Forex Opinion & Analysis

EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the...

EUR/USD sold off to 1.0332 earlier on Monday after weak Eurozone economic data led traders to raise their bets on a big rate cut by the ECB. This drop comes on the back of a bigger selloff from...

As Trump eyes reelection, several forces are shaping currency movements: But what does this mean for traders? The Euro? Facing pressure as the USD strengthens. The Yen? Still a haven, but watch how...

Although EURUSD had already fallen below the key historical level of 1.05 on Thursday, the weak PMI figures led to a further capitulation of buyers and a subsequent 1.5% fall in the single...

The USD/JPY pair has lost its upward momentum and appears poised to break below the ascending channel that has supported its rise since September.  A key support level to watch is 151.50, which could...

Friday's release of softer-than-expected eurozone PMIs have proved the catalyst for EUR/USD to break to the downside of its two-year trading range. Even though a near 7% drop in just two months is an...

The pound has made strong losses against the US dollar in the third quarter so far, having been overheated in September. Donald Trump’s election has generated some negativity due to the likely...

The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK Retail Sales Weaker Than Expected UK...

A combination of factors are contributing to the strong dollar, and with geopolitical risks on the rise, we believe it may be risky to try and pick a bottom in EUR/USD just yet. Incidentally, PMIs...

BOJ Governor Ueda characterized the outcome of next month’s monetary policy meeting as “unpredictable,” re-opening the door for a potential interest rate hike. Traders are now pricing in 50/50 odds...

Forex Strategy is Bullish: We are currently @ 1.2647  after a bounce. If USDX continues down, we are looking for a continuation to the ATR target/Range top  @ 1.2727 area and then to the 1.270  Fibo...

The USD/JPY has posted strong gains on Thursday. In the European session, USD/JPY is trading at 154.34, down 0.70% on the day. Ueda Says Rate Decision Will Depend on Data Bank of Japan Governor...

The NZD/USD pair is trading near 0.5879, experiencing volatility as the market awaits the upcoming Reserve Bank of New Zealand (RBNZ) meeting. Expectations are leaning towards a significant rate cut,...

FX markets continue to consolidate after recent volatility, but no one wants to unwind their long dollar positions. Equally, the threat of escalation in Ukraine plus more soft European PMI numbers...