Forex Opinion & Analysis

EUR/USD traders eye critical resistance at 1.06, with central bank decisions looming. A deeper ECB rate cut could trigger a sharp decline, testing this year's lows near 1.0350. Watch for surprises...

We should see little action before a busier second half of the week in the US and eurozone. If anything, the dollar should see some support ahead of tomorrow’s inflation numbers. Inflation numbers in...

GBP/USD remains in negative area But holds beyond the downtrend line RSI and MACD give some optimistic views GBP/USD is experiencing a new bullish attempt to remain above the short-term descending...

The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is largely attributed to ongoing uncertainty regarding the timing of the next interest rate...

RBA signals growing confidence in achieving inflation target Traders boost odds of a 25bps rate cut in February to two-in-three chance AUD/USD drops sharply, testing key uptrend support below...

The AUD/USD continues to takes traders on a roller-coaster. AUD/USD has surged 0.85% on Monday, recovering most of the 1% decline on Friday. In the European session, the Australian dollar is trading...

All eyes are on this week's CPI report, which could reshape the dollar's trajectory. Geopolitical uncertainty and global central bank moves add to the greenback's challenges. Key technical levels...

"Little reason to leave the US dollar now" After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a...

The USD/CAD is showing small gains on Friday. In the European session, USD/CAD is trading at 1.4041, up 0.12% at the time of writing. Canada’s Job Growth Expected to Climb Canada releases job growth...

The EUR/USD is steady on Friday after jumping 0.7% a day earlier. In the European session, EUR/USD is trading at 1.0581, down 0.06% at the time of writing. The eurozone wraps up the week with the GDP...

USD/CAD stays on the sidelines ahead of November’s jobs data. Bearish pressures likely but sellers need a close below 1.4000. USD/CAD is holding a neutral-to-bearish bias USD/CAD is currently...

Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve...

The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a...

The USD/JPY edged lower on Thursday. In the European session, USD/JPY is trading at 150.36, down 0.17% on the day. On the data calendar, Japan releases household spending and average cash earnings...