Currency Analysis & Opinion

Market OverviewMarkets have entered into a very tentative mode of trading since the FOMC meeting on Wednesday. Concerns over subdued inflation continue to hamper any trending move for the dollar,...

Although we had three central bank meetings in Europe today, the biggest move in the FX markets was triggered by a speech from the Bank of Canada’s Governor this afternoon which sent the...

Earlier today, I took part in a number of Core Finance TV broadcasts covering bitcoin, FX majors and minors.You can watch the broadcasts on the links below: Special piece on Bitcoin USDJPY, AUDUSD...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Despite strong U.S. retail sales, there was very little consistency in the performance of Thursday's U.S. dollar. The greenback...

Gold Initiated Upward Correction With Potential of a Trend Reversal, Eyes on U.S. DataAfter last week's major break for the sideways congestion, gold plunged to five months fresh-lows at 1236.55 on...

The pound has managed to put ongoing Brexit and political uncertainties behind it as it finally responded to domestic economic news. On Tuesday we found out that the UK CPI inflation unexpectedly...

GBP/USD Rallies As Market Undigested FOMC Statement, Eyes on MPC VoteGBP/USD made a reverse turn yesterday and rallied 118-pips after clocking 1.3428 high as market was anticipating a hike by the Feds...

Market OverviewThe outlook for the dollar has taken a hit over the past 24 hours and now seems to be at a near term crossroads and inflation could be the driver. The main catalyst has been a weaker...

There is little to add to the current narrative which is that the FOMC is expected to hike rates by 25bps this evening, lifting the Fed funds rate to 1.5%. Beyond this, the dot plot is also unlikely...

The US dollar ended higher for the fifth consecutive day on Tuesday ahead of key fundamental events from the world’s largest economy over the next 30 hours or so. It all started with the release...

More inflation disappointment drove the dollar lower this afternoon, as investors process what the latest data means for this evening’s Federal Reserve statement. Though the headline number...

Most markets are highly anticipating a hike today by the U.S Fed with 0.25% basis to initial 1.25%. Analysts are supporting the rate hike decision especially that Mrs. Yellen has recently stressed out...

EUR/USD edging lowerEUR/USD's bearish momentum is very strong. Hourly resistance is given at 1.1961 (27/11/2017 high). Hourly support given at 1.1713 (21/11/2017 low). Expected to show continued...

After surging across the board yesterday, the US dollar partially reversed gains during the Asian session, with the dollar index returning towards 94.00 following a positive surprise in the PPI...