Forex Opinion & Analysis

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...

Currently, the S&P 500, the main index of the U.S. economy, is in correction around the 5337.0 level. With the end of the corporate earnings season, the index's performance now heavily depends on...

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...

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...

USDCAD pivots gently higher but still constrained between trendlinesA decisive bounce above 1.3745 needed for fresh buyingCanadian CPI scheduled for release at 12:30 GMT; Fed speakers on the...

The EUR/USD pair is gently declining towards 1.0858 on Tuesday but remains within a medium-term range. This week sees few significant US statistics releases, which could provide investors with...

The EUR/USD is in a longer-term symmetrical triangle pattern which has key resistance at the 1.1000 level and support down at 1.0630.Near term, the 1.0898 level is capping the rally, and if broken...