Currency Analysis & Opinion

On Wednesday the Reserve Bank of India (RBI), policy meeting will be key to EM pricing.It’s widely expected for the RBI to keep rates unchanged, however, there is a high probability of a...

Earlier last night, the Reserve Bank of Australia has held rates unchanged at 1.5% and this has triggered some slight weakness for the Aussie. It is the 14th consecutive months that rates remain...

We continued to see an underpricing of Catalonia risk. Partially since markets tend to expect the least intrusive outcome and partially the market rumours that this is merely a domestic issue. Meaning...

Market OverviewAmid positive risk appetite, the strong ISM data as hastened the recent push higher on Treasury yields, whilst a stronger dollar remains on course. The stronger dollar fuelled by...

EUR/USD has taken somewhat of a beating in the last three weeks as the US dollar has continued to recover from multi-year lows and political concerns have impacted the eurozone. Despite these forces...

Ahead of the Reserve Bank of Australia’s interest rate decision and monetary policy statement due to be released on Tuesday in Sydney, the Australian dollar continues to be weighed down against...

After its super-charged September ended on a sour note, the pound’s October has started in the worst way possible, with the currency posting its largest decline against the dollar since the day...

The US dollar bounced back on Monday, extending gains against almost all of its peers. The uncertainty generated by the Catalan situation has also forced traders to pull out of the single currency....

by Pinchas CohenFundamentals now support the greenback. Traders can take a small risk with a big reward by entering a contrarian, short position, while an August peak breakout would bring everything...

There are tentative signs that the euro might stabilise above 1.17 level after the 80 point sell off post-election result, which suggests that 40% of Catalans, over 2 million people, voted for...

Last month has been an interesting, if not the most spectacular, of months. However, it still doesn't disqualify what I wrote two months ago as we ended up around 200 tics from where we last started....

For most of the first part of September, my idea that the whole April - September move was part of a very large Sideways Bearish Halfway Hesitation seemingly held true. However, on the 19th, prices...

An interesting past month, one of potentially big changes afoot despite only having a change of 130 tics or so in prices. First off, prices tried higher within the now defunct July - August Schiff...

Last month I placed the bullet point above: Into Neutral because of the overhang of resistance between 111.20 -111.30 and the key 50% Fib at 108.86. Oddly enough given the new recent low, the...