Forex Opinion & Analysis

The U.S. Dollar is a key variable in all aspects of the marketplace. The strength of the dollar factors into the price we pay for food, gas, and everyday groceries.It also affects the equity and bond...

USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over 4.5% from a peak of 160.2 at the start of trading on Monday. Behind the pair's rise is a long-term fundamental...

The British Pound is in positive territory on Friday. GBP/USD is trading at 1.2555, up 0.16% at the time of writing.UK Services PMI Hits 11-Month HighThe service sector accelerated in April, as the...

The Japanese yen has extended its gains on Friday. USD/JPY is trading at 153.26, down 0.27% at the time of writing.It has been a week to remember as the yen has soared 3.2% against the dollar. The yen...

USD/CAD is steady on Thursday and is trading at 1.3720, down 0.14% at the time of writing.Powell Says Inflation Still Too High to Lower RatesThe Federal Reserve kept the benchmark rate in the target...

It has been a remarkable week for the yen, which has exhibited sharp swings throughout the week. The Japanese yen fell as much as 1% earlier and on Thursday but has pared most of those losses. USD/JPY...

The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a day earlier. NZD/USD is trading higher 0.08% on the day at 0.5890, at the time of writing.New Zealand’s...

Another BOJ meeting is behind us with markets perceiving the central bank's tone as dovish. Meanwhile, the USD/JPY pair has seen a sharp selloff near 160, indicating possible BOJ intervention. Eyes...

Japan Intervenes in the Yen for the first time since November 2022Will it work? Have we seen a top in USD/JPY? Let's go through the charts

The EURJPY and other XXXJPY pairs surged lower following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting...

USDJPY maintains bullish pattern after suspected interventionEURUSD remains trapped below 20-SMA ahead of flash CPIWTI oil futures wait for the next bullish catalyst below key resistanceFOMC policy...

Bullish:  Currently we are at 1.2533 in a channel.  With this breakout, we are looking to continue to the ATR target @ 1.2589 with a further target the 1.270 Fibo @ 1.2603.   ...

Fed Chair Powell's remarks after the May 1st decision will shape monetary policy expectations going forward. Key data dump this week: PMI, unemployment, and jobs data will shed light on economic...