Currency Analysis & Opinion

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

Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the January high; however, even if they get it, the odds favor sellers not far...

USD: FOMC Minutes Barely Move the NeedleLast night's release of FOMC minutes could have been perceived as slightly hawkish, yet FX and interest rate markets barely budged. At the heart of the...

Hawkish Fed means downside limited for dollar Greenback could find support on haven flows Dollar Index inside massive long-term level The US Dollar remained under pressure in the first half of the...

The Japanese yen has depreciated against the U.S. dollar, causing negative effects in the Asian country Interest rate gap and other factors contributed to depreciation Goldman Sachs analysts...

Here's my #1 Rule for Trading the New York Forex Session

USD/JPY price is trying to erase month-to-date gains after falling as much as 7.1% in November. The correction in price action is understandable after the pair rose over 32% since early March.Hopes...

If you haven’t already learned, the financial markets can change on a dime. Trends and themes are good until they are not.This is why we use technical analysis to alert us when the price is...

The currency major begins the main week of December with a minor decline by 1.0520.   All the key events of the week are focused on the days to come. On Tuesday, the US will issue the November...