Forex Opinion & Analysis

The British pound continues to have a quiet week in which it has stayed close to the 1.27 line. GBP/USD is trading at 1.2715, up 0.13% at the time of writing in the European session.UK Retail Sales...

The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some...

The AUD/USD pair has fallen rapidly in the final week, reaching 0.6592. This decline is primarily driven by the US dollar's robust performance, following stronger-than-expected US economic data....

The Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% on the day at the time of writing.Japan’s PMIs for April were a mixed bag and the yen didn’t show...

USD/JPY bearish:  Currently we are at 156.64 in a range.  We are looking to continue to the ATR target @ 155.70. WE have divergence in play for the short. Watch the USDX for direction. The...

The New Zealand dollar is in positive territory on Thursday. NZD/USD is up 0.38%, trading at 0.6120 in the European session at the time of writing. The New Zealand dollar showed some strength after...

Inflation in the UK exceeded forecasts, making traders and investors cautious about the prospects for policy easing in the coming months.Consumer prices rose by 0.3% m/m vs. 0.2% expected. Annual...

The British pound edged higher earlier today but has pared most of those gains. GBP/USD is trading at 1.2703, up 0.06% early in the North American session.UK Inflation Declines Less Than ExpectedUK...

The NZD/USD pair is preparing for a mid-week rally, approaching the 0.6116 level. These current values mark the highest point for the Kiwi in two months, following the Reserve Bank of New Zealand's...

Market pricing has tipped in favour of ‘no rate cut’ at the upcoming Bank of England (BoE) meeting in June after UK CPI came in higher than expected this morning. Markets were assigning a...

Kiwi showed a robust continuation candle last week on the daily chart. The price recovered above the 0.6085 resistance level and finished the week above the 0.61 area, suggesting a potential...

US dollar finds mild support from hawkish Fedspeak for now Global PMIs and Core PCE among major macro highlights still to come in May EUR/USD technical analysis points higher The US dollar has been...

Wednesday is going to be an important day for UK assets. The latest round of inflation data will be released at 7 am BST and investors are likely going to be paying close attention. The data is...

The Bank of England maintained interest rates, with a 7-2 vote suggesting possible rate cuts as early as this summer. Upcoming UK inflation data is crucial, potentially increasing currency pair...