Currency Analysis & Comment

Understanding how currencies move against each other will help you select the best trades and manage your trading risk appropriately

The U.S. Dollar is a key variable in all aspects of the marketplace. The strength of the dollar factors into the price we pay for food, gas, and everyday groceries.It also affects the equity and bond...

All eyes are now on the Fed meeting. How will the dollar react to the FOMC policy decision, with more key data coming up on Friday? Dollar Index technical analysis points higher. Today’s US...

Another BOJ meeting is behind us with markets perceiving the central bank's tone as dovish. Meanwhile, the USD/JPY pair has seen a sharp selloff near 160, indicating possible BOJ intervention. Eyes...

Japan Intervenes in the Yen for the first time since November 2022Will it work? Have we seen a top in USD/JPY? Let's go through the charts

Fed Chair Powell's remarks after the May 1st decision will shape monetary policy expectations going forward. Key data dump this week: PMI, unemployment, and jobs data will shed light on economic...

The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week with investors...

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...

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...

The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%.BoC Holds Interest RatesThere were no surprises...

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...