Forex Opinion & Analysis

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...

US dollar keeps gaining strength amid solid economic data and inflation concerns Right now, the market is eyeing key inflation reports this week to determine the Fed's next move. Meanwhile, the...

Friday's strong US jobs release has provided another leg higher for the US Dollar. It is hard to see the dollar trend changing this week given the prospect of another strong set of US inflation data,...

PBoC increases cross-border macroprudential adjustment parameter Move may encourage capital inflows, supporting Chinese yuan USD/CNH bulls eye record high set in September 2022 USD/JPY bullish...

The NZD/USD pair has fallen to 0.5590 as of Friday, marking a two-year low driven by a strong US dollar and concerns over China’s economic performance. The decline in the New Zealand dollar comes...

The USD/CAD started the week with strong gains but has shown little movement since then. In the European session, the pair is trading at 1.4411, up 0.12% at the time of writing. We could see stronger...

USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support...

The British pound tumbled to its lowest level since late 2023 on Thursday as a perfect storm of economic challenges and market skepticism threatens to undermine the UK’s financial stability. The...

Forex Strategy is Bearish: We are currently at 157.63 in a range. We are looking for a slight pullback and then a continuation to the ATR target at 157.08 area, with the overall target the 2.618 Fibo...

The British pound is on a nasty slide and has lost 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), it...