Currency Analysis & Comment

The euro is declining against the US dollar as the ECB and Fed's policies diverge ECB President Lagarde's recent comments on falling inflation hint at potential rate cuts, echoed by other ECB...

The US dollar has rallied recently and is now consolidating gains. Geopolitical tensions and hawkish Fed comments are fueling the rise of the US dollar against major currencies like the euro and...

Recent macro data fueled a strengthening of the US dollar against the British pound. Fed Chairman Jerome Powell's remarks yesterday added more fuel to the fire. Amidst disappointing UK labor...

GBP/USD could be impacted significantly by UK CPI data this week Iran-Israel tensions at forefront GBP/USD outlook bearish as US dollar likely to remain supported on dips The GBP/USD pair bounced off...

With tensions escalating between Iran and Israel, traders closely monitored Iran's response over the weekend, affecting assets like gold and the US dollar. Last week, the DXY surged to 105 after the...

The pressure on the euro is growing as the gap between expected rate cuts from the Fed versus the ECB keeps widening. The latter is moving closer to cutting interest rates right as the former’s...

Early April saw the EUR/USD pair breach a resistance zone near 1.07, initiating an upward trend. Despite robust US labor market data last Friday, bullish momentum persisted, driving the local uptrend...

Is the Commitment of Traders COT report showing Japanese Yen Shorts at highest since 2007 Signaling USD/JPY Reversal?Here's why its prime time for Japanese intervention with COT positioning at...

The USD/CAD currency pair is currently encountering resistance around the 1.36 level. Buyers have been consistently testing this level in recent weeks, indicating potential upward pressure. A...

The PCE data met expectations on Friday, with Powell's remarks having minimal impact on market sentiment heading into the new week. Speculation surrounding a potential Fed interest rate cut in June...

The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...

Swiss Central Bank surprised markets by cutting interest rates last week. Meanwhile, the Fed did not indicate when it may start cutting rates. Amid, these moves by the central banks, the USD/CHF pair...

US dollar strengthens amidst positive economic data, eyes critical resistance levels Federal Reserve's rate cut expectations challenge dollar's rally Japanese yen faces pressure as USD/JPY approaches...

The FOMC day is finally here, and all the attention will turn to the Fed’s latest economic projections and Powell’s press conference.Major currency pairs like the EUR/USD, gold and indexes...