Currency Analysis & Opinion

Concerns about global economic health, Brexit stalemate and Sino-American trade tensions continue to generate great demand for the franc despite economic releases pointing towards an economic...

A set of votes late Monday left Parliament paralysed and unable to take a clear course on Brexit despite the clock ticking on a final decision on how the UK will leave the EU. With all of the...

EURUSDThe euro weakened further on Monday, closing at 1.1205(-18 pips) against the greenback. The EUR/USD pair finishes Monday at daily lows around 1.1198, as the dollar gathered momentum in the last...

Market OverviewThe Federal Reserve turning dovish should be a trigger to sell the dollar, but apparently not quite so. Up against a raft of other even more dovish central banks, the economic...

The first quarter was a tough one for the US dollar. After the flash crash at the beginning of the year, USD/JPY engaged in a steady rally that took the pair from a flash crash low of 104.78 to a high...

1st April and the UK remains part of the EU. I guess the joke is on us. However, the sterling is no longer getting the “kick the can” bounce. Prior to last week, GBP had benefited from...

Market OverviewA surprise jump and better than expected Chinese PMI surveys have boosted market appetite for risk this morning as traders begin the second quarter on a positive note. The official...

The latest look at manufacturing in the UK has shown a bigger than expected rise, with the PMI for March moving up to 55.1 - the highest level in a year and well above the 52.0 seen last time out....

Market OverviewGiven the yield curve inversion, the renewed strength of the dollar has been remarkable. Traders seem to be positioned where whatever negative economic implications may be signalled,...

What light through yonder window breaks?Perhaps it’s emitted by two motions that won more indicative votes last night than UK PM Theresa May's withdrawal agreement did after two hearingsThe plan...

Investors are currently trapped in a vicious cycle: they keep rotating out of the risk of stocks, into the safety of bonds, then into the safe-haven yen. In the meantime, traditional havens gold and...

Yesterday evening was a total disaster in the House of Commons. After hours of discussion, MPs passed on all eights Brexit alternatives put to vote.As expected the “no deal” plan B...

So, the UK parliament couldn’t find a consensus on Brexit last night after MPs voted on eight different options and – lo and behold – there was majority for absolutely none of them....

With bond yields continuing to fall, it’s becoming too difficult for other markets to ignore and raises the prospects that sentient could finally crack. And that could see a lower USD/JPY.Whilst...