Forex Opinion & Analysis

Soft IFO and PMI data has traders worried about a slowdown in Europe. Meanwhile, weak Durable Goods Orders are offsetting a strong Q2 US GDP report. EUR/USD is trying to stage a bounce off the 38.2%...

The Japanese yen continues to gain ground against the US dollar. USD/JPY is trading at 153.68 early in the North American session, down 0.14% on the day. Earlier today, USD/JPY fell as low as 151.93...

GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise. Statistics released...

GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an...

The Turkish Lira has shown resilience against the US Dollar, trading near the 33 level. Factors such as the Central Bank of Turkey's tightening policy and Moody's credit rating upgrade have...

Gold Decreases by 0.51% Amid Mixed US PMI Figures The gold (XAU) price fell by 0.51% since the US Purchasing Managers' Indexes (PMI) reports showed mixed data. Yesterday, the S&P Global Flash US...

The Japanese Yen currency has been in a strong selloff for the past 12+ years. Today, we ask: Could the Yen finally be bottoming? As you can see on the long-term monthly chart of the Japanese Yen...

NZD/USD dives almost 4% from the July high of 0.6150 Price may rebound off 0.5875 20- and 200-day SMAs record a bearish cross Momentum oscillators indicate upside correction NZD/USD has been...

Last week, the dollar index regained some of its losses from the previous four weeks, but technically, it looks like short-term profit-taking by sellers before a new downward momentum. The US dollar...

The Japanese yen continues strengthening against the US dollar, with the USD/JPY pair decreasing to 156.31, marking a near 2% appreciation over the past two weeks. This uptrend initially stemmed from...

The Japanese yen has kept on strengthening after a possible currency intervention by BoJ. Ahead of the Bank of Japan's next meeting at the end of the month, the USD/JPY pair is in a downtrend. The...

GBP/USD eases but remains above the uptrend line Stochastics and RSI suggest more losses GBP/USD is retreating after a strong rally towards the one-year high of 1.3045. The technical oscillators...

How the weak Japanese Yen is changing how Japanese firms do business. Here are my on-the-ground reports from Japan

The recent inflation reports have brought some much needed relief for both policymakers and the markets, pointing to a resumption of the downward trend after several months of sideways movement. The...