollar benefitted from deteriorated market mood amid banking sectors concerns and US debt ceiling woes. At the time of writing, the EUR/USD...

The Bank of England raised its key interest rate by 25 points to 4.5% on Thursday, marking the twelfth consecutive policy tightening. Two of the nine members have voted to keep rates on hold in the...

With no central bank decisions on the menu next week, investors will turn to data releases. Top of the list is the US retail sales report, which will help shape expectations about the Fed’s rate...

Overview: The dollar sprang higher yesterday but follow-through buying today has been limited. The little more than 0.5% gain in the Dollar Index was among the largest since mid-March. And...

UK GDP remains steady at 1% in Q4 BoE raises rates by 25 bp BoE revises upwards its growth, inflation forecasts UoM consumer sentiment expected to slow GBP/USD is trading at 1.2517 in Europe, almost...

USDCAD has been generating a structure of lower highs after peaking at the 2023 high of 1.3860 in mid-March. Although the pair managed to bounce off its May low and reclaim the 200-day simple...

Latest US data showed that the long-awaited slowdown in the US economy may finally be at hand, an ominous sign for risk assets like the Australian dollar. AUD/USD has reversed aggressively off the top...