Forex Opinion & Analysis

Early April saw the EUR/USD pair breach a resistance zone near 1.07, initiating an upward trend. Despite robust US labor market data last Friday, bullish momentum persisted, driving the local uptrend...

The Japanese yen is experiencing a notable decline against the US dollar, with the USD/JPY pair currently hovering around 151.88 on Tuesday. Despite the US dollar's instability, driven primarily by...

Is the Commitment of Traders COT report showing Japanese Yen Shorts at highest since 2007 Signaling USD/JPY Reversal?Here's why its prime time for Japanese intervention with COT positioning at...

The Australian dollar has pushed higher on Monday. In the North American session, AUD/USD is trading at 0.6600, up 0.35%.Australia’s Westpac consumer confidence is expected to rebound in April...

US CPI inflation expected to have ticked up in MarchBut markets may shrug it off if core figure inches lowerData due at 13:30 GMT, Wednesday, will be followed by FOMC minutes at 18:00 GMTWill CPI...

After last week's upbeat employment data, attention now shifts to upcoming US inflation figures. The recent surge in the US dollar halted following mixed PMI data, hinting at potential volatility...

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...

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 EUR/USD pair moved upward to 1.0844 on Thursday, marking an unexpected shift following a period of strong US dollar performance. This change in dynamics can be attributed to investors' positive...

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...