Forex Opinion & Analysis

Consumer price inflation in Japan is in no hurry to slow down. In March, prices rose 3.2% y/y, compared with 3.3% in February and an expected 2.6%.  The core price index excludes food and energy...

AUD/USD has fallen sharply Fed members continue to urge more rate hikes Fed members say inflation still too highThe Australian dollar has been relatively quiet during the week but is getting pummelled...

The EUR/USD pair advanced modestly on Thursday but overall continues to move sideways in a familiar range as global markets fluctuate in the absence of catalysts and first-tier data. At the time of...

Brazilian President Lula recently asked the following questions: - ‘’Every night I ask myself why should every country have to be tied to the US Dollar for trade?’’ -...

The EUR/USD has formed a tight bull channel since the March 15th low. The bears are beginning to develop more selling pressure, increasing the odds of the channel evolving into a trading range...

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...

Equities are mostly lower, while bonds have risen. The dollar is trading in narrow ranges and mixed against the G10 currencies and emerging markets. Most Asian bourses were lower. The Nikkei (though...

Australian Business Confidence and Business Conditions fall RBA review calls for overhaul of central bank Governor Lowe says willing to continue AUD/USD is almost unchanged, trading at...

Do we need to worry about the end of the US dollar dominance in international trade – the de-dollarization of global finance?There is widespread discussion and concern in some quarters as China...

The GBP/USD pair extended gains into a second day above 1.2400 on Wednesday after higher-than-anticipated United Kingdom inflation figures. At the same time, the dollar has found it difficult to...

The dollar will be extremely hard to replace for four reasons: The rule of law, liquid financial markets, and economic and military might. 60% of global currency reserves are in dollars, and about...

Having defied recession predictions, the Eurozone economy will attract some headlines on Friday when the latest flash PMI readings are due (08:00 GMT). Growth in the euro area has been slowly gaining...

The EUR/USD pair formed a bull bar yesterday, closing on its high. The Bulls see yesterday’s buy signal bar as a breakout pullback buy setup, hoping for a second leg up and a breakout above the...