Currency Analysis & Opinion

Unlike the US Federal Reserve, which has been going out of its way to assure investors it won't be raising rates anytime soon, Russia’s central bank hiked interest rates on Apr. 23, for the...

Traders often discuss how “month-end flows” may impact a currency or a currency pair during the last few days of the month. These flows are caused by massive institutional portfolio...

Recent Price Behaviour The USD bears are in full control as the US Dollar Index plummets to the lowest levels in almost two months, allowing its peers to flourish. Last week was another one in the red...

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

The US Dollar started this week on a weaker note against other major currencies and Wednesday’s Federal Reserve policy assessment, which has held firm against hawkish expectations could even...

The U.S. dollar performed extremely well in the first quarter of 2021, but the second quarter, so far, has been more challenging. Since the beginning of the month, investors have been selling U.S....

The euro traded sharply lower against the U.S. dollar after the European Central Bank’s monetary policy announcement. On a technical basis, EUR/USD rejected the 100-day SMA, an important...

The coronavirus angst returns back to the market while the biggest wave of infections is currently seen in Asia and India. The U.S. dollar, however, has not significantly benefited from safe-haven...

Tomorrow’s Bank of Canada monetary policy announcement is a tricky one. On one hand, economic data has been very good. Job growth is strong, consumer spending is improving, the housing...

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

US equities kicked off the week on a bearish note and technology stocks led losses on Monday. News of a fatal Tesla (NASDAQ:TSLA) crash on Saturday, rising Covid cases that hurt the younger groups and...

All of the major currencies traded higher on Monday as investors continued to drive the U.S. dollar lower. When a rise in Treasury yields, sell-off in U.S. stocks, strong payrolls and retail...

Right now, the US dollar is languishing at a monthly low. That's because yields also fell in the same proportion over the same period.Among other catalysts, the slump also comes courtesy of the...

On Monday, April 19th, the British Pound is moving upwards against the USD.This week, the United Kingdom is scheduled to publish a lot of macroeconomic reports. For example, the Unemployment Rate and...