Forex Opinion & Analysis

The US Fed's signal of potential rate cuts next year weakened the US dollar, which closed the week in the 102 band. Despite the dollar's decline, expectations for a rate cut in March, currently at...

German business confidence weaker than expected The euro has started the week in positive territory on Monday. In the European session, EUR/USD is trading at 1.0914, up 0.18%. It was a week of sharp...

The dollar is recovering some ground after the pushback from Fed officials against rate-cut bets. However, the dovish Dot Plot may work as an anchor for rates and keep the dollar soft into the end of...

Firstly, the EUR/USD turned up in November, it recovered with a sharp reaction higher up to 1.1 resistance where pair slowed down and made some nice pullback but a sharp one. Well, after a somehow...

UK Services PMI accelerates, Manufacturing PMI declines Bailey’s dampens rate cut expectations The British pound is steady on Friday, after posting gains of 1.1% a day earlier. In the European...

AUDUSD marks new higher high, breaks key resistance areaShort-term bias positive, but 0.6715 zone adds some pressureAUDUSD experienced a spectacular rally after a dovish FOMC policy meeting earlier...

China industrial production and retail sales accelerate Australian dollar extends gains The Australian dollar has extended its gains on Friday. In the European session, AUD/USD is trading at 0.6713,...

As the dust settles after a furious period for central bank meetings we are left to conclude that European policymakers have chosen to push back more than the Fed when it comes to what the market...

Bullish:  We are currently @ 95.11 in a pennant,  in a range. IF we can breakout, we are looking for a continuation to the ATR target @ 95.77with the further target  the 1.270 Fibo @...

ECB expected to hold rates Fed’s Powell signals rate cuts in 2024 The euro has extended its gains in Thursday trading. In the European session, EUR/USD is trading at 1.0925, up 0.45%. It has...

EURUSD reclaims 200-day SMA following dovish Fed signalsECB meeting later today could spur some volatilityMomentum indicators are skewed to the positive sideEURUSD had been experiencing a...

Bank of England expected to pause Federal Reserve projects three rate cuts in 2024 The British pound continues to move higher on Thursday. In the European session, GBP/USD is trading at 1.2648, up...

In a somewhat surprising move, the Fed has acknowledged recent disinflation trends and poured gasoline on the fire of easing expectations for 2024. The news has understandably been greeted by global...

UK economy shrinks 0.3% in October Markets price in three rate cuts from the BoE next year EUR/GBP spikes ahead of BoE and ECB announcements tomorrow The UK economy got the fourth quarter off to a bad...