Currency Analysis & Opinion

CustomaryHow much of Labour’s post-Brexit take on EU trade is too much for the market? We still don’t know for sure but the market gave a nod of support after Labour backed a customs...

Below you will find a technical analysis on the major forex pairs: AUD, CAD, CHF, EUR, GBP, JPY, NZD

The greenback started the week off the wrong foot and partially erased last week’s gains. The dollar fell across the board as the risk sentiment continued to improve.The dollar index was off...

Market OverviewThe recovery seen on the US dollar in recent sessions seems to once more be ebbing away as traders have come back to their desks to sell the Greenback on Monday morning. Treasury yields...

First, a review of last week’s forecast. It should be noted that the forecast for bitcoin and other cryptocurrency pairs proved to be almost 100% correct.EUR/USD. Recall that, in the short term,...

The stock markets remained on the edge this week as bond yields eased slightly while the dollar bounced back.As we approach the end of the week, a sense of calmness could be felt across the markets....

After taking a breather on Thursday, the US dollar extended gains Friday amid easing rate concerns. US treasuries were better bid, which sent yields lower. The 10-year fell 3bps to 2.90%, while on the...

While the Bank of Canada has moved ahead of the European Central Bank in raising interest rates first, this hasn’t stopped the EUR/CAD from rising. So, has the BOC moved too prematurely and thus...

Market OverviewAs we move towards the end of the week, markets are beginning to look more settled. The spike higher on US Treasury yields in the wake of the FOMC minutes has calmed down with the US 10...

As the US dollar pulled back on Thursday after its recent rebound from multi-year lows, the Canadian dollar experienced heightened volatility after Canadian retail sales data for December came out on...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The sellers are back and they have driven the U.S. dollar lower against all of the major currencies. Thursday’s move had...

Potentially market-moving data from New Zealand will be the main point of focus once trading on Wall Street ends tonight.At 21:45 GMT, Statistics New Zealand will report the latest quarterly sales...

The latest economic growth figures for the UK have been revised lower by the ONS meaning that Britain was the slowest growing major economy last year. The pound has fallen below the 1.39 level against...

EUR/USD Bearish bias EUR/USD is decreasing further, breaking hourly support at 1.2276 (14/02/2018 low) and heading to further resistance at 1.2165 (17/01/2018 low). Hourly resistance at 1.2510...