Currency Analysis & Opinion

The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...

Canadian freight rail could grind to a halt due to strike action, possibly as early as August 22nd A short-term shutdown should have minimal economic impact, though a more prolonged shutdown remains...

USD The broad dollar slipped a further 0.5% yesterday, albeit the move lower belied a lack of market-moving data. Today, the focus should remain on the greenback, with payrolls revisions and FOMC...

USD The greenback continued its slide to start the week, with the broad dollar giving up almost 0.5% despite a light domestic data calendar. That said, these selloffs leave the greenback looking...

The EUR/USD pair is nearing a critical resistance level at 1.11 as the greenback weakens ahead of Jackson Hole. Federal Reserve minutes and Jerome Powell’s Jackson Hole speech are key this...

We discussed the prospect of a low on the Japanese Yen currency several weeks ago. You can see the original chart below. The Japanese Yen did rally off important price support and many assets...

USD The USD starts the week continuing its recent trend of softness. The USDXY, which measures the USD against a basket of currencies, is hovering just above year-to-date lows. The move lower is, of...

USD: Price action is dollar negative DXY is this morning breaking under 102.16 - the low seen during the flash crash of Monday 5 August. There is no flash crash underway today and instead, the...

EUR/USD has posted a new yearly high as the pair continues to attract buying interest. The bullish momentum seen earlier this month has re-emerged this week pushing the euro past the 1.10 mark...

The Norges Bank has maintained the deposit Rate at 4.50%, matching market consensus and our own pre-announcement call. That said, today’s rate announcement was never likely to be in doubt – as we...

USD The broad dollar ended Wednesday trading flat, ending the greenback selloff that has been a major theme through the early part of the week. Stepping back though, this leaves the dollar scanning...

July’s core inflation meets expectations after two successive months of downside misses. The 0.2% MoM growth seen across headline and core prices marks a rebound from June’s soft set of prints,...

USD Yesterday saw yet another greenback slide, with the broad dollar dropping 0.5% as a soft PPI print saw traders reassess their PCE estimates, triggering a further modest acceleration in Fed easing...

UK inflation rose less than expected in July, further supporting a September cut to Bank Rate after yesterday’s mixed set of labour market prints. Headline price growth rebounded to 2.2% last month,...