Forex Opinion & Analysis

Month to date, the USD/CAD currency pair (US dollar versus the Canadian dollar) is up about 2.0% and testing monthly highs. Monthly Price Action Suggests Further Upside Ahead The monthly timeframe...

The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s a busy...

Gold is showing signs of recovery, riding a bullish move that began at the end of last week after retreating from the lows seen since September 20. Now, the price of gold is testing the 2660.00 mark,...

The past few days have been packed with economic news from China, from inflation figures to a press conference on stimulus measures. While market reaction to the data has been relatively mixed, there...

China’s latest set of inflationary data for September increases the risk of a deflationary spiral being entrenched. China policymakers continued to use rhetoric to push out new fiscal stimulus...

The New Zealand dollar is lower on Monday. In the European session, NZD/USD is trading at 0.6082, down 0.44%. Services PMI Contracts for Seventh Straight Month New Zealand’s economy has been...

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a...

USD/CAD is on track to record its ninth consecutive daily gain. One more and it will be the longest since 2017 The winning streak has seen price move towards known level, presenting an opportunity...

The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day...

The British pound is showing little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and its lowest...

The US Dollar Index (DXY) is in an intriguing position after mixed price action and ahead of PPI data. The future of the dollar may be influenced by external factors like oil prices and Middle East...

USD/CAD completes 8 green days MACD and RSI indicate strong positive momentum USD/CAD skyrocketed to another fresh two-month high of 1.3774 during yesterday's session, adding more than 2.5%...

US inflation is showing signs of stalling as it approaches the Fed’s 2% target, while Canadian price pressures are already well within the BOC’s 1-3% target range. This makes a more compelling case...

The US dollar is developing an offensive, adding almost daily against a basket of major currencies. This nearly 3% bounce from the lower end of the trading range of the last 2.5 years and the 100...