Forex Analysis

Powell restated the possibility of consecutive interest rate hikes. Lagarde solidified expectations for the ninth consecutive ECB rate hike. Lagarde...

Australia experienced a slowdown in consumer inflation in May. There is a lower chance of a June RBA rate hike....

The bias is bearish, so a further drop is expected. A new lower low activates more declines. The S1 is...

Canada’s annual inflation rate decreased to 3.4% from April’s 4.4%. Money markets perceive a roughly 60% likelihood of a BOC...

The bias remains bearish after failing to stay above the median line. The US and Canadian data should move the...

The Canadian dollar traded near a nine-month high against the US dollar. Oil rose due to potential supply disruptions intensified...

The ECB will likely continue raising interest rates even as the economy slows. The ECB raised interest rates to their...

A survey revealed a second consecutive monthly deterioration in German business morale. Eurozone business growth came to a virtual halt...

The Japanese yen weakened beyond 143 yen against the dollar. Monetary policy divergence between Japan and the US keeps growing....

The dollar rose after hawkish statements by Fed Chair Jerome Powell. A succession of global interest rate hikes unsettled investors....