Forex Opinion & Analysis

The EUR/USD lost ground on Friday, trimming weekly gains as the U.S. dollar rose across the board amid the deterioration in risk sentiment. Still, the pair scored the fourth weekly advance in a row...

The EURUSD now has three consecutive strong bull closes. The bulls want a successful breakout above the February high and for the market to rally for some kind of measured move up of the...

At G20 meeting, BoJ Governor Ueda says he’ll maintain policy US markets brace for soft US retail sales BoJ’s Ueda says he’ll maintain policyIt has been a light data calendar in Japan...

The 0.5% decline in US March producer prices pushed on the door opened by the softer-than-expected CPI on Wednesday. The Fed funds futures market sees the year end rate to a 4.33%, while still pricing...

The Fed’s balance sheet shrank by 17.6 bn last week to 8,615 bn. Down 119bn over three weeks, the balance sheet is still 275bn higher than at the start of March.Pumping liquidity into the...

New Zealand Manufacturing PMI declines in March US retail sales expected to decline in March NZD/USD is trading quietly around the 0.6300 line New Zealand manufacturing declines New Zealand wrapped up...

A real shock followed yesterday's mild disappointment in CPI in producer prices. PPI fell by 0.5% in March, and the annual growth rate fell from 4.9% to 2.7%, the lowest since Jan 2021, but more...

The EUR/USD got a strong bull close yesterday, closing above the past several days. The bull bars over the past two days are strong enough to increase the odds of a 2nd leg up and a test of the...

Australia added 53,000 new jobs in March Australian dollar climbs 0.50% RBA Deputy Governor Bullock says rate pause not related to banking crisis Australia posted a blowout employment report today,...

There are no major central bank decisions scheduled for next week, but that doesn’t mean markets will be quiet as there’s a ton of data releases that can fuel volatility. The highlight...

The market took US short-term rates and the dollar lower after the CPI data, which was largely in line with expectations. On the one hand, the odds of a quarter-point hike next month increased...

Bank of Canada pauses rates for second straight month US headline inflation drops to 5%, core rate rises to 5.6% Canadian dollar climbs to highest level since February 16 The Canadian dollar has...

The EUR/USD reversed up from the April 10th failed bear breakout and is now at the February 1st close. I have been saying the market would probably reach the February 1st close and allow the scale-in...

Headlines like the ones below lead some to believe that the U.S. dollar’s death may be coming soon.China, Brazil Strike Deal to Ditch Dollar for Trade- Barron’s 3/2023 China Completes...