Forex Opinion & Analysis

10-year US yields are falling impulsively after the NFP (US jobs data) disappointment, which brought recession fears again, but at the same time, there's now more pressure on the FED to start cutting...

Unemployment rate fell to 4.2%, with a decrease in both short-term and long-term unemployment. UK wage growth slowed to its lowest level in two years, yet surpassed market expectations. Despite...

GBP/USD is stabilizing ahead of key US and UK inflation data this week. Strong US inflation could shift rate cut expectations, while UK data may influence the Bank of England’s decisions. The pair...

The AUDJPY hit major resistance and rejected it today. The high today was 97.84, and the 38% retracement of the move lower since the July high to August lows is at 97.55.   Also, the underside of the...

Currently, GBP/JPY is at 188.47 in a channel.  We are looking for a continuation up to the 1.000 Fibo at 189.97 and then the ATR target at 190.92. Watch the USDX for direction, as it could negate all...

The US dollar has been attempting to stage a recovery. But, the greenback remains in a broader downtrend. Retail sales, CPI data could ignite a move in the US dollar index. For less than $8 a month,...

The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday. The financial markets are gearing up for Wednesday’s Reserve Bank of New Zealand...

USD/CAD experiences worst week of the year Selling pressure might persist; eyes on 1.3730 Canadian employment figures due at 12:30 GMT Since reaching a 22-month high of 1.3945, USD/CAD has been...

The EUR/USD pair has found some stability at around 1.0921 this Friday, following a week marked by high volatility. Market participants have been adjusting their positions in response to speculations...

USD/CAD found support ahead of the Canadian employment data release. Positive US jobless claims data boosted sentiment and USD. Bank of Canada hopes for moderation in the unemployment rate following...

GBP/USD Key Points Tuesday’s UK Construction PMI came in above expectations at 55.3, the highest reading in more than two years Time will tell whether traders are overly optimistic that the BOE will...

The British Pound has been under increased pressure over the past few weeks, facing serious resistance as it tries to break important long-term levels against the dollar and euro. GBP/USD exceeded...

The Australian dollar has had a busy week and is showing strong gains on Thursday. In the European session, AUD/USD is trading at 0.6550, up 0.50% at the time of writing. RBA’s Bullock Says Rate...

The Bank of Japan (BoJ) released their summary of opinions, accompanied by bearish comments from BoJ policymakers. Geopolitical concerns could bolster the Yen, but the safe haven appeal might be...