Currency Analysis & Opinion

Welcome to a new trading week. Risk appetite improved around the world after signs of cooling in U.S. inflation and the prospects of a dovish tilt by the Federal Reserve. The U.S. dollar weakened...

Whilst supply runs its course this week, and the macro-focused participants await US CPI tomorrow, one development that has caught our attention is the sharp tightening of swap spreads. There...

The dollar remains in correction mode and the market is watching the news from China regarding the approach to its Covid-19 policy. Today's market focus will be on the US mid-term elections. We expect...

The market major is beginning the new week of November confidently and cheerfully, balancing near 0.9940. The market has fully recovered from the damage done by the November meeting of the US...

Repeated intervention fails to deliver intended impact on yen Dollar remains supported thanks to a very hawkish Fed USD/JPY holding above key support in a strong bullish trend Speculation over China...

The Bank of England faced a choice today between a ‘hawkish’ 50 basis-point rate hike and a ‘dovish’ 75bp – and in the event, it chose the latter path. Unlike the Fed...

It is a busy week for FX markets, with key policy rate meetings on both sides of the Atlantic and some tier-one data releases. The question to be answered this week: is the Federal Reserve ready to...

BoJ inaction means policy divergence grows larger Japan government intervention ineffective Dollar rebound amid haven flows By standing pat on monetary policy despite the recent inflation spike and...

Please find below the link to today’s Daily Technical Analysis of FX covering Spot EUR/USD, GBP/USD, EUR/GBP, USD/INR, USD/BRLT &...

It's been another day of follow-through selling in the USD – the DXY has smashed through the 50-day MA and Oct. 4 swing low, and it’s been a steady stream of dollar sellers – USD/CNH...

Here are our four scenarios for the European Central Bank and their related implications for the currency and rates markets. A 75bp ECB hike is our call; it's what markets are expecting too. Attaching...

As the FX market awaits the big ECB and Fed meetings over the next week, the hottest topic right now is what Chinese authorities are doing with the renminbi. Having tried to stabilise it since late...

Please find below the link to today’s Daily Technical Analysis of FX covering Spot EUR/USD, GBP/USD, EUR/GBP, USD/INR, USD/BRL & USD/MXNFind the Sterling in Minute 2,34:...

Many parts of the FX market are starting to see the emergence of trading ranges - although Asian FX now looks like the weak link here. Despite this consolidation, FX traded volatility levels remain...