Currencies and Forex Analysis & Opinion

The U.S. dollar is trading near multi-month lows against its major counterparts on expectations the Federal Reserve may slow down its hiking campaign. The pullback in the dollar index could extend on...

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...

The British pound has risen to a 3-month high against the U.S. dollar on expectations that the Federal Reserve could slow the pace of interest rate hikes and a new U.K. Government budget proposal. The...

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...

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...

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...

Monday was a dramatic day for currency traders, when Britain's new Chancellor of the Exchequer, Jeremy Hunt scrapped much of Prime Minister Liz Truss's earlier fiscal measures, explaining that it is...

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,...