Forex Opinion & Analysis

Market Picture The German Producer Price Index fell more than expected, preventing the EUR/USD from extending the rebound seen at the end of last week. Producer prices in Europe’s largest economy...

The Australian dollar is calm on Monday. In the European session, AUD/USD is trading at 0.6689, down 0.18%. The Aussie posted its third straight losing week and has declined 3.2% in October. On the...

A strong U.S. economy and geopolitical risks are key drivers for the US dollar's current trajectory. Differing central bank approaches globally favor the dollar amid potential trade policy...

USD/JPY has rallied by 7.7% from the 16 September 2024 low with three key risk events/data for this week (Japan’s flash PMI, Tokyo CPI & general election). The recent 4-week rally in the USD/JPY...

The GBP/USD pair is trading with almost zero momentum, remaining near the 1.3040 reference level. The "bulls" have maintained the upward momentum formed at the end of last week but are waiting for...

USD: Beige Book is probably the biggest threat to the dollar FX markets seem to be positioning for a Trump victory in next month's US presidential election. October seems to have been a good month...

USD/JPY is experiencing a correction phase following two days of gains, as mixed economic signals emerge from Japan. Despite ongoing expectations for monetary tightening by the Bank of Japan (BoJ),...

EUR/GBP charts new 2 ½-year low after UK retail sales beat estimates  Short-term bias is skewed to the downside, but price near familiar support line EUR/GBP plunged to a new 2½-year low of 0.8293,...

GBP/USD currently sitting at 1.2993, having just emerged from a range. If we see a clean breakdown, the initial target is the ATR level at 1.2910. Beyond that, we're eyeing the 1.000 Fibonacci level...

A 25bps cut by the ECB is likely to have been fully priced in. The current high expectation of another ECB rate cut in December faces an increased repricing risk. Watch the 1.0780/0750 key...

Australia produces another stunningly strong jobs report for September Unemployment steady, underemployment hits multi-year lows RBA rate cut probabilities slashed given implications for inflation...

AUD/USD rebounded on Thursday after three consecutive days of declines, supported by robust employment data from Australia that bolstered the hawkish outlook on the Reserve Bank of Australia's (RBA)...

EUR/USD continues the sell-off Immediate support at medium-term uptrend line Stochastic edges lower in the oversold area EUR/USD is experiencing more losses a few hours ahead of the ECB interest...

EUR/USD is oversold for only the fifth time in the past two years Prior oversold episodes often occurred before bullish reversals Markets fully priced for back-to-back ECB rate cuts to close out...