Forex Opinion & Analysis
USD/CAD: Canadian Dollar Lower Ahead of US, Canada Jobs Data
07.02.2025
USD/CAD: Canadian Dollar Lower Ahead of US, Canada Jobs Data
The Canadian dollar is showing limited movement for the third consecutive day. In the European session, USD/CAD is trading at…
USD/JPY: Yen Eyes US Payrolls, Japan Household Spending Jumps
07.02.2025
USD/JPY: Yen Eyes US Payrolls, Japan Household Spending Jumps
The Japanese yen is in negative territory on Friday. This follows a two-day rally which saw the yen jump 1.9%…
GBP/JPY Ticks Up From 5-Month Low
07.02.2025
GBP/JPY Ticks Up From 5-Month Low
GBP/JPY holds below uptrend line Technical signs are negative GBP/JPY extended its negative movement toward a fresh, almost five-month low…
USD/CAD: Jobs Data Collision Could Cement Loonie’s Reversal
07.02.2025
USD/CAD: Jobs Data Collision Could Cement Loonie’s Reversal
US and Canadian jobs data could fuel fresh volatility in USD/CAD A weak US payrolls print may trigger a larger…
USD/JPY Selloff Inflicts Heavy Technical Damage Ahead of Key US Data
07.02.2025
USD/JPY Selloff Inflicts Heavy Technical Damage Ahead of Key US Data
USD/JPY slumps as BoJ hawkishness and US yield shifts fuel yen gains BoJ’s Tamura sees rates hitting at least 1%…
US Dollar Index and the NFP Jobs Report: What to Expect
07.02.2025
US Dollar Index and the NFP Jobs Report: What to Expect
Consensus forecasts predict an increase of 169,000 jobs, with the unemployment rate expected to remain at 4.1%. Strong numbers (over…
Bank of England Cuts Rate And Strikes With a Dovish Tone
07.02.2025
Bank of England Cuts Rate And Strikes With a Dovish Tone
The Bank of England cut its key rate by 25 basis points to 4.5%, which was in line with analysts’…
AUD/JPY Targets 94.85 After a Quick Bounce
06.02.2025
AUD/JPY Targets 94.85 After a Quick Bounce
Forex Strategy is Bearish: AUD/JPY is currently at 95.26 in a Range and in a channel. We are looking for a quick…
AUD/USD: Australian Dollar Dips as Services PMI Beats Estimate
06.02.2025
AUD/USD: Australian Dollar Dips as Services PMI Beats Estimate
The Australian dollar has snapped a three-day rally on Thursday. In the European session, AUD/USD is trading at 0.6266, down…
GBP/USD: British Pound Near Key Resistance Ahead of BoE’s Rate Decision
06.02.2025
GBP/USD: British Pound Near Key Resistance Ahead of BoE’s Rate Decision
GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed…