Forex Opinion & Analysis

ECB faces a communication challenge in first meeting of the yearTiming of rate cut likely to dominate discussion, but hawks to resistMixed messages unhelpful to euro ahead of the decision on Thursday...

Bearish:  We are currently @ 1.2712 after taking out slope support.  If we can break through the support here, we are looking for a continuation to the 0.500 Fibo @ 1.2665  with the...

The dollar is softer and pro-cyclical currencies are following the yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market. The BoJ revised inflation expectations...

ECB convenes this week, expected to maintain the status quo. Likelihood of US interest rate cuts in March diminishes. Bearish outlook targets 1.08 next for EUR/USD. ...

The euro is showing little movement on Monday. In the North American session, EUR/USD is trading at 1.0890, down 0.07%.Will ECB Pause Again?The European Common Bank meets on Thursday for the first...

US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...

Bank of Japan to make announcement on Tuesday The Japanese yen is in a holding pattern on Monday as the Bank of Japan holds a two-day meeting today and Tuesday. In the European session, EUR/USD is...

Japan’s Core CPI eases to 2.3% The Japanese yen has recovered after losing ground earlier in the day. USD/JPY rose as high as 148.80, its highest level in three weeks. The yen has rebounded and...

Japanese yen loses ground ahead of BoJ decision on TuesdayECB meets on Thursday, will it push back against rate cut bets?Bank of Canada decides too, while the US releases GDP stats BoJ unlikely to...

OANDA Senior Market Analyst Craig Erlam gives his analysis of EUR/GBP after the disappointing retail sales release from the UK. Original Post

A poor December for UK retailers Is weaker demand a good thing for the BoE? GBP/JPY eases off eight-year highs UK retail sales fell sharply in December as consumers tightened their pursestrings during...