Forex Opinion & Analysis

The Canadian dollar is unchanged on Tuesday. In the European session, USD/CAD is trading at 1.3831 at the time of writing. The Canadian dollar is under pressure and is having a miserable October,...

USD/JPY jumps back into the 150 area after two months Caution needed due to overbought conditions USD/JPY kicked off the week on a strong note, rising at a faster pace to close above the 150.00...

The rise in gold is being driven primarily by the same factors as always: geopolitical tension in the Middle East and Eastern Europe. These conflicts are the kind of thing that always make the market...

The AUD/USD pair is attempting a recovery toward 0.6681, though the prospects seem uncertain as the pair remains near a six-week low. The strengthening of the US dollar and the rise in US Treasury...

Inflation data from the UK sparked speculation of more rate cuts by the BoE. This has put GBP/USD bears on alert. With the pair near 1.30, traders are watching for a potential breakout towards...

Continued US economic strength, improved prospects for a Trump Presidency has traders questioning US interest rate outlook Markets pare pricing for Fed rate cuts this year by more than half since...

USD/CHF is showing potential for bullish continuation. The Swiss National Bank may welcome a weaker CHF due to pressure from the Swiss export sector. Upcoming US data and geopolitical events,...

USD/JPY Bearish: We are currently @ 149.80 in the top of  a range. We have convergence down and a right shoulder is most likely printed.  We are looking for  the continuation to the S4 @ 148.07....

The Australian dollar is calm on Monday. In the European session, AUD/USD is trading at 0.6689, down 0.18%. The Aussie posted its third straight losing week and has declined 3.2% in October. On the...

A strong U.S. economy and geopolitical risks are key drivers for the US dollar's current trajectory. Differing central bank approaches globally favor the dollar amid potential trade policy...

USD/JPY has rallied by 7.7% from the 16 September 2024 low with three key risk events/data for this week (Japan’s flash PMI, Tokyo CPI & general election). The recent 4-week rally in the USD/JPY...

The GBP/USD pair is trading with almost zero momentum, remaining near the 1.3040 reference level. The "bulls" have maintained the upward momentum formed at the end of last week but are waiting for...

USD: Beige Book is probably the biggest threat to the dollar FX markets seem to be positioning for a Trump victory in next month's US presidential election. October seems to have been a good month...

The British pound has extended its gains on Friday. In the European session, GBP/USD is trading at 1.3046, up 0.27% on the day. UK Retail Sales Stronger Than Expected UK retail sales are moving in...