Currency Analysis & Opinion

The pound has started the new week how it ended the last one: lower. It fell below the $1.34 handle for the first time since December earlier this morning before bouncing back slightly ahead of Brexit...

Market OverviewMarkets 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 MivelazThe 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 before...

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...

After a moderate pullback last week on soft US inflation readings, the US dollar has rebounded strongly this week to resume and extend its rising trend that has been in place for the past month. This...

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 Turkish Lira was swinging in a precarious position after losing over 21% against the USD since the start of the year.Geopolitical and domestic uncertainties, real interest rates are negative, and...

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 OverviewUS 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 support...

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 OverviewRising 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...