Forex Opinion & Analysis

The British pound fell below the 1.30 level against the US dollar after weak inflation data across indicators. This sent the pound to a two-month low on speculation that the Bank of England will cut...

Gold (XAU/USD) is on an upward trend, currently trading around 2676.00, close to its historical high of 2685.00. During an event in Miami (at the London Bullion Market Association conference), key...

The British pound has finally showed some movement on Wednesday after a week of limited movement. In the European session, GBP/USD is trading at 1.2992, down 0.62% on the day. The pound fell below...

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have...

The EUR/USD pair is experiencing significant influences from recent developments in the U.S. and Eurozone economies. On the U.S. side, inflation has remained persistently high, as evidenced by recent...

New Zealand inflationary pressures have returned to the RBNZ target band for the first time in 3.5 years. Markets are debating whether the RBNZ will cut 50 or 75 in late November. NZD/USD eases...

The British pound has been showing limited movement for over a week. In Tuesday’s North American session, GBP/USD is trading at 1.3086, up 0.13% on the day. UK inflation expected to decline to...

Forex Strategies Bearish: We are currently @ 162.63 in a range.  If we break the range, we are looking to target the ATR targets/0.382 Fibo at 161.56.  A further target is the S4 at 161.26. Watch for...

The Kiwi NZD/USD has retraced enough to back-test the L/T descending channel’s T/L resistance as support. This T/L is now confluence with the 61.8% Fib of the last move higher at 0.6050. This is...

The Canadian dollar has declined against the US dollar for a tenth consecutive trading day and has fallen 2.1% in October. In Tuesday’s session, USD/CAD is trading at 1.3811 at the time of writing,...

GBP/USD stays directionless near September’s base Technical signals cannot warrant an upside reversal GBP/USD faced mild selling pressure but held its footing above September’s floor of...

EUR/USD traders await the ECB meeting as the pair hovers near key support levels. Shifting Fed and ECB rate cut expectations continue to drive volatility in the pair. Upcoming U.S. economic data and...

Markets have pared Fed rate cut pricing overt the past month Higher US interest rates has fuelled USD strength, including against EUR EUR/USD finds buying at key technical level Overview Everyone...

EUR/JPY, GBP/JPY Key Points Markets have already priced in the current projected path of interest rates from the ECB, BOE, and BOJ, so the main market driver moving forward will be how those...