Forex Opinion & Analysis

The EUR/USD formed an upside breakout following yesterday’s FOMC release. While the bulls hope the rally will continue and break far above the April high, the trading range will likely...

ECB will ensure that the policy rates will be brought to levels sufficiently restrictive ECB expects to discontinue the reinvestments under the APP as of July ECB slows rate-hiking pace to 25bps (as...

Bullish:  AUD/USD is currently at 0.6674 in a channel.   We are looking for a continuation to the ATR aim 0.6712 with a further aim of the 1.000 Fibo at 0.6750 area. Watch the USDX for direction. The...

The EUR/USD pair is holding to recent gains, but still limited by the 1.1100 psychological area. Is it near year-to-day highs and moving with a bullish tone ahead of the European Central Bank’s...

ECB expected to raise rates by 25 bp Federal Reserve hikes rates by 25 bp Powell signals a pause in June EUR/USD is trading quietly on Thursday, ahead of the ECB decision later today.ECB expected to...

Overview: Without making a commitment, the Federal Reserve opened the door to a pause in its tightening cycle and the market has concluded it is over. The dollar slumped to new lows for the move...

US dollar and Fed takeawaysThe Fed hiked rates by 25bps to the 5.00-5.25% range, as widely expected. In its statement, the FOMC removed its reference to future interest rate increases, hinting at a...

When the U.S. Dollar broke out to new highs last year, it looked like nothing could stop the greenback. And the headwind of a strengthening dollar made it difficult for precious metals like gold and...

New Zealand’s job numbers beat estimates Fed widely expected to deliver 25-bp hike NZD/USD extends gains NZD/USD has extended its gains and is trading at 0.6219, up 0.18%. Earlier, NZD/USD...

Bearish: GBP/JPY currently at 169.41 in a channel. We are looking for a continuation to the 1.000 Fibo at 168.80 with a further target, the S5/ATR target at 1168.59 area. Watch the USDX for direction....

The EUR/USD pair rebounded on Tuesday from weekly lows, back above 1.1000, keeping the familiar price range. The euro outperformed ahead of the European Central Bank meeting while the US dollar...

RBA Governor Lowe defends rate hike Fed expected to hit rate trigger The Australian dollar is almost unchanged on Wednesday, with AUD/USD trading at 0.6658. RBA’s Lowe says rate hike was...

A sharper-than-expected decline in US job openings and weaker factory orders coupled with intensifying bank stress sent ripples through the capital markets. The large US bank index fell 4.5%...

The yen is catching a safe haven bid amidst turmoil in the US banking sector. Treasury Secretary Yellen’s announcement that the US could hit its debt ceiling in early June is also contributing...