Currency Forecast

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...

USD: FOMC Minutes Barely Move the NeedleLast night's release of FOMC minutes could have been perceived as slightly hawkish, yet FX and interest rate markets barely budged. At the heart of the...

The Japanese yen has depreciated against the U.S. dollar, causing negative effects in the Asian country Interest rate gap and other factors contributed to depreciation Goldman Sachs analysts...

Here's my #1 Rule for Trading the New York Forex Session

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...

USD: Overreaction? The US dollar came off sharply late yesterday on comments from Federal Reserve Chairman Jerome Powell which signaled that December would probably be the occasion to shift to a...

Fed Chair Jerome Powell will remind the market of the central bank's hawkish determination today, supporting the dollar. Meanwhile, softer inflation is trimming expectations in the eurozone. Polish...

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 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...