Currency Analysis & Comment

The dollar has broken to new lows for the year after a relaxed-sounding Fed Chair Powell said there were the first clear signs of disinflation. He also failed to push back too aggressively on lower...

US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...

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The Bank of Japan (BOJ) has announced plans to purchase additional government bonds as the country’s inflation likely hit a fresh 41-year-high in December. The central bank might consider...

Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the January high; however, even if they get it, the odds favor sellers not far...

Hawkish Fed means downside limited for dollar Greenback could find support on haven flows Dollar Index inside massive long-term level The US Dollar remained under pressure in the first half of the...

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USD/JPY price is trying to erase month-to-date gains after falling as much as 7.1% in November. The correction in price action is understandable after the pair rose over 32% since early March.Hopes...

Markets may have over-priced Federal Reserve pivot Charts point to ‘oversold’ conditions on USD/JPY around key levels Long-term trend positive due to still-growing policy divergence...

Eurozone core CPI remains at record Key US macro data to come EUR/USD tests 200-day The EUR/USD is in sharp focus as it trades around a key technical area, in what is going to be a busy day and week...

The rally in the U.S. dollar fizzles as China relaxes some of its COVID policies after widespread protests. Once the risks from China's strict zero-COVID policy lockdowns eased, traders refocused on...

The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...

The British pound has risen to a 3-month high against the U.S. dollar on expectations that the Federal Reserve could slow the pace of interest rate hikes and a new U.K. Government budget proposal. The...

GBP/USD boosted by dollar weakness, risk-on  Several test long-term 200-day averages after impressive recovery Potential for reversal, but bears must see bearish signal first A number of...