Currency Analysis & Opinion

The U.S. dollar climbed to its highest level against the Japanese yen in more than 2 decades.The European Central Bank has a monetary policy announcement in less than 24 hours. Still, halfway through...

On Wednesday, the Reserve Bank of India holds its next policy meeting with an interest rate decision due at 12:30 AM EDT.Though a hike of anywhere between 25 and 50 basis points is anticipated, the...

Australia’s Reserve Bank (RBA) has published its monthly Monetary Policy Decision statement with an astonishing rise in the official cash rate (OCR) of 50 basis points, up to 0.85%, citing...

On Monday morning, the major currency pair is looking rather stable and trading at 1.0720. Investors have already included last Friday’s statistics on the US labour market in prices and are...

The U.S. dollar soared after Friday’s non-farm payrolls report came in better-than-expected with 390k jobs in May. Strong hiring suggests that the Federal Reserve will continue the pace of steep...

Less than two weeks ago, we made a call about the US dollar heading into a correction. Now that it's in process, we believe, we're going to say that after the dollar reaches the target we suggested,...

Ever since the UK voted to leave the European Union back in 2016 the pound has been the subject of hyperbole, scaremongering, and on the verge of an existential crisis, and here we are again with the...

By Andrey Goilov, analyst at RoboForexEarly in the week, the major currency pair is rising towards 1.0757.   Monday’s trading session is going to be calm and quiet – the US has a day...

Earlier this month, after US President Joseph Biden indicated he was reviewing the rollback of Trump-era China tariffs, market sentiment flipped back to risk-on, at least intermittently. Investors...

The U.S. dollar retreated in the last week, pushing the euro and British pound higher into overbought territory as a result. This week, traders will watch the FOMC minutes (Wednesday) and the Federal...

As my colleague Joe Perry noted last week, most central banks are expected to raise interest rates, in some cases dramatically, in the coming year in their fight against inflation.The biggest outlier...

After a three-day selloff, the euro is extending its rebound to a second day. However, before traders conclude the single currency is bottoming, they should look at the following chart. The current...

Early in another week of May, EUR/USD remains weak; the asset is consolidating around 1.0400, which is very close to the 2-year lows at 1.0348 reached last Friday. Market players are doing their...

As we noted in our CPI preview report on Monday, a reading near economists’ consensus expectations of 8.1% year-over-year for price increases “would be the first meaningful decline in the...