Currency Analysis & Opinion

This will be a busy week for the forex market. There are three central bank meetings, U.S. retail sales, New Zealand Q4 GDP, Australia’s employment report and Canadian retail sales...

This week will be dominated by the Federal Reserve meeting and the Fed’s statement on Wednesday. Traders will pay attention to updated economic projections and potential comments on rising...

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

To the market’s surprise, the European Central Bank announced plans to purchase bonds at a “significantly higher pace” over the next quarter. The decision was motivated by the...

Weaker-than-expected U.S. consumer price inflation data eased concerns about the U.S. economy overheating and drove the U.S. dollar lower against most of its peers Wednesday. The euro and pound...

The U.S. dollar traded lower against most of the major currencies on Wednesday. According to the latest report, inflationary pressures are on the rise, but not as quickly as investors feared....

Dollar Bull Run USD remains on a very consecutive run to the north, with the DXY at the highest levels seen since November 2020. It is heading towards its third consecutive month in the green,...

There are no two ways about it: GBP/USD bulls were on Cloud Nine in February.The currency pair, colloquially called “cable” for the transatlantic cable used to process transactions back in...

Investors have a voracious appetite for U.S. dollars this month as the Dollar Index climbed to its strongest level in four months. Over the weekend, the Senate passed a $1.9-trillion stimulus...

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

Friday’s U.S. jobs report beat all estimates and showed an increase of 379,000 jobs in February while the unemployment rate dropped to 6.2 percent. Economists expect that the re-opening of...

The U.S. dollar hit new highs on Friday after a strong U.S. jobs report. The greenback extended its gains against all of the major currencies, with USD/JPY rising to its strongest level since...

This article was written exclusively for Investing.comThe AUD/USD faces a triple whammy of bad news ahead of today’s US jobs report: risk off, US dollar revival and copper prices...

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