Forex Opinion & Analysis

If anyone was expecting the US election result and UK budget to significantly impact the Fed and BoE policy message, they were let down by two consensus 25bp cuts and rather balanced guidance. In FX,...

The Japanese yen (USD/JPY) has posted gains on Friday. In the European session, USD/JPY is trading at 152.38, down 0.36% on the day. The yen has taken traders on a roller-coaster ride this week,...

USD/CAD posts new 25-month high but currently stands beneath it. Stochastics and RSI show positive signs. Support lies at 1.3815, then 1.3745; 50-day SMA is at 1.3690. USD/CAD has been developing...

AUD/USD, NZD/USD jump over 1% on China stimulus speculation Rumours of ¥12 trillion package fuel risk-on sentiment Politburo decision Friday key to sustaining rally momentum Overview Speculation...

EUR/JPY: A break below the 50DMA could open the door to 163.57 support; 200DMA a key target for bears. GBP/JPY: Uptrend intact, but failure to clear 199.50 raises downside risks; watch 196 and...

The Japanese Yen has been weak versus the US Dollar over much of the past 2 years. However, that trend could be coming to an end if today’s chart pattern continues to play out. Today, we look at a...

The USD/JPY has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, as a...

We are revising our EUR/USD forecast lower following the Republican clean sweep. We assume that Trump will go ahead with both tax cuts and protectionism, with the latter triggering a dovish ECB...

The US Dollar Index (DXY) surged as markets anticipated a Donald Trump victory in the US presidential election. Market sentiment suggests a Trump presidency and Republican majority will boost the US...

The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US Dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald...

USD/JPY hits fresh highs as Trump wins battleground states. Resistance of 153.80-154.00 still in play. However, the 153.40-154.00 barrier is still under examination. USD/JPY soared to a new...

NZD/USD edges higher, ignoring weak September jobs report RBNZ may front-load cuts, with risk of a 75bps move in November understated. Kiwi gains tied to US election outcome, vulnerable to extreme...

The US Dollar is the world’s reserve currency and, as such, it garners a lot of attention from traders, investors, and media. Out-sized moves in the US Dollar can lead to moves in all asset classes....

The dollar index is in a starting position and ready to start another move. October was the best month for the DXY in almost two years, but it has pulled back from local extremes in recent days,...