Forex Opinion & Analysis

The FOMC day is finally here, and all the attention will turn to the Fed’s latest economic projections and Powell’s press conference.Major currency pairs like the EUR/USD, gold and indexes...

The British pound has extended its losses on Wednesday. In the European session, GBP/USD is trading at 1.2695, down 0.21%. The pound has been on a slide and is down about 1.2% since March 13. UK...

USDJPY storms to fresh 2024 high after BoJ’s rate hikeThe pair is within breathing distance from 33-year peakMomentum indicators point to overbought conditionsUSDJPY has been in a steady uptrend...

The Australian dollar is sharply lower on Tuesday. In the European session, AUD/USD is trading at 0.6507, down 0.80%. The Aussie is on a nasty slide and has declined by 1.7% since March 13.RBA Removes...

GBPUSD generates fresh 2024 peakBut declines sharply towards the 50-day SMAMomentum indicators weaken significantlGBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a...

Bearish:  We are currently @ 1.2735 in a channel  in a range.  We are continuing a third wave and looking to continue the channel to the ATR target @ 1.2680  with a further S4...

The Japanese yen is showing limited movement to start off the week. In the European session, USD/JPY is trading is almost unchanged at 149.07.Will the BoJ Raise Rates on Tuesday?The Bank of Japan will...

The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from Australia, the AUD's...

Fed meets on Wednesday with focus on new dot plotWill the Bank of Japan finally end negative rates on Tuesday?BoE and RBA to stick with patience, SNB might be in more of a rush to cutFlash PMIs plus...

The euro is steady on Friday, after sustaining sharp losses a day earlier due to the US inflation report. In the North American session, EUR/USD is trading at 1.0893, up 0.09%.ECB Members Signal Rate...

The New Zealand dollar continues to lose ground and has dropped more than 1% since Wednesday. In the European session, NZD/USD is trading at 0.6094, down 0.59%.NZ Manufacturing PMI Declines for 12th...

The USD/JPY pair is rising, reaching 148.28 on Friday. The US dollar is strengthening across the market following the release of US retail sales data.This information is prompting market participants...

The Japanese yen has extended its losses against the US dollar for a fourth straight day and is down 1.1% this week. In the European session, USD/JPY is trading at 148.70, up 0.28%.Japanese Unions Win...