Currency Analysis & Opinion

Today China’s National People’s Congress reduced its economic growth target to 6.00-6.50%, announced a policy of “easing for stability” and initiated meaningful tax cuts....

Market OverviewGiven the suggestion over the weekend that the US and China are close to coming to an agreement on trade, it was interesting to see the reaction of the bond markets yesterday. Treasury...

Important data for this weekNonfarm PayrollsInterest Rate DecisionADP (NASDAQ:ADP) Nonfarm Employment Change We will follow the data. My weekly technical analysis EUR/GBP: The pair's resistance levels...

A much-hoped-for trade deal between the world's two largest economies is closer than ever, and China's yuan is strengthening. An integral part of the deal is China’s concessions to play by the...

The EUR/USD pair is still unable to break above the 1.14 figure that the prices were challenging last week.On Monday, the common currency continues to lose ground amid a better tone around the dollar....

Market OverviewOnce more traders come into a new week with thoughts of the US/China trade negotiations on their minds. Press reports from the Wall Street Journal over the weekend suggested that both...

First, a review of last week’s events:EUR/USD. For the first half of the week, the euro was growing due to expectations that the UK’s exit from the EU will be postponed indefinitely. The...

Sterling’s ‘sell-the-news’ pullback remains tidy with no remarkable volatility.Brexit fatigue Still, as the pound hovers near $1.32 from as high as $1.3350 a day ago, the question of...

Market OverviewThe dollar has turned another corner and taken a big recovery step in the wake of much better than expected US growth. Amid all the talk of patience from the Federal Reserve, there is a...

The fiat money quantity is comprised of fiat money both in circulation and available for circulation, being parked at the central bank in the form of the reserves of depository institutions. The...

Earlier, we wrote that the euro was showing relative strength across the board today. Although the EUR/USD’s rally faltered as the stronger US GDP data underpinned the dollar, other euro crosses...

Theresa May gets to play Brexit for at least another day (two weeks in fact.)The strategic nous of Labour’s Yvette Cooper is also becoming clearer Cooper earlier backed a (stalking horse?)...

Despite recent weakness in Eurozone data, the EUR/USD has held its own relatively well with the single currency showing relative strength across the board today.The likes of the EUR/GBP, EUR/JPY and...

Prime Minister Theresa May is set to update parliament on any progress towards securing a Brexit deal. A debate and vote will follow, though not a ‘meaningful one’, which will now have to...