Currency Analysis & Opinion

The US dollar was on course to end sharply higher yesterday until Donald Trump spoke. While the greenback has steadied and could still push higher, market participants are now in no doubt what the...

GBP/CHF continues to fall inside the hourly Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 6-bar level –...

European stocks have got off to a slow start after President Trump criticised the Federal Reserve for its policy of pushing rates up, while the Chinese yuan weakened to its lowest levels in a year,...

Our last update of GBP/JPY came out on December 5th, 2017. It was focused on the long-term perspective and based on the daily chart of the pair, which did not look very encouraging for the bulls at...

Market OverviewDonald Trump is never far away from the minds of traders. The dollar has been consistently strengthening throughout this week, but the dollar bulls have been stopped in their tracks by...

As the economy is giving signs of recovery, the South African Central Bank (SARB) is expected to maintain its Repo rate unchanged during today’s monetary policy meeting.Chairman of the Federal...

To say this week has been a poor one for the British pound is an understatement. The downbeat currency – already reeling from ongoing Brexit and political uncertainties – has been hit...

Market OverviewIt looked as though traders were set to take a pause for breath on the recently renewed dollar strength, but that does not seem to have lasted too long as the dollar bulls have quickly...

The British Pound has tumbled to a new low for the year after UK CPI inflation data missed market expectations. The general market consensus was for inflation to inch higher to 2.6% versus the 2.4%...

GBPUSD came under further pressure following the release of June UK CPI which showed an annualised rise of only 2.4%, the same as May and April, which is the weakest scale of rising inflation since...

The UK consumer price index unexpectedly came in flat at 2.4% Y/Y for June, and considering that an increase to 2.6% was expected this is a negative shock for the pound.Sterling has slipped to its...

Despite May 3-month unemployment data given at 1975 low (4.20%), sterling dropped against its major peers amid disappointing wage growth and mounting uncertainties relating to yesterday’s...

Sterling can’t catch a break. Just as it appeared the Bank of England might be gearing up to raise rates in August, the chances of a hike were dealt a serious blow by June’s disappointing...

It looks set to be a decent day for Easyjet after their latest trading update. The rise in crude oil prices over the past 12 months doesn’t appear to have hit margins at Easyjet, and while costs...