Currency Analysis & Opinion

The euro has been able to extend its gains after the Catalan president suspended declaration of independence from Spain on Tuesday, in a confusing statement. Carles Puigdemont stopped short of making...

The week has been pretty light in term of economic data so far. Today is different as the minutes of the September FOMC meeting are due for release later today. Beside the fact that the minutes will...

Today, the main event will be the release of the minutes from the FOMC’s September policy gathering, where the Committee kept interest rates unchanged and announced it will begin to reduce the...

Forex Daily Technical OverviewGBP/USD Intraday: the bias remains bullishPivot: 1.3175 Our preference: long positions above 1.3175 with targets at 1.3225 and 1.3260 in extension. Alternative scenario:...

Market OverviewThere has been a notable change in sentiment for the dollar in the past few sessions. The run of dollar strength in the past month came with a combination of factors including a more...

A week ago, the Reserve Bank of Australia kept interest rates steady at the record low 1.50%, as widely expected. In opting to keep rates unchanged, the RBA cited several concerns, including low wage...

We remain short on the euro: the current EUR/USD rally to 1.1810 is an opportunity to reload short positions. Why?Markets are underestimating the risk of Catalan independence. Nobel prize-winning...

Not a lot changed as the afternoon went on, the market maintaining the positions it found itself at the start of the day despite a string of relevant news releases. Most prominent was the latest...

The pound has stormed back to life at the start of this week, rising from a low of 1.3030 to a high so far of 1.3200 against the dollar. Its rebound comes after a sharp drop at the end of last week,...

After experiencing a solid recovery in the second half of September the US dollar reversed gains, partially at least, and started the week on the back foot. The dollar index traded as low as 93.43...

We suspect the market is underestimating the risk involved with the Catalonia independence movement. EUR/USD 1 month implied volatility continues to decline despite potential event risk.Markets...

Since the dust began to settle in the wake of Friday’s hectic Non-farm Payrolls there seems to have been a shift in sentiment for the dollar. A correction has started to come through as the euro...

EUR gains should be limited from here as the market awaits the Catalan president Puigdemont's key address to regional Parliament tonight, which we believe will be at 6.00pmEuropean (Central) time. All...

Volatility is thin on the ground for most markets at the moment with the Vix trading close to 10 and stock indices close to record highs. For those looking for a change in trend or rising volatility...