Forex Opinion & Analysis

USD/CAD posts losses after 4½-year high RSI and stochastics confirm negative move USD/CAD is moving lower after the bullish spike to the fresh four-and-a-half-year high of 1.4176, falling beneath...

The US market reopens post-Thanksgiving with limited activity expected. The DXY strengthened slightly, correcting Wednesday’s sell-off. The Brazilian real hit an all-time low due to disappointing...

French government faces collapse over a €60bn austerity plan Despite heightened media coverage, French turmoil isn’t moving EUR/USD EUR/USD is more influenced by relative US-European growth and...

Tokyo inflation tops forecasts, firming BoJ rate hike bets USD/JPY breaks 200DMA, extending Monday’s bearish break 150, 147.20 downside levels to watch Overview An upside inflation surprise, signs...

The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day. On the data calendar, Japan...

EUR/JPY in the fourth week of losses Short-term bias skewed to the downside Next stop could be near 158.00 EUR/JPY is set to post its fourth consecutive negative week, having retraced more than...

The AUD/USD is showing little movement after Australia released the October inflation report. In the European session, AUD/USD is trading at 0.6478, up 0.06% on the day. Australia’s Inflation Rate...

The EUR/USD is back on the rise today, rising 0.2% against the US Dollar, reclaiming the 1.051 level while still remaining near its lowest levels this year.The euro’s is capitalizing on the...

The NZD/USD has ended a five-day losing streak on Wednesday. In the European session, NZD/USD is trading at 0.5887, up 0.9% on the day. RBNZ Chops Rates by 50 Basis Points The Reserve Bank of New...

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also...

GBP/USD is stuck in a tight range, reflecting market indecision. Upcoming US data releases, including GDP and PCE data, could trigger a breakout from the range. The US Dollar Index’s performance...

The highlight of Wednesday's session will be the release of the US October core PCE deflator, expected at 0.3% MoM. Even though the market has largely moved on from the US inflation story, a sticky...

USD/JPY loses ground around 200-day SMA. RSI and MACD head south. USD/JPY is posting notable losses.  USD/JPY has declined considerably toward the 200-day simple moving average (SMA) around 152.10,...

RBNZ cuts 50bps to 4.25%, with no debate on a larger move NZD/USD surges as only 25bps or 50bps were considered. Neutral rate revised higher, indicating shallower easing cycle NZD/USD threatens to...