Currency Analysis & Opinion

Another sideways month though with a narrower range than even May. One can't help but feel that the market is accumulating ammunition before a move, but at this time there is no indicator of direction...

Last month I pointed out the bow-tie formation of the MAs and how I was not sure about how it looked. The order of entry of the MAs was at that time out of sync and the whole pattern seemed confused....

Though I always suspect Key Reversals in any JPY pairing, I did point out this - and other - items last time: Nevertheless, the 11th - the high in May - had a bearish KR that worked so it may be that...

EUR/GBP: From last month's review I'd therefore draw your attention to the fact that this year we've had two, possibly three attempts higher of a similar nature but that all failed upon approach to...

I was minded last time to move the bullet point above at the time into neutral which despite the ranges turned out to be overall month-end to month-end...about right. The picture is now becoming a...

The market really did take its own sweet time in breaking up through 1.1300. It was almost ready at my last time of writing but then faffed around trying to form a new high, came off, tried up for...

There has been much uncertainty surrounding the pound over the last month due to the results of the election and Brexit negotiations beginning. Now the Tories finally have a deal in place, the markets...

By Roman Butko, NordFXTo begin with, a few words about the forecast for the previous week, which was a week full of speeches by senior central bankers globally. Forex trends were influenced by the ECB...

There is such a thing as too much of a good thing, and the eurozone found that out as the euro reached the highest level against the US dollar in one year. The positive outlook the European Central...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It's almost hard to tell if investors are pro or anti dollar because while USD/JPY rose within a few pips of 113 Thursday,...

Investors salivating over the prospect of the European Central Bank gradually reducing asset purchases and stimulus measures pushed the euro to a one-year high against the dollar earlier in the...

Thursday may not be dominated by appearances from prominent central bankers like the previous two days were but we’re continuing to see markets focus on what’s been said, with the euro and...

Another day in Europe is coming to an end, and those who like volatility were not left disappointed with the euro and pound making sharp moves as speculators responded to fresh rumours and comments...

By Neil Wilson, ETX CapitalSterling leapt above $1.29 to its strongest in three weeks after a surprising intervention from Bank of England governor Mark Carney, while continued dollar softness offered...