Forex Opinion & Analysis

GBP/CHF is currently at 1.1198 in a range and looking for a breakout of slope support. We are in the start of a channel, and we are looking for a continuation to the 1.000 Fibo at 1.1149 with a...

Eurozone inflation almost unchanged German retail sales fall by 2.5% Markets upwardly revise odds of Fed hike to 96% EUR/USD is trading quietly at 1.0966, down 0.09%.German retail sales fall by...

RBA unexpectedly raises rates by 25 bp AUD/USD jumps 1% Federal Reserve widely expected to follow with 25 bp hike The Australian dollar has racked up sharp gains today. In the European session,...

A combination of a surprisingly strong prices paid component to the US manufacturing PMI, corporate supply, and US debt woes spurred an almost 15 bp spike in the US 10-year yield and 13 bp jump in the...

Back in February 2022, sanctions were imposed against Russia, foreign exchange reserves were frozen and the USD/RUB surged. The intension from the West was to crush Putin’s ability to run an...

China's PMIs released over the weekend were much weaker than expected, with the manufacturing index signalling a downturn.The official manufacturing PMI fell to 49.2 in April from 51.9 the previous...

Most markets are closed for the May Day holiday. News that JPMorgan Chase & Co (NYSE:JPM) will acquire most of First Republic assets will be a relief for the markets. US equity futures are...

AUDUSD broke support at the lower end of the channel at 6660/40 for a medium-term sell signal with a high for the day exactly at resistance at 6640/60 to try a short on Friday - the pair collapsed to...

Over the last month, I’ve seen a wave of hysteria regarding ‘de-dollarization’ and the formation of a BRICS currency.Headlines like “Argentina Ditching Dollar” and...

The EUR/USD is in a tight bull channel. However, it is collecting much strong bear closes. The odds are that the channel up from the May low is converting into a trading range. The bears need to get...

German and eurozone GDP slowed and missed the estimates Markets await US Core PCE Price Index, German CPI EUR/USD is trading at 1.0983 in the European session, down 0.39% on the day German CPI...

An explosive week lies ahead for global markets, featuring central bank decisions in the United States, Eurozone, and Australia, alongside the latest edition of nonfarm payrolls. The Fed is expected...