Forex Opinion & Analysis

The Japanese yen gained ground on Friday. In the European session, USD/JPY is trading at 136.17, down 0.44%.Tokyo Core CPI eases There was some positive news on the inflation front, as Tokyo Core CPI...

Talk from two Fed officials yesterday, which seemed to validate market expectations, eased the upward pressure on the dollar and helped equities launch a dramatic recovery. The market is pricing at a...

In past currency market trading years, the threat of war, missile fires and troops on another nation’s border had dramatic and immediate effects to movements. South Carolina had a past United...

AUD/USD made a high for the day at resistance at 6760/70 yesterday & again today, shorts need stops above 6800.Shorts did target 6730/25 with minor support at this week's low at 6700/6690. A break...

The EUR/USD pair came under pressure on Thursday, reversing most of the previous day’s gains, despite stronger-than-expected inflation data from the Eurozone. At the same time, the dollar...

The euro remains busy and is down 0.40% on Thursday, trading at 1.0624. This follows the EUR/USD gaining 0.90% a day earlier.Eurozone inflation falls to 8.6%The euro’s moves today and yesterday...

USD/CNY achieved targets at 6.9432 then 6.9298 from 6.9723 highs. USD/ZAR hit target at 18.0995 from 18.5191 highs. USD/INR target at 82.32 traded to 82.36 from 82.94 highs. USD/NOK target at 10.2655...

WTI oil futures (April delivery) have been stuck in a rectangle pattern since early November, appearing unable to adopt a clear trend. Meanwhile, the commodity has been gaining ground in the last few...

The EUR/USD pair was boosted on Wednesday and advanced to fresh weekly highs following the release of higher-than-expected German inflation data. The pair's advance has also been underpinned by the...

Lifting the lockdown and the end of the Lunar New Year celebrations led to a strong rebound in Chinese economic activity.The manufacturing PMI jumped to 52.6 in February from 50.1 the previous month,...

Bearish: GBP/JPY is currently at 163.35 after making the turn in a range. We are looking for a continuation to the 1.000 Fibo/ATR target at the 162.00 area and then the 0.500 Fibo at 161.37.We have...

Things are looking up in the euro area with business activity ticking higher in the first two months of 2023, easing concerns about an imminent recession. Falling energy prices, improving supply...

Many investors may be skeptical of the accuracy of Chinese data, but its stronger-than-expected February PMI animated the animal spirits and bolstered risk-taking appetites. Asia Pacific equities...