Currency Analysis & Opinion

Europe Charges Higher, Dollar Remains Weak Post US Inflation DataIndices across Europe are seen opening higher as positive sentiment spills over from US and Asia. Despite an early sell off on Wall...

What a dramatic day it turned out to be. US inflation data surprised to the upside while retail sales disappointed. The dollar jumped then sold off. Stock indices also fell sharply before bouncing...

U.S dollar that has been depreciating, last week showed a slight recovery, however, the downtrend trend may last some more time.Analyzing some of the majors on forex - EUR/USD, USD/JPY and NZD/USD...

The last jobs report is still in everybody’s mind as it had some unexpected consequences. Indeed, the upside surprise in wage growth triggered last week's equity sell-off and sent equity...

Japan's Q4 2017 real GDP rose 0.1% Q/Q and annual 0.5% Q/Q, below expectation for annualised 1.0% increase. However, the Japanese economy has now experienced two years of growth. In a marginal shift,...

Increase maintainedEUR/USD broke resistance at 1.2356 (24/01/2018 high) and challenges the 1.24 range. New hourly resistance is now at 1.2537 (25/01/2018 high) while hourly support is maintained at...

The pound staged a small rally after this morning’s publication of the latest UK inflation figures, before giving back a sizeable chunk of its gains against the dollar. It actually turned...

EUR/USD has been trading within a wide range since mid-January, as investors remain sceptical about further gains. After hitting 1.2537 on January 25th, the single currency has been grinding lower and...

EUR/USD Heading higherEUR/USD is approaching resistance at 1.2356 (24/01/2018 high). Support is located at 1.2165 (17/01/2018 low). The technical structure suggests further upside moves. In the longer...

EUR/USDAn indecisive spinning top pattern as the market extended its fall down to the centre tine support of the bullish June - September schiff pitchfork (currently 1.2212)…we’ve almost...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.U.S. stocks started the week with a rally strong enough for market participants to hope that the panic selling is over. Between...

Last week’s volatility in equities spurred investors into safe-haven US treasuries, pushing the 10-yr yield from 2.8% down to 2.6%.This Wednesday’s US consumer price data, we believe, will...

Bank of England jawboning to no availJust as Humphrey Bogart never said, 'Play it again Sam' neither did Jack Webb say, 'just the facts ma'am'.Don’t like old movies? Never mind. The point is a...

Weekly Market Outlook The FX market has been only slightly affected by the sell-off in equities. Even safe-haven currency were of limited interest to investors. EUR/CHF spent most of the week trading...