Forex Opinion & Analysis

Note: Core CPI and PPI were as forecasted today! Forex Strategy is Bullish: For GBP/JPY, we are currently @ 192.11 in a channel in a range. We are looking for a continuation to the ATR target @...

The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK Inflation Softer Than Expected The UK’s annual inflation rate...

EUR/USD forms a textbook morning star pattern, hinting at a potential bottom Bessent confirmation hearing could spark a reversal in yields and risk assets Break above downtrend resistance targets...

USD/JPY slips toward key support region of 156.65 Technical signs reflect falling buying appetite US CPI inflation figures due for release at 13:30 GMT USD/JPY is feeling the heat again after its...

The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In...

The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations...

US producer prices rose at a slower-than-expected pace in December, easing fears of tighter monetary policy.The PPI rose 0.2% in December, down from 0.4% in the previous month. And while price growth...

The EUR/USD managed to bounce back along with all risk assets after hitting a new multi-year low sub 1.02 handle on Monday. The single currency managed to rise a little further on Tuesday, at the...

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian Consumer Sentiment Declines for...

GBP/USD creates bullish candlestick near 1.2100 Technical signals reflect weakening selling appetite GBP/USD slumped to a 14-month low of 1.2098 on Monday following five devastating weeks, but a...

The USD/JPY pair entered a consolidation phase on Tuesday, following modest growth during the earlier two trading sessions. Today, the pair’s movements are centered around the 157.50 mark.   Despite...

Political uncertainty and weak economic data weigh heavily on GBP/USD, as the pair tests critical support levels. Surging UK bond yields and expectations for BoE rate cuts add pressure to the...

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

A higher 10-year yield premium of the US Treasuries over Australian sovereign bonds has reduced the attractiveness of the Aussie dollar as a “high-yielding” currency. Deflationary risk in China...