Currency Analysis & Opinion

USD/JPY is facing an important test of appetite as the US dollar attempts to a mean-reversal. The pair has been trying to build the momentum to break higher, but buyers have been encountering...

USD The muted market sentiment continued yesterday amid a sparse data schedule in the United States and Europe. In the U.S., investor sentiment was mixed, with the S&P 500 falling by 0.6%. The...

USD: Consolidation or base-building? There is quite a popular view out there that with 100bp of Fed cuts priced by the end of this year and a terminal rate already priced at 3.00%, the dollar does...

Let me introduce you, for those who aren’t already acquainted, to the Unidad de Fomento. The Unidad de Fomento (UF) is an almost-unique currency in the world.[1] It was established in 1967 by Chile...

USD EUR/USD drifted higher yesterday, bolstered by a continued broad-market easing in US dollar buying pressure. Federal Reserve Chair Jerome Powell all but confirmed that the central bank will pivot...

USD The USD has continued to trade on the backfoot at the start of this week. The hotly anticipated Jackson Hole Symposium lived up to expectations as a market moving event. As such, price action on...

GBP/USD is back attempting to build the gains further after snapping a 7-day winning streak on Monday as the UK was closed for a Bank Holiday. The pair climbed over 3% in that time but the gains...

The GBP/USD pair has surged above 1.32, reaching its highest level since March 2022. Key macro readings this week will influence future Fed rate cut expectations and impact the pair. US dollar...

Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...

In this new video, I share one of my favorite 15-hour timeframe chart trading strategies that can be used to pick tops and bottoms with accuracy in the forex market.    

USD After struggling for almost the entire week, Thursday saw the dollar begin to stage a turnaround, helped by commentary from Fed officials. As we have noted previously, market expectations for Fed...

USD: Cautious Powell may give some help to the dollar The latest batch of US data has not firmly argued in favour of a 50bp Federal Reserve rate cut in September, and most FOMC members have also...

European economic activity expanded by more than expected in August, according to the latest flash PMI numbers. The composite reading for the bloc rose to 51.2, up from 50.2 in July. Even so, the...

The US dollar has been unable to regain the upper hand against the Japanese yen since the US data started to show signs of weakness back in early July. USD/JPY remains over 10% lower from the highs...