Forex Opinion & Analysis

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...

Bullish:  Currently we are at 190.96 in a range.  IF we can break the 1.000 Fibo resistance here, we are looking to continue to the ATR target @ 191.62.    Watch the USDX for...

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...

The USD/CAD currency pair is currently encountering resistance around the 1.36 level. Buyers have been consistently testing this level in recent weeks, indicating potential upward pressure. A...

EURJPY retraces lower following a 16-year peakTests ascending trendline drawn from July 2023Oscillators suggest weakening momentumEURJPY had been in a steady advance since December 2023, peaking at a...

The Japanese yen is coming off a quiet week and is showing little movement on Monday. In the European session, USD/JPY is trading at 151.38, up 0.03%.Business Confidence Among Major Manufacturers...

The PCE data met expectations on Friday, with Powell's remarks having minimal impact on market sentiment heading into the new week. Speculation surrounding a potential Fed interest rate cut in June...

The British Pound has spent the past week in a tight 500 pip range but has mostly traded around the 1.2620 level. Attempts by the bears to send the GBPUSD into a downtrend like the EURUSD have so far...

Nonfarm payrolls report and European flash CPI to shape rate cut betsISM PMIs to also be important for Fed expectations and US dollarCanadian employment and Chinese PMIs also on the agendaFed hawks...