Forex Opinion & Analysis

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...

By Mike Maharrey, Money Metals ExchangeCould arguably the world’s worst currency become its best? If Zimbabwe follows through and embraces a plan to back the Zimbabwe dollar with gold, it just...

The New Zealand dollar has declined after New Zealand inflation expectations decelerated in the fourth quarter. In the European session, NZD/USD is trading at 0.6114, down 0.25%. The New Zealand...

The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond.It is inflation...

EURJPY edges higher after 50-day SMA prevents declineJumps back within its bullish channel in place since JuneMomentum indicators turn positiveEURJPY had been sliding lower in the short term,...

UK wage growth key to BoE sustainably hitting inflation target GBP/JPY struggling near recent highs Divergence points to loss of momentum The coming days offer several important data points for the UK...

The British pound is showing limited movement at the start of the week. In Monday’s North American session, GBP/USD is unchanged at 1.2629.Bank of England Governor Andrew Bailey will speak at a...

Bearish:  We are currently @ 1.9341 in a channel in a range.  We are looking for a continuation to the ATR target @ 1.9280 with the further target  the 0.786 Fibo @ 1.9242 area. Watch...

Ahead of the inflation data tomorrow, the US dollar is trading sideways and hovering near three-month highs. The greenback is currently approaching a key resistance level and could break higher if CPI...

CPI reports in the US and the UK will be in focus this week. We see a greater risk for a lower-than-expected number in the US even though our estimates match consensus, while UK services inflation and...