Forex Opinion & Analysis

The most important publication in the coming weeks will be Friday's US employment report. Ahead of that, we are turning our attention to other labour market indicators. Wednesday's ADP private sector...

EUR/USD hovers near 1.0500 as traders await the outcome of the French no-confidence vote. ECB policymakers suggest a 25 bps rate cut is likely in December. Technical analysis indicates key support...

The EUR/USD is almost unchanged on Wednesday. In the European session, EUR/USD is trading at 1.0506, up 0.02% at the time of writing. Eurozone Services PMI Falls Into Contraction in November The...

The AUD/USD has taken a tumble on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 1.1% on the day at the time of writing. Earlier, the Australian dollar dropped as low as...

USD/JPY stuck within 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is pushing again for a close above the 150.00 mark and the...

If US exceptionalism and the potential for a second Trump administration weren’t enough to hold US dollar, geopolitics and events in South Korea on Tuesday only add to the argument. Expect the market...

Forex Strategy is Bearish: We are currently @ 157.05  in a range. We are looking for a continuation to the ATR target @ 156.21 area and then to the 0.618 Fibo @155.99.  We  have convergence for the...

The USD/JPY has rebounded to around 150.00 area after testing a multi-week low near the 149.00 handle on Monday on the on the back of dovish comments from Fed’s Waller, who said he’s inclined to cut...

AUD/USD struggles below 20-SMA; trend signals are discouraging. AZ Q3 GDP could be a market mover on Wednesday at 00:30 GMT. AUD/USD remains exposed to downside risks. AUD/USD kicked off the week...

USD/JPY approaches critical 149 support as BOJ hints at a rate hike. A weaker-than-expected jobs report could fuel further declines in USD/JPY. Traders should brace for volatility with upcoming BOJ...

FX markets continue to see a strong dollar even though this week should really be about US data and prospects for Fed easing. The currencies of three of the five BRICS founding members are under...

A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an...

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...

USD/NOK: Weakening correlation with US rates and energy prices, like other commodity currencies NOK/JPY: Carry trade flows dominate directional moves Bearish bias, but wait for confirmation from...