Forex Opinion & Analysis

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...

GBP/USD hovers within critical zone Stochastics and RSI lose momentum GBP/USD has lost its positive momentum after the pullback on the almost two-and-a-half-year high of 1.3265, trading within the...

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...

EUR/CHF has continued to exhibit a high direct correlation with France CAC and Germany DAX. China’s core inflation and producer prices for August have indicated a persistent trend of lackluster...

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 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...

The EUR/USD pair remained stable around 1.1077 on Thursday morning, following steady growth in the previous session but still confined within a sideways channel. Investors are holding back and...

USD/CHF trims latest rebound, holds bearish trend ahead of US data Short-term bias skewed to the downside; bears wait for a move below 0.8435 USD/CHF has been stuck in a downward trend since...