Forex Opinion & Analysis

The Japanese yen showed a bit of strength earlier but has pared these gains. In the European session, USD/JPY is trading at 15141, up 0.04%All Eyes on US Nonfarm PayrollsThe markets are bracing for a...

The Canadian dollar is slightly lower on Friday. In the European session, USD/CAD is trading at 1.3559, up 0.12%.Canada and the US will both release employment data later today, which could mean some...

After three days of significant gains, the Australian dollar is retreating against its American counterpart, with the AUD/USD pair falling to 0.6573.   The US dollar has rebounded after Federal...

GBP/JPY is in the red again today, not far from its recent highIt has dropped below the January 2, 2024 ascending trendlineMomentum indicators are in waiting mode for the next key market eventsGBP/JPY...

Weak Swiss inflation renewed the downward momentum of the franc, which is losing over 0.5% against the euro, sending EURCHF to highs last seen in May 2023.The Swiss Consumer Price Index was virtually...

The Swiss franc is lower on Thursday. Early in the North American session, USD/CHF is trading at 0.9050, up 0.24%. It has been a bumpy year for the Swiss franc, which is down 7.7% against the US...

The euro is on a bit of a roll and has pushed slightly higher on Thursday. In the European session, EUR/USD is trading at 1.0857, up 0.19%. The euro is up for a third straight day and has climbed 0.8%...

Investors have second thoughts about a Fed rate cut in JuneDollar benefits from latest market repricingSpotlight turns to the NFP data on Friday at 12:30 GMTData and Fed rhetoric weigh on Fed rate cut...

The euro is showing little movement on Wednesday. In the European session, EUR/USD is trading at 1.0777, up 0.05%.Eurozone Inflation Ticks LowerInflation in the eurozone continues to decline. March...

NZDUSD declines sharply within descending channelDrops below both 50- and 200-day SMAs to a 4-month lowOscillators remain deep in their negative territoriesNZDUSD has been in an aggressive downtrend...

The slowdown in German inflation is fuelling hopes that the ECB will ease policy in the coming months. German CPI rose 0.4% m/m, weaker than the 0.5% expected. Annual inflation slowed from 2.5% in...

The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector's activity on Monday. This improvement, the first...

The British pound is steady on Tuesday after starting the week with losses. In the European session, GBP/USD is trading at 1.2563, up 0.09%. On Monday, the pound fell 0.57% and dropped as low as...