Currency Forecast

The USD/JPY and other yen crosses remain supported thanks to a hawkish Fed, mostly stronger than expected US macro data, and recent dovish comments from the new BOJ Governor. In this short video,...

The NZD/USD rebounded as the U.S. dollar sold off on Tuesday on the back of some disappointing data. But the bearish trend on the kiwi still remained intact. In fact, price was testing a key level of...

USD/JPY is picking up some upside momentum once again after BOJ leadership candidate Kazuo Ueda appeared in front of parliament last week. He supported the current ultra-loose monetary policy as...

USD: A delicate balance Another day and another piece of positive US activity data. Yesterday saw a strong January retail sales release. Though boosted by warmer weather, the data still positively...

While the US Dollar Index remains above 100, it is possible that King Dollar may have put in a top.And not just any old top…but a monster top. Of course, we are having some fun here, but King...

A key takeaway from the recent fluctuations in major G10 pairs is that, at this stage, data matters much more than central bank communication. The mass of hawkish comments - ranging from modest to...

Jay Powell did not rock markets as he acknowledged more strong data can imply a higher peak rate but still appeared to be hanging on to the disinflation story. The dollar still faces moderate upside...

My #1 JPY Trading Tip

US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...

Notable yesterday was the dollar selling off after the Bank of Canada said it was ready to pause/end its tightening cycle. Some in the market could be thinking the Fed is of a similar mindset. At the...

To quote a former UK Prime Minister, when asked about the most significant challenges faced by his administration, the answer came: “Events, dear boy, events”. The same can be said for...

Here's the Best Trading Strategy for 2023

The Bank of Japan (BOJ) has announced plans to purchase additional government bonds as the country’s inflation likely hit a fresh 41-year-high in December. The central bank might consider...

Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the January high; however, even if they get it, the odds favor sellers not far...