Forex Opinion & Analysis

The just-released US PPI report was weaker than expected and we saw an immediate drop in the dollar in response. Earlier we had mixed-bag UK employment data helping to lift the pound across the...

Currently, EUR/NZD is at 1.8084 in a channel. We are looking for a continuation up to the ATR target at 1.8006 and then the 1.270 Fibo at 1.7994. Watch the DXY for direction, as it could negate all...

New Zealand’s core inflation trend has decelerated at a faster pace than Australia. RBNZ may use tomorrow’s monetary policy meeting to offer dovish guidance and bring forward its projected first...

The British Pound jumped 0.24% against the dollar and 0.18% against the Euro due to the employment data. Although key parameters of the report exceeded market expectations, the overall negative trend...

10-year US yields are falling impulsively after the NFP (US jobs data) disappointment, which brought recession fears again, but at the same time, there's now more pressure on the FED to start cutting...

Unemployment rate fell to 4.2%, with a decrease in both short-term and long-term unemployment. UK wage growth slowed to its lowest level in two years, yet surpassed market expectations. Despite...

The AUDJPY hit major resistance and rejected it today. The high today was 97.84, and the 38% retracement of the move lower since the July high to August lows is at 97.55.   Also, the underside of the...

Currently, GBP/JPY is at 188.47 in a channel.  We are looking for a continuation up to the 1.000 Fibo at 189.97 and then the ATR target at 190.92. Watch the USDX for direction, as it could negate all...

The Australian dollar has started the week in positive territory. AUD/USD is trading at 0.6596 in the European session, up 0.41% on the day at the time of writing. Australian Dollar Recovers as...

The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday. The financial markets are gearing up for Wednesday’s Reserve Bank of New Zealand...

USD/CAD experiences worst week of the year Selling pressure might persist; eyes on 1.3730 Canadian employment figures due at 12:30 GMT Since reaching a 22-month high of 1.3945, USD/CAD has been...

The Canadian dollar has shined this week, posting gains over the past four days and rising 1%. Will the impressive rally continue? Canadian Job Growth Expected to Rebound Canada wraps up the week...

The EUR/USD pair has found some stability at around 1.0921 this Friday, following a week marked by high volatility. Market participants have been adjusting their positions in response to speculations...

USD/CAD found support ahead of the Canadian employment data release. Positive US jobless claims data boosted sentiment and USD. Bank of Canada hopes for moderation in the unemployment rate following...