Weekly Analyses

Weekly EURUSD, GBPUSD, USDJPY Forex Analysis January 24 – January 31, 2022
Last week, the dollar remained in its ranges but recovered some lost ground from early January, much as we anticipated in our previous weekly edition. The overall USD sentiment remains neutral with a bullish tilt. That could very well be amplified this week given the packed calendar. The Fed meeting on Wednesday is in central focus for Fx traders. It’s not a question “if” the Fed will be hawkish, but rather “how much”? This is the key question for where the USD will trade later this week. There appear to be two relatively probable scenarios for Wednesday’s meeting:
Weekly EURUSD, GBPUSD, USDJPY Forex Analysis January 17 – January 24, 2022
The greenback extended its corrective decline before modesty rebounding on Friday to close the week off the lows. This was despite the US CPI inflation report showing a 7.0 y/y increase, the highest in 40 years (note here that rising inflation usually leads to a stronger currency as it fuels rate hike expectations). With the next Fed meeting scheduled for next Wednesday (Jan 26), the broad consolidation will likely continue, though we may already start to see some flows coming back into the dollar, helping it maintain a firmer tone compared to the past two weeks. For instance, the same argument for positioning may soon start working in the other direction as long positions were probably lightened with the USD decline last week.
Weekly EURUSD, GBPUSD, USDJPY Forex Analysis January 10 – January 17, 2022
The central focus on this week’s US calendar is the CPI inflation prints on Wednesday. Both the headline and core figures are expected to come in hot, which should keep Fed tapering and tightening prospects in place. Potential upside surprises in the CPI numbers would likely lead to USD strengthening as this will further increase the pressure on the Fed to act earlier and swifter.
Where The Major Currencies Will Be Moving In 2022: Yearly Forex Outlook & Scenarios For EURUSD, GBPUSD, USDJPY
King dollar returns with a vengeance as Fed leads CBs in the fight against inflation; Uber-Dovish ECB to keep EUR under pressure in 2022; EURUSD Technicals: Entering 2022 at crucial support; GBP Fundamentals: Can you trust an unreliable BOE to deliver the expected tightening?; JPY Fundamentals: Better yields elsewhere keep bearish yen narrative intact
Weekly EURUSD, GBPUSD, USDJPY Forex Analysis December 20, 2021 – January 7, 2022
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Weekly EURUSD, GBPUSD, USDJPY Forex Analysis December 13 - December 20, 2021
US Dollar Euro Pound Yen Fundamental Outlook EURUSD GBPUSD USDJPY Technical Analysis
Weekly EURUSD, GBPUSD, USDJPY Forex Analysis December 06 - December 13, 2021
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Weekly EURUSD, GBPUSD, USDJPY Forex Analysis November 29 - December 06, 2021
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Weekly EURUSD, GBPUSD, USDJPY Forex Analysis November 22 - November 29, 2021
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