Currency Analysis & Opinion

The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector's activity on Monday. This improvement, the first...

USD: JOLTS data in focus The DXY is now trading above 105 and is at its strongest level since the middle of last November. This strength is an extension of the move seen late last week when the...

The USD/CAD currency pair is currently encountering resistance around the 1.36 level. Buyers have been consistently testing this level in recent weeks, indicating potential upward pressure. A...

The PCE data met expectations on Friday, with Powell's remarks having minimal impact on market sentiment heading into the new week. Speculation surrounding a potential Fed interest rate cut in June...

On Friday, the price of gold reached an unprecedented peak, soaring above 2,230 USD. The global capital market experienced low activity due to the observance of Good Friday in many Catholic countries,...

The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for...

The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...

The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI)...

The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese authorities.   Japan's...

US dollar strengthens amidst positive economic data, eyes critical resistance levels Federal Reserve's rate cut expectations challenge dollar's rally Japanese yen faces pressure as USD/JPY approaches...

As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest rate, indicating intentions to maintain...

The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These adjustments will reduce borrowing...

The USD/JPY pair surged to a four-month high as investors recalibrated their expectations for the Bank of Japan's future actions. The consensus is now that the BoJ's monetary policy will remain...

The FOMC day is finally here, and all the attention will turn to the Fed’s latest economic projections and Powell’s press conference.Major currency pairs like the EUR/USD, gold and indexes...