Forex Opinion & Analysis

Core PCE price index to be crucial for markets amid sticky inflation fears Income and consumption to be watched too as US economy stays hotBut can further upside surprises boost the dollar on...

Bearish:  We are currently @ 150.59 in a range.  Lower highs suggest a move to the downside. IF we can break support here, we are looking to continue to the ATR target @ 149.90 with a...

The Dollar Index is giving up positions painfully slowly. It is under pressure for the ninth session in a row, but at the same time, the market is unable to accelerate or break this downtrend....

The US dollar index stabilized around 103.8 in the latter part of February, supported by strong January inflation data and the market's reluctance to anticipate interest rate cuts by the Federal...

Gold rebounds strongly from its 2024 lowChallenges 50-day SMA and ascending trendlineMomentum indicators turn neutral-to-positiveGold has been regaining ground in the past few sessions, following its...

We expect an above-consensus 0.4% core PCE read on Thursday, which should support the dollar this week. Eurozone inflation numbers will also be in focus. We expect a decline in the core rate below...

The New Zealand dollar has been on a roll but is in danger of snapping a seven-day rally during which it gained over 2% against the US dollar. NZD/USD is trading in the European session at 0.6185,...

Eurozone sees marginal improvement in surveys US services cool in February EUR/USD breaks through descending channel The PMI surveys have certainly made it an eventful day in the markets, albeit one...

Something important happened in the currency markets on Thursday. The initial and relatively sharp fall of 0.7% in the dollar index was reversed, and now, as trading begins in New York, we are seeing...

Bearish:  We are currently @ 2.0422 outside a well built channel.  Lower highs suggest a move back into the channel. IF we can break support here, we are looking to continue to the ATR...

Mixed PMI data from various Euro area countries led to a surge in volatility for European currency pairs on Thursday morning.Preliminary estimates for France surprised with their strength. The...

US dollar weakens as commodity currencies gain on positive risk sentiment and strong Nvidia earnings. European trading sees further dollar weakening despite initial gains, driven by disappointing...

EURUSD has its best week of the yearDownside risks remain around 1.0880EZ flash business PMIs show a mixed picture EURUSD is in the seventh day of gains, marking its longest bull run in a while...