Forex Opinion & Analysis

UK GDP contracts by 0.2% US inflation ticks lower Fed makes rate announcement later on Wednesday The British pound is in negative territory on Wednesday. In the European session, GBP/USD is trading at...

USDJPY in the green today ahead of this week’s key eventsIt is now hovering below a key support areaMomentum indicators confirm the weakening bearish pressureUSDJPY is trying to record a green...

A series of macro statistics continue to be published to help build a picture of the economy ahead of the Bank of England's final decision on Thursday. The economy is reported to have lost 0.3% for...

The Fed decision is set to test market expectations of 125 basis point rate cuts in 2024, producing potential trading opportunities on GBP/USD or USD/JPY. The rate decision is a formality but the Fed...

It is now a very consensus view that the Fed will push back against rate cut expectations. We expect the Dot Plots will show only 50bp of cuts in 2024. Still, markets may feel less comfortable about...

Bullish:  We are currently @ 1.2582 after breaking slope resistance in a range. We are looking for a continuation to the ATR target @ 1.2628 with the further target  the 0.382 Fibo @...

GBPUSD corrects lower after advance pausesBut seems to be finding traction in the last couple of sessionsOscillators lose ground but remain in their positive zonesGBPUSD had been forming a...

UK wage growth eases to 7.3%, lower than expected US inflation expected to fall to 3.0% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2551, down 0.04%.UK...

The US dollar bounced back, ending a three-week decline, thanks to strong employment data and interest rate projections. Key economic indicators and central bank meetings, including the Fed, ECB, and...

UK to release employment report on Tuesday US nonfarm employment payrolls beats forecast and rise to 199,000 The British pound is showing little movement at the start of the week. In Monday’s...

Japanese yen’s slide continues Markets walk back expectations of a change at BoJ December meeting US nonfarm payrolls rise to 199,000, better than expected The Japanese yen has started the week...

Fed, ECB, BoE and SNB hold their final policy decisions of the yearWill they push back on rate cut expectations?US CPI and flash PMIs will be crucial tooFed to hold rates but will it signal big...

Australian dollar steady after sharp gains on Thursday US nonfarm payrolls expected to climb to 180,000 The Australian dollar is trading quietly on Friday. In the European session, AUD/USD is trading...