Currency Forecast

The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could...

The dollar index shows early signs of recovery as traders anticipate pivotal economic data this week. Key speeches from Fed members could reshape market expectations amid ongoing geopolitical...

EUR/USD breaks above 1.1150 as the dollar weakens following the Fed's first rate cut in over four years. Market expectations for further easing support the euro's upward momentum against the...

The US dollar index was trading lower in the early European trade, giving back some of its gains from Tuesday. This meant that the EUR/USD was trading modestly higher. FX markets are now likely to...

Silver's recent jump stalled at a key resistance level. Recession fears and Fed rate cut expectations drive silver's surge and mixed outlook. Watch for silver's ability to break $31.5; failure could...

EUR/USD back in an uptrend ahead of the Fed. The pair could challenge 1.12 resistance if the Fed opts for a 50 bp cut. Meanwhile, weakness in the US dollar is a tailwind too. Looking for actionable...

EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...

The dollar kicked off the week on a positive note despite labor data coming in soft last week. Traders now look to Wednesday’s CPI report for clues on the Fed’s next rate move. Technical levels...

EUR/USD traders are eyeing crucial U.S. economic data due tomorrow. The pair found support around 1.105 this week after hitting a yearly high in August. A break above a key resistance could push the...

The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will...

Silver is testing a pivotal support zone. If this level holds, it could present a dip-buying opportunity for traders. However, a breach of that level could signal further downside. For less than $8...

Eurozone CPI data paves the way for more cuts. This comes at a time when the market is debating between a 25 or 50 bps cut by the Fed. Meanwhile, the EUR/USD pair is nearing a key support area. For...

The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...