Currency Analysis & Opinion

The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In...

EUR/USD forms a textbook morning star pattern, hinting at a potential bottom Bessent confirmation hearing could spark a reversal in yields and risk assets Break above downtrend resistance targets...

The EUR/USD managed to bounce back along with all risk assets after hitting a new multi-year low sub 1.02 handle on Monday. The single currency managed to rise a little further on Tuesday, at the...

The EUR/GBP pair has sustained positive momentum for a fifth consecutive session, reaching a 10-week high as it rallies through previous resistance levels. The pair now sits just below 0.8425, where...

Political uncertainty and weak economic data weigh heavily on GBP/USD, as the pair tests critical support levels. Surging UK bond yields and expectations for BoE rate cuts add pressure to the...

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

Friday's strong US jobs release has provided another leg higher for the US Dollar. It is hard to see the dollar trend changing this week given the prospect of another strong set of US inflation data,...

The pound and gilts have found some respite after a substantial – albeit orderly – selloff. The UK Treasury’s pledge to stick to fiscal rules means more potential pain for the sterling down the road,...

A better 30-year US Treasury auction and a US Federal holiday could bring some calmer conditions to bond and FX markets today. However, do not expect the US dollar to hand back much of its recent...

The British pound is under pressure due to Donald Trump’s potential tariff policies, causing volatility in GBP/USD and global markets. GBP/USD is approaching its 2024 yearly low, with potential for...

The EUR/USD remains under pressure, grappling with a mix of weak Eurozone economic data, China’s economic slowdown, and persistent US Dollar strength. Mid-day trading in London saw the currency pair...

The US dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December. Should we see a re-focus of the Fed on inflation concerns,...

Flash estimates released this morning showed inflation rising as expected in December in the Eurozone. Headline CPI rose 0.4% in December, up to 2.4% on a yearly basis, up from 2.2% in November,...

Traders should pay close attention as tariffs and trade policies create both risks and opportunities in the forex market. How Tariffs Could Impact Currencies Tariffs are once again dominating...