Currency Analysis & Opinion

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...

GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...

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...

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...

The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it’s also the most watched.When the dollar is on the move, it can have an effect on the various...

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...

USD/JPY experienced its biggest one-day drop in 2024 yesterday.In this video, I talk about the 6 reasons why it saw such a big move and what next for the Yen.