Currencies and Forex Analysis & Opinion

As the stars aligned, the euro climbed for the fourth day out of five to near a four-week high.Monetary Policy DecisionThe 25 members of the governing council of the European Central Bank (ECB)...

Improved risk appetite lifts euro  EU Energy Ministers discussing caps for Russian oil and gas EUR/USD chart still bearish The EUR/USD was up 1% this morning, showing some follow-through in...

Surging LNG prices, widening interest rate differentials are denting yen  USD/JPY, a measure of dollar strength, is near 32-year highs Nikkei has sharply outperformed other markets  As the...

Inflation in the euro area hit another record. Consumer prices jumped 9.1% annually.The data sparked calls for a hefty interest rate hike. European Central Bank (ECB) Governing Council member Joachim...

The dollar rose for the fourth straight day to a 6-week high against the Swiss franc. The Swissy is also at a four-week low against the euro and the loonie. While the CHF is hovering at a two-month...

The euro has posted gains today and briefly punched above the symbolic parity line. In the North American session, EUR/USD is trading at 0.9978, up 0.11%.German Business Confidence DipsIt seems that...

The dollar has strengthened materially in 2022 Recently, China’s economy has gone through a significant slowdown This has resulted in the US dollar strengthening against the Chinese yuan The US...

FundamentalsWhile Eurozone inflation surged to US levels, the euro has three primary disadvantages versus the dollar:Interest rate differentials Recession Ukraine conflict Interest Rate...

Falling oil prices and bond yields is good news for yen Dollar weighed down by concerns about US economy, peak inflation Cracks starting to appear in USD/JPY charts The USD/JPY will be in sharp focus...

The Swiss franc has gained against the dollar for the past three months, the longest stretch since 2020.The rally began in May as spiking volatility in global financial markets sent investors into...

EUR/USD pauses at parity Potential for short squeeze rally Will ECB deliver a surprise 50bps hike?  The EUR/USD has been in focus this week as it descended towards parity before breaking it and...

The Bank of Canada shocked investors Wednesday, raising interest rates by 100bp, the largest single-month increase for the central bank in 24 years. Going into the meeting, investors anticipated a big...

The global tightening cycle continues in the next 24 hours with two central banks prepared to raise interest rates. In the Asia session, the Reserve Bank of New Zealand is widely expected to...

With the EUR/USD now on its sixth consecutive down day and just over 1 cent above the key 1.00 handle, it is clearly one of the important charts to watch today as it gets ever closer to...