Forex Opinion & Analysis

The US economy created 206k new jobs in June, slightly better than average expectations. However, May's gain was downgraded from 272k to 206k, and April's from 165k to 108k. The combined 123k...

The UK national election on Thursday propelled the Labour Party to a sweeping victory, and Labour leader Keir Starmer will become the next Prime Minister. In the six-week election campaign, Labour...

French parties race to block Le Pen’s RN Powell testifies before Senate Banking Committee US CPI data to shake Fed rate cut bets RBNZ to leave OCR untouched, focus on language Euro Traders Keep...

2024 has every chance of being the biggest election year, with well over half of the world's population going to the polls. The next chapter in this saga is today, with the announcement of the...

French Election: Will the Far-Right Win a Majority? French voters will head to the polls on Sunday, July 7, for round two of the parliamentary elections. In the first round, Mary Le Pen’s...

As expected, the Polish MPC has left interest rates unchanged. The message coming from the MPC is increasingly hawkish. Polish zloty is back on the path of strengthening against the US dollar and...

The Japanese yen has rebounded on Thursday and is trading at 161.01, down 0.43% on the day. The yen has been on a slide over the past four weeks and has declined by 3.9% during that time. On...

Will the July nonfarm payrolls report disappoint, sending the US dollar lower? Let's take a look at what the signal is from the other labor market indicators are telling us

The NZD/USD pair has extended its upward movement into a third session, reaching 0.6106 amid growing weaknesses in the US dollar. Negative shifts in US economic indicators, particularly June's...

Note: ADP and JOLTS Job Openings today. Currently, the USD/JPY pair is trading at 161.90 in a rising wedge (bearish). If we can break the wedge, we are looking for a continuation to the ATR Target at...

The Australian dollar is drifting on Wednesday. AUD is trading at 0.6674 in the European session, up 0.11% on the day. Australian Retail Sales Climb 0.6% Australian consumers have been counting their...

Yesterday, XAU/USD declined by 0.1% as Jerome Powell didn't provide investors with specifics about the timing of the interest rate cuts. The Gold market has been moving in a narrow range of...

AUD/USD has climbed to 0.6676, yet remains in a "sideways" pattern, indicating a lack of clear directional momentum in the market. The AUD/USD appreciation is linked to a softening in the US dollar's...

USD/JPY continues its ascending move Technical oscillators still ticking up USD/JPY is creating higher highs, unlocking a fresh 38-year high of 161.92 earlier in the day. The rebound off 154.50 is...