Currencies and Forex Analysis & Opinion

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...

Improved risk appetite helps support GBP/USD U.K.’s darkening macro-outlook means risks skewed to downside The key level for bears to defend is 1.20; for bulls 1.15 The GBP/USD managed to...

EUR/USD is attempting to keep its head above the key near-term resistance after staging a near 8% rally off November lows. The U.S. dollar pushed back on Thursday after new U.S. retail sales data...

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,...

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...

A reversal in UK fiscal policies, some stability in equity markets, and a dip in European energy prices point to a further corrective period in FX markets. The dollar could weaken a little further,...

As markets price the Fed's peak rate almost at 5.0%, US housing data will be watched this week. A housing downturn is likely considered a "necessary evil" now, but the pace of the drop may start to...

USD/JPY rises for 8 consecutive week Yen's weakness persists; returns to pre-intervention levels Watch out for more intervention and/or a sharp move in USD/JPY The USD/JPY has climbed above the...

Eurozone and German inflation hit double digits Stagflation and energy crisis pose great risk to EZ economy Fed continues hawkish rhetoric, keeping dollar supported on dips The EUR/USD is likely to...

In response to Prime Minister Liz Truss' defense earlier today of Friday's massive package of unfunded tax cuts that rocked markets, the pound sterling lost two days' worth of gains, and UK gilt...

GBP/USD crashed to a record low and then bounced Fears over mismanagement of UK economy high, but will BoE act? Volatility means lots of trading opportunities for short-term speculators The pounding...