Forex Opinion & Analysis

The Japanese yen is hovering near 150 per dollar, retreating from last week's four-month highs of 151. The 150-152 area is hazardous for short-term traders, as this is the level from which the...

Dollar shines after inflation surprise, awaits latest Fed minutes In Europe, business surveys will be crucial for euro and sterlingCanadian and Australian data releases also on the agendaFired up...

UK retail sales rose by 3.4% in January, mainly recovering from the previous month's dip but showing very high volatility. Last month's miss led to talk of a looming recession despite a strong labour...

The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2578, down 0.17%.UK Retail Sales Rebound With 3.4% GainUK retail sales were more than impressive, surging...

The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...

The Australian dollar is showing limited movement on Thursday. In the European session, AUD/USD is trading at 0.6496, up 0.07%.Australian Job Growth FlatlinesAustralia’s employment report was...

UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBP/USD momentum fading near February lows? The UK fell into recession in the second half of last year after GDP figures for...

Aussie Rebounds, Employment Data LoomsThe Australian dollar is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6488, up 0.54%. The Australian currency slid...

The release of last October’s US inflation data was a real blockbuster for the markets, creating powerful one-way movements.Consumer prices rose 0.3% in January, while annual inflation slowed...

Bearish:  We are currently @ 150.57 in a rectangle pattern.  Two scenarios: Bullish:  a move to the upper day chart trend line @ 152.00 area).  2: Bearish: A break down here or the...

UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBP/JPY pares gains after hitting 8.5 year high UK inflation data this morning will have been a welcome surprise for the Bank of...

 ·         USD/JPY surpasses significant levels such as 150.00·         RSI and Stochastic...

Yesterday's strong US January CPI release clearly does not provide the Fed with the confidence it needs to start cutting rates. Instead of powering the next leg of the risk rally, the CPI data has...