Currency Forecast

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...

If you haven’t already learned, the financial markets can change on a dime. Trends and themes are good until they are not.This is why we use technical analysis to alert us when the price is...

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...

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...

CNH falling due to COVID outbreak FOMC minutes in focus USD/CNH tests key level The US dollar will be in sharp focus later when the FOMC's last meeting minutes are published, which means the USD/CNH...

Concerns of a widening Russia-Ukraine conflict increased today after Poland claimed a Russian rocket landed on a Polish village, killing two Polish citizens. However, President Joseph Biden later...

Repeated intervention fails to deliver intended impact on yen Dollar remains supported thanks to a very hawkish Fed USD/JPY holding above key support in a strong bullish trend Speculation over China...

The Federal Market Open Committee increased interest rates by 0.75% for the fourth straight time yesterday. This hike pushes the top of its target range to 4%, the highest since 2008. Therefore,...

BoJ inaction means policy divergence grows larger Japan government intervention ineffective Dollar rebound amid haven flows By standing pat on monetary policy despite the recent inflation spike and...

The European market is gearing up for a jumbo rate hike by the European Central Bank. The expectation is weighing on the STOXX 600 Index as investors expect the euro to strengthen following the rate...

The dollar retreated 0.15% as China considered reducing inbound quarantine to 7 from 10 days. The greenback's slide followed Wednesday's 0.75% jump, the sharpest advance in a week, as soaring UK...