Forex Opinion & Analysis

The Bank of Japan delivered a well-telegraphed 25bp hike, but surprised markets on the hawkish side by materially raising its inflation forecasts. We expect two more hikes this year which can pave...

GBP/JPY fails to extend gains Immediate resistance lines within SMAs Stochastic and RSI head south GBP/JPY is challenging the 193.00 psychological level after the significant rebound off the 189.30...

Forex Strategy is Bearish: We are currently @ 156.19 in a range. If we can break the support here, we are looking for a continuation to the ATR target @ 1.9574 area, with possible movement to the...

The Canadian dollar is showing limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar started the week with sharp gains of over...

The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day. BoJ Expected to Hike Rates All eyes are on the Bank of Japan, which meets...

This week's US dollar correction has not gone too far. Despite the heavy one-way positioning of the dollar, investors lack clarity on the timing of Trump’s tariff threats, preventing them from...

Forex Strategy is Bearish: We are currently @ 1.9654 in a range. If we can break the support here, we are looking for a continuation to the ATR target @ 1.9574 area, with possible movement to the...

EUR/USD has seen a recent rally driven by market reactions to the incoming Trump administration. A divergence exists between technical analysis, suggesting further upside potential, and fundamental...

The US dollar has been appreciating almost relentlessly since the end of September. In just three and a half months, the US Dollar Index (DXY), which measures the value of the greenback relative to a...

Markets have continued to unwind US Dollar longs as US Treasuries had another strong session, and a delay in tariff announcements is fuelling some tentative optimism. That said, we could start to see...

Domestic NZ inflation pressures ease, but remain elevated RBNZ likely to deliver a third jumbo rate cut on Feb 19 Kiwi acting as a proxy for US trade policy, especially towards China Inflation...

President Trump’s comments about potential tariffs on Canada and Mexico by February 1st caused increased market volatility and risk aversion. The US Dollar Index (DXY) experienced significant price...

The EUR/USD has encountered resistance at the descending channel’s trendline near 1.0425, following yesterday’s strong rebound. This channel has defined the pair’s downward trajectory since last...

The narrowing interest rate differentials between Japan and the rest of the world have been a key theme in the improving Japanese yen forecast in the last couple of weeks. The main USD/JPY pair...