Forex Opinion & Analysis

The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97.The currency pair is now again close to the levels when the Bank of Japan and the country's authorities...

The euro has edged lower on Friday. EUR/USD is trading at 1.0687 in the European session, down 0.14% on the day. Is the Eurozone Economy Slowing Down? The week ended on a sour note in Europe as June...

The Swiss National Bank cut its key rate by 0.25 percentage points to 1.25%. The decision surprised markets, which, on average, expected no change after a similar move in March. The SNB also issued a...

USD/CHF rises rapidly after SNB lowers interest rates to 1.25% Oversold signals favor the bulls; more upside needed for a positive outlook USD/CHF turned swiftly up to test its 200-day simple...

Bearish:  Forex Strategies: Currently we are at 200.94 in the top of a range.  WE have a possible rising wedge and if we continue through here we will target the ATR Target @ 199.50/  If this is a...

CAD While a US holiday took the focus off North America yesterday, USDCAD still weakened at the margin, falling by just shy of 0.1%. Most significantly though, the loonie’s fractional move higher was...

PBOC Governor Pan spoke overnight and confirmed that they are still looking to continue their accommodative stance, albeit with no big changes likely. One thing they did touch on was that they are...

Current DynamicsAfter a significant drop last week, the GBP/USD pair is correcting upwards, settling at the 1.2716 level. This is due to the slowdown in the growth of the US dollar and positive...

The New Zealand dollar is steady on Tuesday. NZD/USD is trading at 0.6138, down 0.10% in the European session at the time of writing. US markets are closed for a holiday. New Zealand will release...

CAD The Canadian dollar has been stuck in a wedge this week, pushed moderately higher by a strong equity backdrop but capped by dovish BoC expectations. We suspect the latter dynamic will prove the...

The NZD/USD pair declined to 0.6135 on Wednesday, despite the New Zealand dollar performing much better in the previous session. It rose in response to the fall of the US dollar, which was triggered...

Warning! It may not happen but you need to beware of potential Japanese Yen Intervention risk on June 19. Here's why: 1. Juneteeth US holiday 2. USD/JPY takes out 158 3. Weaker US data and lower US...

US retail sales rose 0.1% in value for May, worse than the 0.3% rise expected after a 0.2% decline a month earlier. Total sales were 2.5% higher than a year earlier, lagging the 3.3% inflation over...

The Current DynamicsThe XAU/USD pair continues to trade above the 2300.0 level, supported by various factors, with the rhetoric of the US Federal Reserve (Fed) members being a significant...