Currency Analysis & Opinion

During the Asian day Tuesday, the RBA will announce its interest rate decision. The Bank is forecast to remain on hold once again, something we agree with. When they last met, RBA officials kept...

NZD/USD paired losses on Monday morning as 2-year inflation expectations eased to 2.02% in the fourth quarter from 2.09% in the previous one. The Kiwi lost another 0.35% against the greenback and...

A quiet start to the week as investors cautiously watch President Trump's every move in Asia. With tensions so high and Trump uncanny ability to trigger controversy, traders are unwilling to further...

USD/BRLI've written for two months about how the market was Neutral. I've written such things as: I am certain that we will not continue being Bearish unless this band 3.0860 - 3.0400 (possibly...

USD/INR In last month's review I pointed out: The turn lower that happened last Thursday was with a Bearish Dark Cloud Cover Pattern combined with a Bearish Closing Long Black Marubozo Pattern. Prices...

AUD/USD Last time I wrote l keep the bullet point at Neutral but the previously mentioned Bearish action plus now the idea that we may have later a possible Double/Triple Top for this market (see the...

EUR/GBP Last month I wrote: We are underneath the Medium MA resistance but above the Long MA (currently 0.8723) support. Consecutive closes above or below either of these two would likely suggest the...

The past week was clearly a busy one for currency markets, filled with major macroeconomic events and data releases, most notably the US Federal Reserve’s FOMC statement, the Bank of...

EUR/USD Last month I pointed out the possibility of not just one, but two H+S Tops within each other. More accurately, forming (2nd Shoulder at that time) a H+S Top with a H+S Top having already...

According to statistics, more than 85% of transactions in financial markets are made with the participation of the US dollar, and about 30%, with the participation of the euro. So, what do experts...

It was a busy, mixed afternoon for US data, one that the dollar seemingly ended up deciding was broadly positive. While the headline non-farm figure rocketed higher from the hurricane-hit (but upwards...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.91; (P) 149.71; (R1) 150.76; The break of 148.88 minor support argues that choppy recovery from 146.92 has completed at 151.92 already. Intraday bias is...

U.S. Employment Report and the Non-Farm Payroll number out today…my FX and Bitcoin broadcast at CME London today: Disclaimer: ADM Investor Services International Limited is authorised and...

The pound has managed to bounce back a little this Friday morning after taking a plunge on Thursday when the Bank of England delivered a so-called dovish rate rise. Sterling found mild support on the...