Currency Analysis & Opinion

The best performing currency on Tuesday was the U.S. dollar which strengthened against the euro and British pound, providing short traders in both EUR/USD and GBP/USD good profits.Federal Reserve...

It doesn’t garner as much headlines as continental rivals like the European Central Bank or Bank of England, but the Swiss National Bank has long been a bastion of conservative, prudent monetary...

The U.S. dollar traded higher against most of the major currencies Tuesday despite weaker new home sales and cautious comments from Federal Reserve Chairman Jerome Powell. Along with his peers, Powell...

The Japanese Yen Bulls are awakening again A shift back into the Japanese Yen has been evident across the board as trading gets well underway for the new week. Foundations were laid technically...

One of the best performing currencies today was the euro. After selling off quickly and aggressively in the first week of March from a high of 1.21 to a low of 1.1835, the single currency quietly...

Welcome to a new trading week. Rising yields in the U.S. continued to support the greenback as it outperformed the euro and British pound. The pound came under additional selling pressure as the...

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

The U.S. dollar traded higher against all of the major currencies on Thursday, erasing most of its post-FOMC losses. The Federal Reserve has no plans to raise interest rates until 2023, but the...

Consensus has Russia’s central bank keeping interest rates unchanged—at 4.25%, a record low—when fiscal policymakers release their next rate decision on Friday. Rates have remained...

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

The U.S. dollar was mostly stronger versus other peers ahead of the Federal Reserve policy statement. The global recovery gains traction and investors eager to see whether the Fed will come up with a...

Stated simply, the European Medicines Association is stuck between a rock and a hard place: COVID cases are rising throughout the continent, but the much-needed AstraZeneca PLC (LON:AZN) (NASDAQ:AZN)...

In a week with heavy data, Wednesday’s Federal Reserve monetary policy announcement will be the most important event risk. The Fed is set to update its economic projections and its outlook...

USD retests critical weekly support: What next? At the commence of last week, USD over Sunday/Monday made a strong advance to the north, in what looked to be a continuation of the gains seen in the...