When a currency weakens too quickly, central banks often step in. The objective is clear: stabilise markets, restore confidence, and if possible, reverse the move. But history suggests the reality is more complex. Intervention can slow a … [Continue reading]
Japan CFTC JPY NC Net Positions: ¥-72.9K vs previous ¥-62.8K
When a currency weakens too quickly, central banks often step in. The objective is clear: stabilise markets, restore confidence, and if possible, reverse the move. But history suggests the reality is more complex. Intervention can slow a … [Continue reading]
Australia CFTC AUD NC Net Positions: $81.5K vs $70.9K
When a currency weakens too quickly, central banks often step in. The objective is clear: stabilise markets, restore confidence, and if possible, reverse the move. But history suggests the reality is more complex. Intervention can slow a … [Continue reading]
US Dollar Weekly Forecast: Supported by policy, tested by geopolitics
The week that wasLooking at the weekly chart, the US Dollar (USD) has traded in a choppier, more volatile fashion, struggling to build on the strong gains seen the previous week.As has been the case lately, markets have remained cautious, with … [Continue reading]
GBP/USD slips after blockbuster NFP revives Fed hold outlook
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of … [Continue reading]
USD/JPY weakens despite strong US NFP as intervention risks cap gains
USD/JPY trades with a mild downside bias on Friday as lingering intervention fears support the Japanese Yen (JPY), even as the US Dollar (USD) remains firm against its major peers following the upside surprise in US Nonfarm Payrolls (NFP) data. Thin … [Continue reading]
EUR/USD Weekly Forecast: War headlines and US inflation update to shape markets
The EUR/USD pair finished a second consecutive week a handful of pips above the 1.1500 level, seesawing between gains and losses in line with United States (US) President Donald Trump's rhetoric on the Middle East war. Financial markets revolved … [Continue reading]
GBP/USD Weekly Forecast: Solid on the surface, fragile underneath
Another bearish week for the British Pound led to the second consecutive weekly retracement for GBP/USD, which was primarily driven by geopolitical concerns rather than domestic issues, while market participants currently do not expect the Bank of … [Continue reading]
USD/CAD edges higher after strong US NFP payrolls
The USD/CAD rises some 0.14% on Friday after an outstanding employment report in the US, which exceeded economists projectio by almost three times, according to the US Bureau of Labor Statistics (BLS). At the time of writing, the pair trades at … [Continue reading]
EUR/USD steadies below 1.1550, awaiting US payrolls’ data
The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway … [Continue reading]