Currency Analysis & Opinion

The euro was coming under increased pressure to break lower following the publication of further soft Eurozone data this morning, with investors also dumping stocks, government bonds and commodities...

Ensuring its seat as South African President, Cyril Ramaphosa is facing challenges looking forward. Threats of a potential sovereign debt downgrade from Moody’s during its next assessment in...

The European Parliament's elections started today in the Netherlands and the UK. Results will not be broadcast until Sunday evening when all EU counties had time to vote.In the UK, Conservatives are...

Thursday May 23: Five things the markets are talking aboutU.S equity futures and European bourses are again under pressure, following Asian stocks lower, as Sino-U.S trade tensions show little sign of...

Market OverviewRisk aversion is building once more amidst the ongoing US/China trade dispute and political uncertainty in the UK. There is little prospect of any resolution of the US/China trade...

It’s been a rough old time for the British Pound. Since the start of the 2nd week of May it’s been completely freefalling. GBPUSD has dropped over 1000 pips to 1.26390 at the time of...

Friendless and running out of time, the heightened speculation that Theresa May might be moving out of No. 10 very soon cranked up the pressure on an already exhausted pound. Things are so bad for...

This morning’s UK inflation numbers were below forecasts, although the pound – already lower on the day – didn’t respond much. This is not a surprise whatsoever as the focus...

Market OverviewAfter weeks of political procrastination since the deadline extension to Article 50, finally something substantial to go on for Brexit. Beleaguered Prime Minister May will try for a...

News that UK inflation was back above 2.0% meant little to the pound, which remained glum as it digested the latest Brexit events. At 2.1%, April’s CPI reading was ahead of March’s 1.9%;...

The pound continued to experience volatility on Tuesday after Theresa May gave a speech on Brexit.Prior to her speech the pound had rallied, piercing $1.28 on hopes of Theresa May offering Parliament...

They say a week is a long time in politics, but a day can be a long time for an analyst's comment as after hitting its lowest level since January this morning, the pound is now trading higher against...

Kathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup May 20, 2019Mark your calendars. This week should be another busy one for currencies. Like recent weeks,...

Inflation in the U.K. has now scaled above the Bank of England’s 2% target, and London economists expect annual consumer price inflation to reach 2.1%. If they are right, it would be the fastest...