Currency Analysis & Opinion

ECB decision this week could affect euro pairs, with EUR/GBP in focus. EUR/GBP is at a critical support level, and the ECB's decision could trigger a rebound. Meanwhile, GBP/USD is on an upward...

The USD/JPY pair unexpectedly declined last night due to a weakening US dollar. Currently, it is hovering around 156.33. Japanese Finance Minister Shunichi Suzuki highlighted the government's recent...

Expectations for a Fed rate cut have strengthened somewhat. ECB is almost certain to cut interest rates this week and eyes will be on Lagarde. Meanwhile, the Japanese Finance Ministry report...

The euro picked up some bids on Friday morning as the preliminary consumer prices reading for May showed hotter-than-expected inflation. EUR/USD has taken advantage of Thursday’s reversal on the back...

GBP/USD turned bearish on Wednesday after being rejected at 1.28 the day prior. It’s not the first time the pair has been rejected at that level which suggests it has become somewhat of a...

The EUR/USD lost its earlier gains on Tuesday, before dropping slightly in the first half of Wednesday’s session following the release of a weaker-than-expect German CPI report. Meanwhile, the US...

The advances in USD/JPY remain shy. The pair has plateaued in recent sessions with little deviation from the current level of 156.90 as the lack of direction becomes evident. The momentum remains...

The EUR/USD pair is experiencing a short correction upwards but remains within a broader downtrend. Meanwhile, the policy divergence could occur between the Fed and the ECB depending on the Eurozone...

The Japanese yen slightly increased against the US dollar on Monday, with the USD/JPY pair holding near 156.73.   Investors have already priced in previous remarks from Bank of Japan (BoJ)...

The AUD/USD pair has fallen rapidly in the final week, reaching 0.6592. This decline is primarily driven by the US dollar's robust performance, following stronger-than-expected US economic data....

USD: Minutes boost may not last The 1 May FOMC minutes, released yesterday, surprised on the hawkish side and bolstered the dollar. While the general view was that policy was “well...

The NZD/USD pair is preparing for a mid-week rally, approaching the 0.6116 level. These current values mark the highest point for the Kiwi in two months, following the Reserve Bank of New Zealand's...

USD: Waller not as hawkish as it seemed The dollar awaits any domestic input to make the first move, and domestic stories are taking centre stage. We are even more convinced the Bank of Canada will...

Market pricing has tipped in favour of ‘no rate cut’ at the upcoming Bank of England (BoE) meeting in June after UK CPI came in higher than expected this morning. Markets were assigning a...