Currency Analysis & Opinion

The just-released US PPI report was weaker than expected and we saw an immediate drop in the dollar in response. Earlier we had mixed-bag UK employment data helping to lift the pound across the...

USD In contrast to last week’s drama, the broad dollar has seen a relatively muted start to the week, trading rangebound on Monday. We see little reason for this dynamic to change today either. The...

Today’s jobs report should prove net neutral for the MPC when all details are considered. We think policymakers can look through a surprise drop in unemployment, keeping the Bank on track to cut...

GBP/USD is stabilizing ahead of key US and UK inflation data this week. Strong US inflation could shift rate cut expectations, while UK data may influence the Bank of England’s decisions. The pair...

The US dollar has been attempting to stage a recovery. But, the greenback remains in a broader downtrend. Retail sales, CPI data could ignite a move in the US dollar index. For less than $8 a month,...

USD The dollar starts the week in a quiet fashion after a very volatile week which saw it break out of recent ranges against its main counterparts, notably the EUR and JPY.  With a busy calendar...

USD The US dollar was fairly flat during yesterday’s trading session as the summer holiday period is in full swing. The US dollar Index (DXY), which measures the value of the dollar against six other...

USD Treasuries slid as stocks rebounded and recouped Mondays losses as EURUSD closed the day down 0.3% from Tuesdays open. Vice-president Kamala Harris and her newly announced running mate Tim Walz...

While US indexes, Nikkei futures, the USD/JPY and commodity dollars – some of the assets that have come under intense pressure – all bounced off their lows on Monday, we haven’t seen much...

USD The broad dollar’s slide at the back end of last week continued through Monday morning and into early afternoon, propelled by yen carry trade unwinds and fears that overly tight Fed policy would...

Rising US unemployment and recession fears have weakened the US dollar. The EUR/USD pair is nearing the key 1.10 level, poised for potential gains. Economic data and a potential Fed rate cut could...

USD After Fed Chair Powell placed the labour market in the spotlight, a series of weak leading indicators combined with last Friday’s jobs report delivered a damning verdict. All softened more than...

After Fed Chair Powell put the labour market front and centre at Wednesday’s FOMC meeting, all eyes have been on employment indicators in recent days. Those readings have proven unanimously...

USD After Fed Chair Powell put the labour market in focus on Wednesday evening, yesterday brought some unwanted developments. Initial jobless claims overshot expectations by 13k, shortly followed by...