Forex Opinion & Analysis

The Consumer Price Index (CPI) in the US increased 0.4% in February, in-line with expectations and slightly lower than January's figure of 0.5%. The annual CPI gain of 6.0% in February was the...

The U.S. dollar took a breather on Tuesday following the previous day’s sell-off as markets’ jitters surrounding the Silicon Valley Bank (SVB) collapse quieted, while U.S. consumer...

The US consumer price index rose 0.4% in February, slowing the annual rate to 6.0%, in line with economists' expectations. The core price index, which excludes food and energy, rose 0.5% for the month...

Bulls got a bull close completely above the moving average. This is good for the bulls and a sign that the market is transitioning into a trading range. Bulls want an upside breakout above the...

Bullish: AUD/USD is currently at 0.6687 after the pullback in a range and a channel.  We are looking for a continuation to the ATR target at the 0.6750 area with a further target at 1.618 Fibo at...

Unemployment claims in the UK fell by 11.2k in February, against analysts' average forecast of a rise of 12.5K. Jobless claims have fallen by nearly 50K over the past three months after a sustained...

The British pound has reversed directions after an impressive rally that saw GBP/USD climb 370 points. In the European session, GBP/USD is trading at 1.2154, down 0.24%.US dollar recovers The collapse...

The upcoming US CPI report could tip the scales for the Fed’s highly-anticipated interest rate decision next week. The report comes as traders sift through the confusion and uncertainty...

The EUR/USD pair advanced beyond the 1.0700 level on Monday despite the risk-off environment prompted by the Silicon Valley Bank shutdown. The greenback suffered the pressure of lower U.S. yields amid...

The last CPI report before the Fed’s March policy meeting is due on Tuesday at 12:30 GMT and after the recent nasty surprises in the data, anxiety is running high about another hot print. Fed...

The EUR/USD is trying to get a close above the exponential moving average (blue line) and damage the argument of a bear trend. The market has had 24 out of 25 closes below the moving average, which...

The British pound continues to rally and punched as high as 1.2141 earlier today before retreating. In the European session, GBP/USD is trading at 1.2100, up 0.56%.There are no economic releases out...

GBP/USD is currently at 1.2091 after the pullback in a range and a channel.  If we can break resistance here, we are looking for a continuation to the 1.000 Fibo/ATR target at the 1.2224 area.We...