Forex Opinion & Analysis

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...

The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a day earlier. NZD/USD is trading higher 0.08% on the day at 0.5890, at the time of writing.New Zealand’s...

The Japanese yen is lower on Tuesday. In the European session, USD/JPY is trading at 156.88, up 0.34%.It has been a relatively quiet day for the yen after massive movement over the past two days. On...

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

USDJPY maintains bullish pattern after suspected interventionEURUSD remains trapped below 20-SMA ahead of flash CPIWTI oil futures wait for the next bullish catalyst below key resistanceFOMC policy...

Bullish:  Currently we are at 1.2533 in a channel.  With this breakout, we are looking to continue to the ATR target @ 1.2589 with a further target the 1.270 Fibo @ 1.2603.   ...

The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency...

Even though the Bank of Japan left the key rate and parameters of the QE program unchanged, the central bank’s inaction increased the pressure on the national currency. This resulted in USD/JPY...

Fed meets on Wednesday as US inflation stays elevated Will Friday’s jobs report bring relief or more angst for the markets?Eurozone flash GDP and CPI numbers in focus for the euro Chinese PMIs...

The Australian dollar has posted four straight winning sessions this week and is in positive territory on Friday. In the European session, AUD/USD is trading at 0.6534, up 0.24%. The Aussie has...

The Swiss franc is steady on Friday. In the European session, USD/CHF is almost unchanged at 0.9118.It has been quite a ride for the Swiss franc, which hit eight-year highs against the US dollar in...

BoJ has kept rates near zero, following which the yen tumbled to 34-year low against US dollar. A weaker yen could boost exporters but hurt consumers, stoking intervention fears. For the USD/JPY, 157...