Forex Opinion & Analysis

Political turmoil in Japan is not conducive to further interest rate hikes, weighing on the yen. Meanwhile, US labor market remains strong, and Fed may be mulling a smaller hike. With this backdrop,...

GBP/USD stops near 1.3100 Momentum oscillators suggest upside recovery GBP/USD is pausing its downward wave that started from the two-and-a-half-year high of 1.3433, hovering near the 50-day simple...

The Australian dollar has started the week in negative territory. In the North American session, AUD/USD is trading at 0.6760, down 0.40%. The Australian dollar is down 2.2% in the month of...

The yen has stabilized after massive losses last week. In the North American session, the USD/JPY is trading at 148.03 at the time of writing, up 0.45%. Ishiba’s U-turn sends yen reeling The yen is...

This week could be very interesting, especially after last week’s volatility in the currency markets. The US dollar saw strong gains following speculation and comments from the Fed indicating they...

Last week came across as a game-changer for USD/JPY directional risks US interest rate outlook remains key to USD/JPY movements Fedspeak, Treasury auctions, US CPI key event risks ahead USD/JPY...

The British pound continues to lose ground on Monday after a dismal week. In the European session, GBP/USD is trading at 1.3063, down 0.48% on the day and its lowest level since October 12. The pound...

Strong jobs data and geopolitical tensions boost the Dollar Index ahead of key inflation reports. Shifting Fed rate cut expectations position the greenback at a crucial resistance level. Ahead of...

Strong US data dent chances of a 50bps Fed rate cut Plethora of Fed speakers on the wires today Dollar enjoys strong gains, stocks rally unexpectedly Oil pushes higher as gold’s retreat...

EUR/USD posts 6 red sessions Price plunges below 1.1000 Stochastics indicates upside recovery But RSI keeps falling EUR/USD plummeted more than 2% after the pullback from the double top around...

The recent week of Japanese yen weakness is likely driven by “political jawboning” The current jump in the JPY implied volatility index has reached an overstretched condition that suggests a...

USD/CAD returns above 20-day EMA and familiar constraining line Technical signals cannot warrant a meaningful rally September’s US nonfarm payrolls due at 12:30 GMT USD/CAD continued its upward...

The EUR/USD pair has descended to 1.1027, marking its lowest point in three weeks. The drop reflects market anticipation that the European Central Bank (ECB) will continue to ease monetary policy...

The euro (EUR/USD) declined by 0.13% against the US dollar (USD) on Thursday as the US Jobless Claims report indicated a still healthy labour market and the ISM Manufacturing Purchasing Managers'...