Forex Opinion & Analysis

GBPUSD advances to its highest level since March 13 But the rally shows signs of being overstretched Momentum indicators approach overbought conditions GBPUSD has been in a steady recovery...

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ECB decision this week could affect euro pairs, with EUR/GBP in focus. EUR/GBP is at a critical support level, and the ECB's decision could trigger a rebound. Meanwhile, GBP/USD is on an upward...

The USD/JPY pair unexpectedly declined last night due to a weakening US dollar. Currently, it is hovering around 156.33.Japanese Finance Minister Shunichi Suzuki highlighted the government's recent...

The euro has posted slight losses on Monday. EUR/USD is trading at 1.0835 in the European session, down 0.11% on the day. Eurozone Manufacturing Close to Stabilizing The eurozone manufacturing sector...

Expectations for a Fed rate cut have strengthened somewhat. ECB is almost certain to cut interest rates this week and eyes will be on Lagarde. Meanwhile, the Japanese Finance Ministry report...

• EURUSD rebounds off 1.0800 and 200-day SMA• Trades within narrow range• MACD and RSI lack directionEURUSD is currently moving sideways within a two-week consolidation area with upper boundary the...

ECB set to slash rates on Thursday, focus on forward guidance But will the BoC take the lead when it meets on Wednesday? US jobs report eyed on Friday as Fed unyielding on cuts OPEC+ might extend...

The Canadian dollar is showing little movement on Friday, but that could change with the release of Canadian GDP and the US PCE Price index later today. USD/CAD is trading at 1.3660 in the European...

A further rise in the JGB yields may increase the cost of JPY-funded carry trade strategies The pace of the JGB yield upmove has increased significantly since March-end A lower-end offered amount of...

The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session. In...

USD/JPY in a recovery mode after pullback halts at 50-day SMA Momentum indicators are softening but remain in bullish zones USD/JPY experienced a strong setback from its 34-year high of 160.20...

The EUR/USD lost its earlier gains on Tuesday, before dropping slightly in the first half of Wednesday’s session following the release of a weaker-than-expect German CPI report. Meanwhile, the...

German inflation confirmed an acceleration. Harmonized CPI rose to 2.8% vs 2.4% a month earlier and 2.3% in March. This is positive news for the Euro, which is lagging behind the Pound and relatively...