Forex Opinion & Analysis

The reversal of the Bank of Japan's monetary policy tightening at the beginning of March not only failed to reverse, but also added to the Yen's weakening trend. The systematic pressure on the...

Bearish:  Currently we are at 1.2618 in a channel  in a range.  We are looking to continue to the ATR target @ 1.2560  with a further 1.618 Fibo target @ 1.2542  area. ...

The Japanese yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 151.17, down 0.26%.Yen Falls to 34-year Low, Will Tokyo Intervene?The Bank of Japan raised interest rates...

The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...

USD/JPY trades higher again, testing the October 21, 2022 highLast week's events have renewed the bullish pressure as intervention risk increasesMomentum indicators support the bullish move;...

The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI)...

Swiss Central Bank surprised markets by cutting interest rates last week. Meanwhile, the Fed did not indicate when it may start cutting rates. Amid, these moves by the central banks, the USD/CHF pair...

US dollar strengthens amidst positive economic data, eyes critical resistance levels Federal Reserve's rate cut expectations challenge dollar's rally Japanese yen faces pressure as USD/JPY approaches...

The Canadian dollar has extended its losses on Friday. USD/CAD is trading at 1.3569 in the North American session, up 0.29%.Canada’s Retail Sales Slip in JanuaryCanada’s retail sales fell...

Dollar recovers after Fed selloff, turns to PCE inflationYen falls despite rate increase, testing three-decade lows Quarter-end flows could disturb the waters in a quiet weekDollar stages recovery...

The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.2600, down 0.45%. Earlier, the pound fell as low as 1.2584, its lowest level since March 20.UK...