Currency Analysis & Opinion

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 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...

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...

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...

The US dollar reversed losses yesterday amid heightening geopolitical tensions in the Middle East. Indeed, after the Syrian situation and the Iran nuclear deal, now we got the Gaza killings following...

Market OverviewThe signs are that talks between the US and China over their disputes on trade seem to be progressing. Although there is still clearly a long way to go yet, there is a suggestion that...

With quarterly GDP readings scheduled to be released from both the euro area and Japan this week, currency market focus has shifted in part towards EUR/JPY – one of the most widely traded of the...

Forex traders might be confused right now. Despite all the recent talk about a dollar bottom, today the dollar fell for a fourth straight day.The dollar is following “sagging US yields sap[ping]...

This week will be lighter in terms of major scheduled economic events than last. That being said, there are still some potentially market moving data to watch.Among other things, we will have the...

Sterling has made a bright start to the week, moving higher across the board on rising hopes that the UK may be set to join the EEA (European Economic Area) post-Brexit. The positive developments come...