Forex Opinion & Analysis

The USD/JPY pair experienced a significant drop to 159.06, driven by sharp declines following the release of unexpectedly low US inflation figures and potential interventions from Japanese...

The New Zealand dollar has posted strong gains on Thursday. NZD/USD is trading at 0.6102 in the North American session, up 0.34% on the day at the time of writing. Earlier, NZD/USD rose as much as...

Note: CPI was negative today! Bearish: GBP/AUD is at 1.9041 in a range. If we can break the slope support, we are looking for a continuation to the ATR Target of 1.8982. There is a 0.618 Fibo at...

The British pound has extended its gains on Thursday. GBP/USD is trading at 1.2876 in the European session, up 0.22% on the day. UK GDP Beats Expectations The sun is shining in London today and...

USD/CAD has been range-bound, reflecting US Dollar Index consolidation and potential rate differential between Canada and the US. Canada’s volatile inflation and struggling labor market increase...

There is positive news for the Pound beyond the fact that England will play in the Euro-24 final. The monthly estimate showed that the economy grew by 0.4% in May (twice as much as expected) and that...

Anticipation is high for the release of US CPI data, which is expected to influence market movements, especially the US Dollar Index (DXY). The market has priced in a 71.8% chance of a September...

AUD/USD breaks decisively above sideways pattern The price jumps to its highest since January 2024 Oscillators are flagging overbought conditions Australian dollar had been trading sideways...

Markets are a bit slow and are not moving much despite Powell's testimony yesterday and today. So far, Powell hasn't brought anything new. He mentioned that they need more confidence before lowering...

Ahead of Thursday’s release of US CPI, the US dollar has been in a holding pattern so far this week after dropping last week following the publication of mostly weaker US data. The weaker dollar last...

The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6081 in the European session, down 0.72% on the day at the time of writing. RBNZ’s Dovish Tone Raises Rate Cut...

The Reserve Bank of New Zealand kept its benchmark interest rate at 5.5% for the eighth consecutive meeting, which was in line with analyst expectations. However, the central bank's comments were...

Current Dynamics The XAU/USD pair is trading above the 2300.0 level, supported by strong demand from global central banks and trading platforms. Officials at the U.S. Federal Reserve do not plan to...

The New Zealand dollar is steady on Tuesday. NZD/USD is trading at 0.6115, down 0.16% in the European session at the time of writing. The New Zealand dollar looked sharp last week against the...