Currency Forecast

New Euro-US dollar parity a possibility as the pair hovers below 1.0610 Still, the greenback is likely to face tough road ahead in the technical chart Fed to be the decisive factor going forward as...

US dollar continues to strengthen on Fed's hawkish stance EUR/USD could continue to head lower on the back of weak data from Eurozone Meanwhile, GBP/USD is now edging closer to support level at 1.22...

GBP/USD analysis: BoE holds policy at 5.2% in split decision What’s next for GBP/USD, and will US dollar rise much further? GBP/USD technical analysis continues to point lower Earlier, the Bank...

The GBP/USD is in focus ahead of this week’s key events: FOMC and BoE rate decisions. We also have UK CPI and retail sales, as well as global PMI figures to look forward to this week. The BoE...

EUR/USD has continued its downtrend following ECB decision Technical analysis suggests 1.063 is a crucial support level, with further weakness possible below $1.05 Long-term outlook and broader...

Prior to today’s ECB meeting, there was a bit of uncertainty whether the ECB would hike or not, with markets pricing in a 65% implied probability of a 25-bps hike. In the end, it went ahead with...

The economic calendar is full of key data from the US this week, which should make for a volatile week for all the major pairs. But the fact we also have an interest rate decision from the ECB to look...

The EUR/USD pair is getting closer to an important demand zone GBP/USD could test an area near the 'correction equilibrium' zone Meanwhile, EUR/PLN's rally still has legs As we move into September,...

If the beleaguered euro and yen did not have enough to worry about already, they now have to cope with Brent oil trading above $90/bl as the Saudis extend their supply cuts through to year-end. Unless...

The US Dollar appears poised to continue to move lower after latest economic data The euro, on the other hand, has been pricing in the possibility of further rather hikes from the ECB Meanwhile,...

US dollar tumbled following weak US economic data Meanwhile, the EUR/USD pair has rebounded strongly The USD/PLN has broken a long-term uptrend, and the CAD/JPY is preparing to break out Following...

This week will likely see August go out with a bang as we get a deluge of US economic data which could either make or break the case for another Fed hike in 2023.On tap for traders is Preliminary Q2...

The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...

US dollar has broken out ahead of Powell's speech Meanwhile, EUR/USD is eyeing a trend reversal USD/JPY's rally has fizzled out Throughout the first half of the week, the US Dollar index maintained...