Currency Analysis & Opinion

USD/JPY is picking up some upside momentum once again after BOJ leadership candidate Kazuo Ueda appeared in front of parliament last week. He supported the current ultra-loose monetary policy as...

The crude oil market keeps floating on the waves of uncertainty. On Monday, a Brent barrel is trying to grow to 83.45 USD. However, purchases do not look reassuring.On the one hand, investors keep an...

USD: A delicate balance Another day and another piece of positive US activity data. Yesterday saw a strong January retail sales release. Though boosted by warmer weather, the data still positively...

While the US Dollar Index remains above 100, it is possible that King Dollar may have put in a top.And not just any old top…but a monster top. Of course, we are having some fun here, but King...

By mid February, the market major has got even deeper down. At the beginning of the week, it is mostly fluctuating near 1.0670.   The USD against the EUR is at its five-month high. This is...

A key takeaway from the recent fluctuations in major G10 pairs is that, at this stage, data matters much more than central bank communication. The mass of hawkish comments - ranging from modest to...

Jay Powell did not rock markets as he acknowledged more strong data can imply a higher peak rate but still appeared to be hanging on to the disinflation story. The dollar still faces moderate upside...

My #1 JPY Trading Tip

US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...

After several weeks of lackluster momentum, market participants are now bracing for a heavy loaded week of event risk with not only three crucial Central Bank meetings on tap but also the U.S. nonfarm...

Notable yesterday was the dollar selling off after the Bank of Canada said it was ready to pause/end its tightening cycle. Some in the market could be thinking the Fed is of a similar mindset. At the...

To quote a former UK Prime Minister, when asked about the most significant challenges faced by his administration, the answer came: “Events, dear boy, events”. The same can be said for...

Welcome to a new trading week. EUR/USD: As indicated last week, there was a bullish breakout pattern and bulls took advantage of this opportunity against the backdrop of a weakening U.S. dollar,...

Here's the Best Trading Strategy for 2023