Forex Opinion & Analysis

NZD/USD Slips on Soft Manufacturing Data

NZD/USD Slips on Soft Manufacturing Data

The New Zealand dollar is sharply lower on Friday. NZD/USD is down 0.61%, trading at 0.6130 in the European session…
USD/JPY Pares Gains as BoJ Holds Rates

USD/JPY Pares Gains as BoJ Holds Rates

The Japanese yen posted sharp losses earlier but has almost completely recovered. In the European session, USD/JPY is trading at…
Japanese Yen Falls to 6-Week Low After the Bank of Japan Meeting Ends

Japanese Yen Falls to 6-Week Low After the Bank of Japan Meeting Ends

The Japanese yen exchange rate paired with the US dollar looks unimpressive by the end of this week. The USD/JPY…
EUR/USD Is Gearing Up for a Big Move

EUR/USD Is Gearing Up for a Big Move

The long-term rangebound EUR/USD seems to be preparing a big move out of this symmetrical pattern be it due to…
GBP/USD Dips as UK Growth Stalls

GBP/USD Dips as UK Growth Stalls

The British pound has lost ground on Thursday. GBP/USD is trading at 1.2760 in the North American session at the…
Fed’s Hawkish Inaction Favors US Dollar

Fed’s Hawkish Inaction Favors US Dollar

The Fed acted as a market balancer on Wednesday, smoothing out buyers’ bullishness following the earlier inflation report. There was…
AUD/USD Shrugs After Strong Employment Data

AUD/USD Shrugs After Strong Employment Data

The Australian dollar has edged lower on Thursday. AUD/USD is trading at 0.6674 in the North American session, up 0.14%…
GBP/AUD Starting a 3rd Wave

GBP/AUD Starting a 3rd Wave

Note: Unemployment claims was negative today Bearish: Currently we are at 1.9201 in a channel in a range. We are…
US Dollar Declines as Fed Signals Potential Rate Cut, Inflation Eases

US Dollar Declines as Fed Signals Potential Rate Cut, Inflation Eases

The EUR/USD pair is holding steady around 1.0805 on Thursday, following a surge in volatility the previous evening. The Federal…
Euro Hits Monthly Low Amid Political Instability in France

Euro Hits Monthly Low Amid Political Instability in France

The EUR/USD pair declined to 1.0740 on Wednesday, nearing the month’s low. This downward movement is primarily driven by the…
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