Currency Analysis & Opinion

The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from Australia, the AUD's...

CHANGE: The ‘carry trade’ was a huge driver of currency returns in 2023. And has continued in 2024. With high yielders from the GBP to MXN the world’s top performers. But now faces...

The USD/JPY pair is rising, reaching 148.28 on Friday. The US dollar is strengthening across the market following the release of US retail sales data.This information is prompting market participants...

The USDCAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen.Recent DES data revealed that Canadian households have become more affluent. In...

An important Bank of Japan meeting is around the corner and Interest rates may go up finally. Meanwhile, the US CPI continues to stabilize above 3%. USDJPY Tests an important zone in the 146-147 yen...

The USD/JPY pair has begun to rise, reaching 147.33. This shift follows five consecutive sessions of yen appreciation without interruption.Firstly, the US dollar has halted its rapid decline and shows...

Last week, the dollar faced selling pressure, reaching its lowest level in 7 weeks after the nonfarm payrolls data. Concerns about potential interest rate cuts by the Fed led to a correction, but...

The Japanese yen strengthened against the US dollar on Monday, reaching a month-long peak following the release of statistics indicating Japan's return to economic growth in Q4 2023. This development...

The EUR/USD faces a crucial period with the ECB rate decision today, setting the stage for a directional move. The US dollar weakening suggests a potential short-term peak, creating a favorable...

The EUR/USD is testing the supply zone near 1.0870 again. This comes amid more hawkish statements from the Fed officials. As the pair approaches a key resistance, we will take a look at the bullish...

The FX markets should come to life as we head deeper into the week, with lots of market-moving data to come. Among the majors, the USD/CAD particularly faces a busy week, with plenty of market-moving...

The Dollar Index retreats as market attention shifts to job data and Fed President Powell's remarks, impacting its trajectory. The EUR/USD pair faces a crucial juncture after Euro-zone inflation...

The RBNZ changed its tone only moderately, keeping the threat of another hike on. However, NZD fell and AUD also declined after lower-than-expected CPI. We think Australia and New Zealand have...

January CPI data in Japan confirmed inflation remains above the Bank of Japan's 2.0% target. The yen “survived” the release, but remains around very weak levels and in FX intervention...