Currency Analysis & Opinion

Over the last two weeks, we have seen the pound fall by around 3.5% against most major currencies, this has been due to both weak economic data, and a loss of confidence from investors as the date...

As we reported the possibility on Thursday morning, ahead of the ECB meeting, the EUR/USD has indeed staged a rally (click HERE for details). The sellers apparently started to exit their EUR/USD...

The EUR/CHF has been a forgotten currency pair, but is the worst days behind it now? The franc has been stubbornly strong against the euro. But with the ECB’s next policy move likely to be to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors took profits on their long U.S. dollar positions on the back of Friday’s nonfarm payrolls report. Job growth...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar extended its gains ahead of Friday’s nonfarm payrolls report. Expectations for job growth have increased...

As expected, the European Central Bank has decided to leave its monetary policy unchanged: the main refinancing rate has been kept at zero, deposit facility rate at -0.40% and marginal lending rate at...

Ample Liquidity dulls marketYesterday’s budget speech from UK Chancellor Philip Hammond was relatively upbeat in that he predicted growth for 2017 to be 2% and for inflation to peak in mid-2017...

Key Points: Cable retreating towards a key support zone formed by the October low. RSI Oscillator close to oversold. Watch for a retracement back towards the long side in the coming week. The past...

The general consensus going into today’s UK budget is that Chancellor Philip Hammond will disappoint and that the GBP/USD may extend its declines towards 1.20. He is well aware of Brexit risks...

USD/JPY Hikes On Strong U.S. dollar performanceJapanese inaugurated early trading session with data not up to expectations with Final GDP q/q at 0.3% compared to 0.2%, while forecasts were 0.4%....

Crude Oil levels Plunges over Houston Energy Meeting, Eyes on U.S. inventoriesFundamentals:Crude oil levels collapsed on Tuesday with a loss $1.08 per barrel -0.2% over fears of Houston energy meeting...

There has been no respite for the pound today, as it takes another dip ahead of the Chancellor’s Budget announcement at 1230 GMT. But could it be sell the rumour, buy the fact for sterling...

Market OverviewMarket sentiment has become increasingly cautious as traders appear unwilling to take a view ahead of the ECB monetary policy meeting (tomorrow) and Non-farm Payrolls (Friday) which...

Unlike crude oil, the USD/CAD currency pair has made a somewhat more decisive move of late. It held above 1.30 handle successfully after several tests and finally broke higher to head towards and...