Currency Analysis & Opinion

The U.S. dollar weakened across the board since the market has been pricing in an increasingly dovish Federal Reserve. However, traders worry that the latest sell-off could be an overcorrection in the...

Markets may have over-priced Federal Reserve pivot Charts point to ‘oversold’ conditions on USD/JPY around key levels Long-term trend positive due to still-growing policy divergence...

USD: Overreaction? The US dollar came off sharply late yesterday on comments from Federal Reserve Chairman Jerome Powell which signaled that December would probably be the occasion to shift to a...

Fed Chair Jerome Powell will remind the market of the central bank's hawkish determination today, supporting the dollar. Meanwhile, softer inflation is trimming expectations in the eurozone. Polish...

Eurozone core CPI remains at record Key US macro data to come EUR/USD tests 200-day The EUR/USD is in sharp focus as it trades around a key technical area, in what is going to be a busy day and week...

The U.S. dollar is trading near multi-month lows against its major counterparts on expectations the Federal Reserve may slow down its hiking campaign. The pullback in the dollar index could extend on...

On Monday, the market major is stepping back to 1.0350. Investors are demanding more safe haven assets because the global situation is worsening. Attention is focused, on the one hand, on...

The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...

The British pound has risen to a 3-month high against the U.S. dollar on expectations that the Federal Reserve could slow the pace of interest rate hikes and a new U.K. Government budget proposal. The...

GBP/USD boosted by dollar weakness, risk-on  Several test long-term 200-day averages after impressive recovery Potential for reversal, but bears must see bearish signal first A number of...

USD/JPY looks heavy on the daily, where we’ve broken below rising trend support (drawn from the May swing) and out of the I-cloud, which price was hugging from mid-Nov.We can see a marked...

CNH falling due to COVID outbreak FOMC minutes in focus USD/CNH tests key level The US dollar will be in sharp focus later when the FOMC's last meeting minutes are published, which means the USD/CNH...

Despite a goal-rich start at the World Cup in Qatar, markets are all about defense right now. New Covid restrictions in China are fuelling a return to the safe-haven dollar while investors wait for...

At the beginning of a new week of November, the market major is stepping back. EUR/USD is balancing at 1.0280.   The market is very cautious about any comments and views on the future steps of...