Forex Opinion & Analysis

The British pound is steady on Wednesday after sharp losses a day earlier. In the European session, GBP/USD is trading at 1.2632, up 0.11%.UK Services PMI Expected to AccelerateUK Services PMI will be...

Euro slips to two-week low US ISM Manufacturing PMI expected to rise slightly FOMC minutes to be released later on Wednesday Germany, Eurozone to release CPI on Thursday The euro has steadied on...

The dollar jumped yesterday as investors started to return from the long Christmas break. Markets are unwinding some dovish bets, and questioning stretched equity valuations, ultimately favoring...

Trade ideas for Wednesday 3rd January 2024:Video Analysis:

·         USDJPY shows some progress ·         MACD and RSI turn up USDJPY started 2024 in a positive...

The EUR/USD bulls are selling out of longs, and the bears are establishing short positions. Today’s downside breakout is strong enough for a second leg down. The bears are hopeful that today...

China Caixin Manufacturing posts slight growth The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6826, up 0.22%. The week between Christmas...

Trade Ideas for Tuesday 2nd January 2024.Video Analysis:

Based on the long-term chart, I cannot write the USD off yet.Original Post

The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 141.75, up 0.27%.The US dollar has taken a tumble in recent weeks against most of the major currencies,...

Chicago PMI expected to decelerate China releases PMIs on Saturday The New Zealand dollar is in negative territory on Friday. In the European session, NZD/USD is trading at 0.6308, down 0.37%. The US...

Spanish CPI lower than expected at 3.1% Chicago PMI expected to decelerate to 51.0 The euro is calm in Friday trade. In the European session, EUR/USD is trading at 1.1053, down 0.08%.Spanish CPI Dips...

NFP report and Eurozone CPI will be the week’s focal point on FridayFOMC minutes and ISM PMIs will also be crucial for the US dollarCanadian employment and Chinese PMIs might attract attention...

Thursday: US unemployment claims rise unexpectedly. Friday: Spanish CPI projected to accelerate. The Euro has edged lower on Thursday. In the North American session, EUR/USD is trading at 1.1079, down...