Forex Opinion & Analysis

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...

The EUR/USD managed to bounce back along with all risk assets after hitting a new multi-year low sub 1.02 handle on Monday. The single currency managed to rise a little further on Tuesday, at the...

Forex Strategy for GBP/JPY is Bearish: We are currently at191.60 in a channel in a range. Scenario #2:  We are looking for a slight pullback and then a continuation of a 5th wave to the ATR target at...

GBP/USD creates bullish candlestick near 1.2100 Technical signals reflect weakening selling appetite GBP/USD slumped to a 14-month low of 1.2098 on Monday following five devastating weeks, but a...

The USD/JPY pair entered a consolidation phase on Tuesday, following modest growth during the earlier two trading sessions. Today, the pair’s movements are centered around the 157.50 mark.   Despite...

Political uncertainty and weak economic data weigh heavily on GBP/USD, as the pair tests critical support levels. Surging UK bond yields and expectations for BoE rate cuts add pressure to the...

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

A higher 10-year yield premium of the US Treasuries over Australian sovereign bonds has reduced the attractiveness of the Aussie dollar as a “high-yielding” currency. Deflationary risk in China...

US dollar keeps gaining strength amid solid economic data and inflation concerns Right now, the market is eyeing key inflation reports this week to determine the Fed's next move. Meanwhile, the...