Forex Opinion & Analysis

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs Decelerate in October UK PMI releases on Thursday pointed to weaker activity...

The Japanese yen is showing limited movement on Friday. In the European session, USD/JPY is trading at 151.94, up 0.09%. Tokyo Core CPI Falls Below BoJ’s Target Tokyo Core CPI, a leading indicator...

The recent movement of the USD/JPY has been influenced primarily by political factors. The JPY has weakened significantly due to the growing risk that the current LDP-led coalition may lose its...

The NZD/USD pair dropped to 0.5988 this Friday, marking a potential close lower for the fourth consecutive week. The strength of the US dollar continues to dominate the currency pair, fuelled by...

USD/CAD adds 3.4% from 1.3420 Remains well above the SMAs MACD and RSI indicate overbought levels USD/CAD has been creating a notable bullish rally since the bounce off the 1.3420 support level,...

EUR/USD saw early gains on Thursday but fell as US PMI data exceeded expectations. Diverging economic paths and monetary policies between the US and Eurozone could impact EUR/USD. Technical analysis...

GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The Bank of England may consider interest rate cuts due to slowing inflation, potentially weakening the Pound...

On Thursday, S&P Global released flash estimates for the October PMIs across major regions. The significance of this data increases over time, and in Europe, it often influences market...

GBP/JPY marks new higher high; remains restricted Resistance near 198.50; support seen around 196.00 GBP/JPY charted a three-month high of 198.42 at the top of a bullish channel, increasing...

EUR/USD has tumbled to 1.0789, marking a near three-month low as market sentiment heavily favors the US dollar. The dollar's strength is driven by expectations of a gradual and limited interest rate...

EUR/USD continues to move in the opposite direction to US interest rates Economic sentiment towards the US and Europe is diverging quickly, which in an early contrarian warning signal Flash PMI...

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in...

The Canadian dollar is in negative territory on Wednesday. In the North American session, USD/CAD is trading at 1.3844 at the time of writing, up 0.20%. The Canadian dollar has posted only three...