Forex Opinion & Analysis

The New Zealand dollar has extended its gains on Wednesday and is higher for a third straight day. In the North American session, NZD/USD is trading at 0.6074, up 0.24%.RBNZ Holds Rates, Says Economy...

The Australian dollar is in positive territory on Tuesday. In the European session, AUD/USD is trading at 0.6620, up 0.25%.Consumer Confidence SagsAustralian consumers have been pessimistic about the...

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 151.88, up 0.02%.It’s as light data calendar today. Japan’s average cash earnings rose 1.8% y/y in...

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...

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...

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...

Gold's price soared to a new record high on Monday, stabilising around 2344.00 USD per troy ounce. A confluence of factors is currently bolstering the precious metal's value.Geopolitical tensions in...

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...