Forex Opinion & Analysis

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...

Current Dynamics The XAU/USD pair shows moderate growth during the Asian session, testing the 2520.00 level. This movement comes as investors await U.S. inflation data, which could influence the...

EUR/USD is higher again today Momentum indicators confirm an upside recovery EUR/USD found some grounding around the 1.1015 support level before returning to the upside. The price failed to...

It’s going to be an important week, with the focus on the U.S. CPI inflation data, which could provide more clues on whether the Fed will go for 25 or even 50 basis point cut. Keep in mind that...

UK labor data beats expectations, with regular pay rising by 5.1% and employment increasing by 265k. BoE faces challenges in balancing strong employment figures with moderating wage growth and rate...

USD/JPY struggles near 142 after weaker-than-expected economic data from Japan. The downtrend in GDP and inflation data raises doubts about further BoJ rate hikes. Watch for a potential decline to...

The US Dollar Index (DXY) has seen a stark turnaround since the jobs data release on Friday. The immediate aftermath left the US Dollar reeling as the DXY looked set to print fresh lows. However, as...

After an initial decline, the US Dollar began to rally on the back of US employment data that dampened expectations of a 50-basis point rate cut by the Fed in September.The US employment data, which...

The dollar kicked off the week on a positive note despite labor data coming in soft last week. Traders now look to Wednesday’s CPI report for clues on the Fed’s next rate move. Technical levels...

The Japanese yen has posted strong gains on Friday. In the European session, USD/JPY is trading at 142.76 at the time of writing, down 0.47% on the day. The yen is on a tear and is up 2.3% against...

The Canadian dollar is drifting on Friday. In the European session, USD/CAD is trading at 1.3496 at the time of writing, down 0.05%. We could see some volatility from the Canadian dollar later today,...

Recent lacklustre key US economic growth-related data; ISM Manufacturing PMI & ADP Employment Change reinforced the recent bout of JPY strength. Bearish elements in the JPY crosses Index suggest...

USD/CAD trims September’s uptick to trade near key trendline Technical signals are mixed; a break below 1.3480 could shift the bias to the downside US & Canadian employment figures due at 12:30...

EUR/USD traders are eyeing crucial U.S. economic data due tomorrow. The pair found support around 1.105 this week after hitting a yearly high in August. A break above a key resistance could push the...