Forex Opinion & Analysis

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...

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...

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...

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...

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...