Forex Opinion & Analysis

The impact of the Yen's fluctuations was evident in the country's latest external trade report. On a seasonally adjusted basis, January recorded the highest surplus in three years. The 235B...

The Australian dollar continues to climb and has put together a five-day winning streak. The Aussie rose as much as 0.36% earlier but has pared most of these gains and is currently trading at 0.6552...

Some unfamiliar strength in Chinese equity markets is providing a little strength to non-dollar currencies. And the FX options market hints that investors may not be that pessimistic on EUR/USD after...

USD/JPY trades sideways, hovering around the 150 levelIt remains close to its recent peak and it is comfortably above a key trendlineMomentum indicators are mixed, all eyes on the stochastic...

The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2650, up 0.43%.Is Bailey Turning Dovish?With little else on the calendar today, Bank of England Governor...

USDCHF gets rejected near familiar resistanceShort-term bias remains positive but probably too weakUSDCHF has been in the green almost every week since the plunge to a nine-year...

While it will likely be a relatively quieter week so far as macro data is concerned, North American markets re-open today after a long weekend, and with China also back this week, markets should turn...

The ingredients for more rangebound trading are all there, especially given an uninspiring US data calendar and no impact of Chinese news. However, the ECB’s negotiated wage growth indicator is...

The US dollar's 2024 uptrend, initially fueled by higher-than-expected CPI and PPI data, has hit a snag with the market revising down expectations for interest rate cuts. Despite initial optimism, the...

Canadian inflation expected to have fallen again in January Will the FOMC minutes shed any light on rate cuts? USD/CAD higher but momentum remains weak It’s no surprise that it’s been a...

The Japanese yen is hovering near 150 per dollar, retreating from last week's four-month highs of 151. The 150-152 area is hazardous for short-term traders, as this is the level from which the...

Dollar shines after inflation surprise, awaits latest Fed minutes In Europe, business surveys will be crucial for euro and sterlingCanadian and Australian data releases also on the agendaFired up...