Forex Opinion & Analysis

The PCE data met expectations on Friday, with Powell's remarks having minimal impact on market sentiment heading into the new week. Speculation surrounding a potential Fed interest rate cut in June...

The British Pound has spent the past week in a tight 500 pip range but has mostly traded around the 1.2620 level. Attempts by the bears to send the GBPUSD into a downtrend like the EURUSD have so far...

Nonfarm payrolls report and European flash CPI to shape rate cut betsISM PMIs to also be important for Fed expectations and US dollarCanadian employment and Chinese PMIs also on the agendaFed hawks...

USDCAD pauses bearish correction near support areaTechnical signals are weak amid holiday-thinned liquidity conditionsAll eyes turn to the US core PCE inflation due at 12:30 GMTUSDCAD was trading with...

The Canadian dollar is slightly higher on Thursday. USD/CAD is trading at 1.3537 in the North American session, down 0.23%.Canada’s GDP rebounds with 0.6% gain Canada’s GDP bounced back...

Following SNB being the first one to cut rates, the CHF has experienced a strong decline across the board in the last week or so. This environment has contributed to the USD/CHF pair breaking a...

The Australian dollar is down sharply and has fallen to a three-week low. In the European session, AUD/USD is trading at 0.6491, down 0.66%.Australia’s Retail Sales Rise 0.3%Australia’s...

The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for...

Bearish:  Currently we are at 1.2618 in a channel  in a range.  We are looking to continue to the ATR target @ 1.2560  with a further 1.618 Fibo target @ 1.2542  area. ...

The Japanese yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 151.17, down 0.26%.Yen Falls to 34-year Low, Will Tokyo Intervene?The Bank of Japan raised interest rates...

The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...

USD/JPY trades higher again, testing the October 21, 2022 highLast week's events have renewed the bullish pressure as intervention risk increasesMomentum indicators support the bullish move;...

The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI)...

The Japanese yen continues to have a quiet week. In the North American session, USD/JPY is trading at 151.36, down 0.03%.BoJ core inflation eases to 2.3%Bank of Japan core inflation fell to 2.3% in...