Forex Opinion & Analysis

EUR/USD Under Pressure Despite Manufacturing Rebound

EUR/USD Under Pressure Despite Manufacturing Rebound

Preliminary estimates of PMI business activity indices for eurozone countries came in below expectations, taking away about a third of…
USD/CAD: Canadian Dollar Dips Ahead of Retail Sales

USD/CAD: Canadian Dollar Dips Ahead of Retail Sales

The Canadian dollar is showing small losses on Friday. USD/CAD is trading at 1.4196 in the European session, up 0.14%.…
USD/CAD Moves Sideways Above 2-Month High

USD/CAD Moves Sideways Above 2-Month High

USD/CAD holds below the ascending channel RSI and stochastics tick up But MACD indicates more losses USD/CAD has been on the…
EUR/USD to Renew 2-Month Highs as Buying Momentum Builds

EUR/USD to Renew 2-Month Highs as Buying Momentum Builds

The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a…
USD/CAD: Where to Next for the Canadian Dollar as Trade War Begins

USD/CAD: Where to Next for the Canadian Dollar as Trade War Begins

Our assumption in December was that a US-Canada trade war could take USD/CAD to 1.50. That is now a clear…
US Dollar Surges as Trump’s Tariffs Bite – EUR, CNH Slide, CAD Slumps to New Lows

US Dollar Surges as Trump’s Tariffs Bite – EUR, CNH Slide, CAD Slumps to New Lows

EUR/USD turns bearish, testing 1.0200, break below targets parity USD/CAD hits 22-year highs; momentum indicators support further gains USD/CNH faces…
USD/JPY: Japanese Yen Edges Lower as Tokyo Core Inflation Hits 1-Year High

USD/JPY: Japanese Yen Edges Lower as Tokyo Core Inflation Hits 1-Year High

The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at…
USD/JPY Holds Support, but Downside Risks Linger

USD/JPY Holds Support, but Downside Risks Linger

USDJPY flatlines near 154.25 support  Technical signals remain downbeat US core PCE inflation index due at 13:30 GMT   USD/JPY…
USD/JPY: Strong Japanese Data Keeps Bears in Control

USD/JPY: Strong Japanese Data Keeps Bears in Control

BOJ may raise rates further as Japanese data stays firm Tokyo inflation beats expectations, supporting BOJ tightening Retail spending and…
US Dollar Index: Hawkish FOMC Pause, Trump’s Fed Criticism, and Technical Outlook

US Dollar Index: Hawkish FOMC Pause, Trump’s Fed Criticism, and Technical Outlook

The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. US Commerce Secretary…
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