Currency Analysis & Opinion

The US dollar will come under sharper focus this afternoon as market participants await the release of GDP. The report is expected to reveal that the world’s largest economy expanded by an...

The ECB meeting disappointed markets as they were expecting a more hawkish stance from the ECB. Even though it was priced in that the QE would be largely extended, the bond purchase program will now...

Today we will get US Q3 GDP read.On the balance softer retail inventories were offset by stronger wholesalers’ inventories which suggest that GDP should track near 2.8% q/q significantly above...

After seven consolidation sessions where gold was fluctuating between 80+ and 70s area, finally gold has give a clear sign for a deeper dips and washes 6th Oct daily bullish grabber candle at 1260...

EUR/USD was knocked out yesterday as the market undigested ECB's reduced QE size by half and simultaneously extended the duration, thus maintaining the same level of stimulus as before. As a result,...

The US dollar index broke out to the upside on Thursday as markets eagerly awaited the appointment of a new Federal Reserve Chair by President Donald Trump, and the US House of Representatives passed...

The key updates Monthly asset purchases tapered to 30bn euros from January QE program extended until September 2018 Interest rates unchanged Interest rate guidance: to stay low ‘well past’...

Earlier today, I took part in FX Street’s ‘Currency in Play’ broadcast on Core Finance TV covering EURUSD, EURGBP, GBPUSD, USDJPY as well as AUDUSD, USDZAR, USDBRL and USDMXN with...

Traders Cautious Ahead of ECB (Not) Tapering AnnouncementIt’s been a relatively calm start to trading on Thursday and the US is poised to open in a similar manner, as traders await an...

Today, the highly-anticipated ECB meeting will take centre stage, with the Bank being expected to unveil a plan for the future of its QE asset purchases.Market participants are likely to focus on...

The US 10-year yield rose to 2.43, the highest levels since March. A series of factors that provided a confusing outlook for the US look to have converged supporting demand for US assets. Economic...

Today, the main event is obviously the ECB meeting with announcement of the interest rate decision at GMT 11:45 followed by a press conference at GMT 12:30. The question is not whether the European...

Looking ahead to the ECB announcement later today, we can expect a reduction in the APP from Eur60bln down to Eur30-40bln - the lower end of this scale looking the more likely and looks set to prove...

EUR/USD Pushes Higher, Seeing Draghi HawkishEUR/USD has been actively bullish since yesterday rallying from 1.1753 low recording 1.1817 high. Today, the pair extended yesterday's action and pushed...