Currency Analysis & Opinion

Daily Technical Analysis of FX covering Spot EURUSD, GBPUSD, EURGBP, USDINR, USDBRL & USDMXN

It will be a big week for traders with crucial central bank meetings in the U.S. and U.K. on tap as well as the U.S. Nonfarm Payrolls report at the end of this pivotal week.   The market’s...

EUR/USD logged its best day in five months as U.S. GDP overshadowed the European Central Bank’s monetary policy announcement. According to the latest report, the U.S. economy grew by only 2% in...

Buckle (NYSE:BKE) your seat belts because the next 24 hours will be busy for the foreign exchange market.  There are two monetary policy announcements, German labor market and inflation...

Of the three monetary policy announcements this week, the Bank of Canada’s is the most important. Back in April, the Bank of Canada set the ball rolling by becoming the first major central...

Inflation and GDP reports from the U.S. and Eurozone along with three central bank monetary policy announcements makes for a busy trading week. Big tech names, like Amazon (NASDAQ:AMZN), Apple...

So far today, the Japanese yen is the strongest of the major currencies, but zooming out a bit, it’s actually the weakest major currency over the last month, losing more than 4% of its value...

Stronger than expected earnings drove the Dow Jones Industrial Average to record highs. Despite Delta variant fears, rising prices and supply-chain shortage, bulge bracket U.S. companies are thriving....

Perhaps for those used to trading the latest NFT or meme stock, the chart of USD/TRY may not look too unusual…but for FX traders, the ongoing collapse in the currency of a country in the top 20...

Early in the week, EUR/USD is falling and trading at 1.1575. The “greenback” is clearly attempting to attack.Last Friday’s US statistics on the retail sales for September turned out...

Currencies and equities powered higher today, with the Dow Jones Industrial Average rising more than 500 points. This was the strongest one-day rise for the Dow in nearly three months. Thanks to good...

As my colleague Joe Perry noted in his Currency Pair of the Week article, the loonie has been on absolute tear of late, with the ongoing rally in the price of oil, Canada’s most important...

As one of the world's top energy importers, Japan finds itself in a vicious cycle. As energy prices rally, more yen are required to pay for energy imports. Then, as the Japanese currency devalues,...

The euro hit a year-to-date low against the U.S. dollar on Tuesday after quietly trending lower for the past five weeks. Economic performance and monetary policy direction are the two most...