With the Fed's terminal rate surpassing the Bank of Canada's, economists at CIBC Capital Markets have weakened their forecast for the loonie into 2023 Read full article
AUD/USD is trading above the 0.69 level. Nonetheless, economists at CIBC Capital Markets expect the pair to test its May low of 0.6830. Reserve Bank o Read full article
The New Zealand dollar is facing depreciation pressure. Economists at CIBC Capital Markets expect the NZD/USD pair to slump under the 0.62 level. Losi Read full article
Hello , I have over two years of experience in forex trading and Im currently using the smart money concept. Recently started a 1k challenge and wanted to make sure I treat this seriously doing everything in the right way.… Read full article
USD strength extended as Federal Reserve races ahead with tightening, but that will fade into 2023 as other major central banks press on with normaliz Read full article
The European Central Bank's Sintra forum today sees the introductory speech and press conference by Christine Lagarde. With markets pricing in 150 bps Read full article
The pound continues to be rather unreactive to Brexit-related news. Bank of England’s Governor Andrew Bailey will speak on Wednesday and a hawkish mes Read full article
Inflation concerns and a lack of future scheduled meetings point to a 50 bps hike from the Riksbank. However, any benefits for SEK may only show up at Read full article
The Bank of Japan (BoJ) maintained policy stability once again. Economists at CIBC Capital Markets expect the USD/JPY to stay on a strong footing. BoJ Read full article
GBP/USD is moving below 1.23. The Bank of England (BoE) prioritizing growth over containing inflation suggests GBP downside, compounded by political r Read full article
USD/CAD has pulled higher to fetch a recent 1.3079 high, before cooling off. A 1.3077-1.3079 double top contains USD for now, Benjamin Wong, Strategis Read full article
The USD/CAD pair witnessed follow-through selling for the third successive day on Tuesday and broke through the 1.2865-1.2860 horizontal support durin Read full article
The June European Central Bank (ECB) underlined a move away from unconventional policy. But ECB policy gradualism suggests that euro bulls will have t Read full article
According to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, USD/JPY seems to have now moved to a consolidative phase within the 134.00-13 Read full article
Here is what you need to know on Tuesday, June 28: The US Dollar Index is consolidating the overnight rebound around 104.00 in early European trading Read full article
In a benign environment, the EUR was able to further appreciate against USD. However, the risk in EUR/USD remains at the lower end, in the view of eco Read full article
The AUD/USD pair is displaying an inventory distribution structure in a narrow range of 0.6918-0.6936 in the Asian session. The major has auctioned si Read full article
EUR/GBP holds lower ground near the intraday low around 0.8620 heading into Tuesday’s European session. In doing so, the cross-currency pair ignores d Read full article
The NZD/USD pair extended its sideways price moves for the second straight day on Tuesday and remained confined in a range around the 0.6300 mark head Read full article
GBP/USD struggles for clear directions as it seesaws around two-week-long support surrounding 1.2260 heading into Tuesday’s London open. The cable pai Read full article
NZD/USD is predicted to navigate the 0.6240-0.6360 range in the next weeks, suggested FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key Read full article
The USD/CHF pair is trading in a minor range of 0.9551-0.9567 since the early Asian session as the unavailability of any potential trigger has shifted Read full article
In the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, GBP/USD is still seen within the 1.2165-1.2380 range in the short term. Read full article
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted EUR/USD still faces some consolidation but could break above the 1.0630 level in the Read full article
GBP/USD approaches 1.2300 as Brexit woes battle softer USD ahead of US Consumer Confidence GBP/USD grinds higher around the intraday top near 1.2285, Read full article
USD/CAD prints a three-day downtrend as sellers flirt with the lowest levels in two weeks around 1.2860 during early Thursday morning in Europe. The L Read full article
The EUR/USD pair is seeking some bids around 1.0580 and is expected to advance towards the round-level resistance of 1.0600. The asset is juggling in Read full article
Gold price (XAU/USD) is displaying back and forth moves in a narrow range of $1,821.76-1,825.55 in the Tokyo session. The precious metal is trading la Read full article
AUD/USD remains on the back foot for the second consecutive day, down 0.25% around 0.6920 during the mid-Asian session on Tuesday. In doing so, the Au Read full article
The USD/JPY pair has witnessed a regular fall after multiple failed attempts of overstepping the critical resistance of 135.60 for the past three trad Read full article
GBP/USD grinds higher around the intraday top near 1.2285, following a sluggish start to the week, as buyers cheer the US dollar weakness during Tuesd Read full article
USD/CHF remains depressed around the intraday low, taking rounds to 0.9555 during the three-day downtrend to Tuesday’s Asian session. In doing so, the Read full article
EUR/USD picks up bids to rebound from the intraday lows surrounding 1.0570 to pare daily losses, the first in three days, during Tuesday’s Asian sessi Read full article
The USD/CAD pair has witnessed a marginal fall to near 1.2860 after slipping below the critical support of 1.2870. The asset is expected to extend its Read full article
In a variation of a Wyckoff style schematic, AUD/USD, as per the prior analysis, AUD/USD bulls seek a break of 0.6925 for 0.6950 target area, the bull Read full article
Gold Price (XAU/USD) consolidates recent losses at around $1,825.00 during Tuesday’s Asian session. In doing so, the yellow metal takes clues from the Read full article
The NZD/USD pair has witnessed some bids around 0.6292 and has moved above the round-level resistance of 0.6300 in the Asian session. On a broader not Read full article
GBP/JPY refreshes intraday high near 166.40 during the third positive daily performance amid Tuesday’s Asian session. In doing so, the cross-currency Read full article
The EUR/JPY pair is oscillating in a minor range of 143.17-143.36 in early Tokyo. Broadly, the asset is modestly advancing after sensing a rebound nea Read full article
The USD/JPY pair has slipped below 135.40 after struggling to overstep the critical hurdle of 135.50 multiple times on Monday. On a broader note, the Read full article
The EUR/JPY advances for the second consecutive day and is looking to extend to its seven straight week rally, which would lift the cross-currency pai Read full article
What you need to take care of on Tuesday, June 28: Major pairs seesawed between gains and losses but held on to familiar levels. The dollar is down ag Read full article
At 0.6295, NZD/USD has been pressured despite the growing consensus of a weaker US dollar. The bird is down some 0.28% at the time of writing and has Read full article
The AUD/JPY began the week on the wrong foot, slightly down in the day, though recovered from daily lows at 92.97 and reached a daily high at around 9 Read full article
Gold price (XAU/USD) displayed a failed attempt to sustain above the critical resistance of $1,840.00 on Monday. The precious metal has turned sideway Read full article
AUD/USD is consolidated at the start of the Asian day following some back and forth at the start of the week. The Aussie is trading at 0.6922 and will Read full article
EUR/USD holds onto the pullback from a two-week high as bulls get rejections from short-term key resistances, as well as risk-off mood, during Tuesday Read full article
The USD/CAD extends its losses to two consecutive days, bolstered by rising US crude oil prices, which benefits the Canadian dollar, a headwind for th Read full article
The USD/CHF pair is displaying back and forth moves in a narrow range of 0.9552-0.9556 in the early Tokyo session. The major has turned sideways after Read full article
GBP/USD remains pressured around 1.2260 as bears jostle with the short-term key supports following the fresh Brexit news during late Monday, early Tue Read full article
The British pound remains to trade in a narrow range vs. the greenback, though it stays trading with minimal gains after probing the 1.2300 mark reach Read full article
USD/JPY is under pressure and falling in a classic reversal topping pattern on the daily chart. The following illustrates the bearish bias from a weak Read full article
The EUR/USD rose further during the American session and climbed to 1.0614, reaching the highest level in two weeks. The euro pulled back under 1.0600 Read full article
The headline General Business Activity Index of the Federal Reserve Bank of Dallas' Texas Manufacturing Survey plunged to -17.7 in June from -7.3 in M Read full article
According to the Federal Reserve Bank of Atlanta's GDPNow model, the US economy is expected to expand by 0.3% in the second quarter, up from the June Read full article
The AUD/USD seesaws from daily highs around 0.6958 printed during the Asian session and dipped towards daily lows near 0.6910, in a narrow trading ran Read full article
The USD/CHF dropped to 0.9541 in American hours, hitting a fresh daily low. Earlier the pair peaked at 0.9620 before turning to the downside amid a we Read full article
The CAD edged fractionally higher to the 1.2865/70 area before ceding gains and trading back to near flat on the session. This movement indicates that Read full article
EUR/USD has extended its downtrend after breaking below the trend line drawn since 2000. This violation has led the pair towards the lows of 2016/2017 Read full article
GBP/USD is gradually approaching potential support at 1.1840/1.1740. A break below this region would clear the way towards the low carved out in 2020 Read full article
The USD/JPY pair attracted some dip-buying on the first day of a new week and rallied over 100 pips from the daily swing low, around mid-134.00s. Spot Read full article
EUR/USD strengthens into high-1.05s. A break above the 1.06 level would open up further gains towards the next big figure, economists at Scotiabank re Read full article
NZD/USD recovered on Friday. Nonetheless, analysts at Credit Suisse stay bearish and look for an eventual break below 0.6230/6194. NZD/USD remains cap Read full article
The EUR/USD pair gained traction for the second successive day on Monday and climbed to a three-day peak, though struggled to capitalize on the move. Read full article
Looking at GBPUSD Chart, we can see that it is currently traded at the rate of 1.2299, which is close to its support level at around 1.2270. if it man Read full article
The GBP/USD pair gained some positive traction on Monday and shot to over a one-week high during the early part of the European session. Spot prices, Read full article
Monday's US economic docket highlights the release of Durable Goods Orders data for May. The US Census Bureau will publish the monthly report at 12:30 Read full article
EUR/USD consolidation stays seen as temporary ahead of an eventual sustained break below the 2017 and YTD lows at 1.0350/41, in the view of economists Read full article
USD/CAD fell sharply on Friday and has tested significant near-term support at 1.2864/58 on Monday. A break below here would signal a swing lower with Read full article
The USD/CAD pair attracted some dip-buying near the 1.2865-1.2860 congestion zone and bounced nearly 40 pips from a one-and-half-week low touched earl Read full article
EUR/USD is nearing 1.06000, building onto the Asian rebound in the European session on Monday, as positive global momentum continues and weighs heavil Read full article
GBP/USD has gained traction early Monday. As FXStreet’s Eren Sengezer notes, the pair faces next hurdle at 1.2360. 1.2280 aligns as first support “GBP Read full article
The AUD/USD pair struggled to capitalize on Friday's goodish rebound from sub-0.6900 levels and met with a fresh supply on the first day of a new week Read full article
NZD/USD has found dcent support at 0.62. Economists at Westpac expect the pair to range between the latter and the 0.66 mark multi-week. Kiwi to hit 0 Read full article
