Forex Opinion & Analysis

US Consumer Confidence “beat” expectations, but the deterioration in consumers’ view of the labor market is the more salient development for markets. The gap between consumers seeing jobs as...

The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.1179 at the time of writing, up 0.16% on the day. The euro has been on a tear against the...

Note: Consumer Confidence today! Bearish: Currently, EUR/JPY is at 161.07 after the slope support breakout. The pair is in a channel and a continuation to the ATR target of 160.31 is likely. Watch...

The British pound has been one of the best-performing currencies in recent weeks, driven by a good run of UK data and expectations that the Bank of England will not cut interest rates at its...

The Japanese yen has edged lower on Tuesday, trading near 144.80. BoJ Core CPI Slips to 1.8% Is Japanese inflation falling? Two inflation indicators pointed to a deceleration in inflation in July....

BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy stance. Short-term interest rate markets are likely to price in a shallower and slower...

GBP/USD’s bull run slows down near a familiar resistance area Some stability is likely; sellers need a close below 1.3188 to gain control GBP/USD opened the week with marginal losses after its...

The GBP/USD pair has surged above 1.32, reaching its highest level since March 2022. Key macro readings this week will influence future Fed rate cut expectations and impact the pair. US dollar...

The euro is in negative territory on Monday. In the European session, EUR/USD is trading at 1.1156 at the time of writing, down 0.32% on the day. The euro posted strong gains on Friday, rising 0.73%...

Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...

Germany's Business Climate Germany's business climate deteriorated in August but was better than expected. The Ifo business climate indicator fell from 87.0 to 86.6, the fourth consecutive month of...

The Japanese yen has shown notable strengthening, with the USD/JPY pair dropping to 143.99 on Monday, marking a three-week low. This movement is primarily driven by the weakness of the US dollar and...

EUR/USD returns to positive trend after Powell confirms dovish policy adjustment Technical signals reflect weakening positive bias; next resistance could be at 1.1240-1.1274 EUR/USD has had a great...

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