Forex Opinion & Analysis

The euro has started the trading week with considerable losses. EUR/USD is trading at 1.1103 in the European session at the time of writing, down 0.50% on the day. Later today, we’ll get a look at US...

USD/TRY - Technical Analysis The USD/TRY pair closed at 34.078 on the FXCM platform last Friday (CBRT reference rate: 33.9531 - 34.0142) and is trading around 34.15 at the time of writing. After...

The dollar index shows early signs of recovery as traders anticipate pivotal economic data this week. Key speeches from Fed members could reshape market expectations amid ongoing geopolitical...

Will the chart and psychological support at 100 act as a reversal point for the US Dollar Index? Now, after the 50bp Fed cut, will it be “buy the rumor, sell the fact”? Cannot answer in advance but...

SNB is expected to ease for third time; might cut by 50bps RBA to hold rates but could turn less hawkish as CPI falls After inaugural Fed cut, attention turns to PCE inflation September flash...

The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. On the data calendar, Canada releases retail sales, while it’s...

USD/CHF trades sideways near 8-month low, below 20-SMA Short-term outlook is hazy, but optimism is still there Key resistance at 0.8522; support at 0.8330 USD/CHF has been in a tight range within...

The AUD/USD pair has climbed to a new peak, reaching 0.6815, marking the highest level since 28 December of the previous year. This strength in the Australian dollar is partly due to the aggressive...

The British pound has extended its gains on Thursday. In the European session, GBP/USD is trading at 1.3282, up 0.53% on the day. The pound has been on a tear against the US dollar and hit a...

EUR/USD breaks above 1.1150 as the dollar weakens following the Fed's first rate cut in over four years. Market expectations for further easing support the euro's upward momentum against the...

GBP/USD prints new high near 1.3300 after FOMC rate decision Technical signals remain bullish but clear close above 1.3200 is needed BoE expected to leave rates steady at 11:00 GMT GBP/USD remains...

The US dollar index was trading lower in the early European trade, giving back some of its gains from Tuesday. This meant that the EUR/USD was trading modestly higher. FX markets are now likely to...

By RoboForex Analytical Department The USD/JPY pair is currently stabilizing around 141.44 on Wednesday, following a brief strengthening of the US dollar which impacted the yen negatively the...

German business sentiment deteriorated sharply in September, according to ZEW data. The relevant index fell to 3.6, the lowest level since October 2023. The situation was even worse for the component...