Forex Opinion & Analysis

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...

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...

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...

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...