Currency Analysis & Opinion

On Friday, the price of gold reached an unprecedented peak, soaring above 2,230 USD. The global capital market experienced low activity due to the observance of Good Friday in many Catholic countries,...

The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for...

USD: The dollar is no rush to sell off The dollar received some bullish news overnight in a speech from the Federal Reserve's Christopher Waller. He has been making influential speeches since late...

The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...

The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI)...

Swiss Central Bank surprised markets by cutting interest rates last week. Meanwhile, the Fed did not indicate when it may start cutting rates. Amid, these moves by the central banks, the USD/CHF pair...

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 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...

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...