Currency Analysis & Opinion

Market Overview Markets are reacting to the news that the threat of a trade war between the US and China has been put on hold, for the time being. Talks between US and Chinese negotiators seem to be...

By Vincent Mivelaz The general election in Italy early March has been a significant source of uncertainty for the single currency. Since then, the big winners from the nationalist League and 5 Star...

The Japanese yen extended the upside last week with USD/JPY above the 111 threshold, the highest level since February 2nd. Most of the move could be explained by a renewed sell-off in US Treasury,...

First, a review of last week’s forecast: EUR/USD. Recall that about 70% of experts expected that the pair would rise at least to the height of 1.2050. However, the bulls' strength dried up...

Today is fairly light on the data front. The only notable exception will be Canadian inflation and retail sales figures, which will be released later at 13:30 BST (08:30 EDT). CPI inflation is...

Market Overview Market sentiment is slightly more cautious as a period of consolidation seems to be taking hold. With the talks between the US and China on-going there is a sense that newsflow is...

The dollar continues to find good support thanks mainly to ongoing expectations that the Fed will be tightening its policy more aggressively relative other central banks in the near term outlook. This...

The Brazilian central bank held interest rates steady yesterday at odds with market expectations. Indeed, market participants expected that the BCB would keep going with its easing cycle by cutting...

The last 12 hours have seen some notable moves in sterling, with the pound first pushing higher on reports late last night that the UK is prepared to remain in the customs union post-Brexit, before...

Market Overview US bond yields continue to climb and with yield differentials a key factor once more driving forex markets, this is helping to underpin dollar strength. This is showing with the...

The EUR/USD is breaking down as the dollar upsurge continues. This follows buck-denominated gold's meltdown from the day before. The metal remains under pressure amid an appreciating US dollar and...

EUR/USD Testing hourly support at 1.1812 EUR/USD is starting a bearish consolidation after declining at 1.1817, testing hourly support at 1.1812 (25/12/2017 low) and heading along 1.1815. The pair is...

Market Overview Rising inflation expectations has pulled longer dated US yields higher in 2018. However, the move on the US 10 year Treasury yield had stopped short of breaking out above its December...

The FTSE climbed higher across most of today’s session supported by a weaker pound, following a mixed labour report and the house builders following promise of a higher dividend by Taylor Wimpey...