Currency Analysis & Opinion

Monday April 8: Five things the markets are talking aboutGlobal equities have opened slightly lower overnight as the market takes stock of last week’s rally, following progress in U.S-China...

Pound in focus at the start of a big weekThe pound is edging higher at the start of what could be a decisive week for the currency with Brexit once more at the front and centre of traders’...

Market OverviewWith bond yields dropping back this morning there has been a degree of corrective pressure building on the US dollar to start the week. There has not been any real catalyst behind the...

AUDUSDThe Australian dollar fell on Friday, closing at 0.7105(-3 pips) against the greenback. The Aussie was relatively flat towards the end of the week, trading has been stuck in a narrow range...

Since the end of January, AUD/JPY has traded in a sideways range between 77.44 – 79.84. It’s unclear at this stage which side it will eventually break out of but, we see potential for...

A summary of the weekly Commitment of Traders Report (COT) from CFTC to show market positioning among large speculators.EUR: Large speculators are the most bearish on Euro since December 2016. AUD:...

It seems that the Japanese yen (unlike the greenback) can’t get rid of poor economic data. Poor February exports figures of -1.20% (prior: -8.40%) in negative territory for the third consecutive...

Market OverviewAccording to Chinese vice Premier Liu He there is a “new consensus” on trade between the US and China, whilst President Trump added that “we’ll know more in four...

AUDUSDThe Australian dollar fell by a margin, closed at 0.7112(-4 pips) against the greenback. With little economic data to focus on, the AUD/USD traded between .7098 and .7127, consolidating upon the...

The US Dollar Index is trading near the top of its 6-month trading range ahead of Friday’s US jobs report. The greenback’s strong performance is surprising to say the least given the...

Notwithstanding relief from last night’s 1-vote parliamentary majority against ‘no deal’, the brittle breakthrough just changes the flavour of uncertainty. Sterling peaked around 30...

Financial markets are rather quiet this morning. The FX market remains under the influence of both Sino-American trade talks and Brexit while the drop in German February manufacturing orders has also...

AUDUSDThe Australian dollar rallied on Wednesday, closing at 0.7114(+58 pips). The Australian dollar continues its swing on Wednesday, rallying hard on stronger domestic data from both home and abroad...

It has been a rather volatile day for the pound, as investors reacted to the latest Brexit headlines and data from both sides of the pond. At the time of writing the GBP/USD was still just about...