Currency Analysis & Opinion

The dollar is being supported by strong economic data from the US, as well as the ongoing interest rate hike cycle. The euro is being weighed down by concerns about the European Central Bank's ability...

USD: No reason to unwind dollar longs The dollar is consolidating near the highest levels since March as US data continues to surprise on the upside. Following the above-expected ISM Services index...

USD: 2024 part of the USD curve driving dollar higher September has so far seen the dollar’s bullish momentum cement, and DXY is testing the 105.00 levels this morning – the highest seen...

USD: ISM services the only threat to an otherwise bullish story EUR: EUR/USD looks vulnerable GBP: Look out for BoE Governor Andrew Bailey at 3:15 pm CET CAD: An unsurprising pause by the Bank of...

The U.S. dollar is holding steady, with the EUR/USD currency pair hovering around 1.0780 as of Monday. This follows a robust performance by the dollar last Friday, driven by newly-released U.S....

USD: Little reason to offload dollar positions The dollar has had a good couple of months. It has been buoyed by domestic strength in the US economy and souring sentiment in key trading partners...

US dollar tumbled following weak US economic data Meanwhile, the EUR/USD pair has rebounded strongly The USD/PLN has broken a long-term uptrend, and the CAD/JPY is preparing to break out Following...

The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...

USD: Powell hawkishness looks largely in the price Some Fed speakers laid the groundwork for today’s keynote speech by Fed Chair Jerome Powell at the Jackson Hole Symposium. This bulk of...

USD: Nvidia results in focus The Jackson Hole Economic Symposium starts tomorrow and should become the overwhelmingly predominant driver for currency markets. For now, investors are keeping a close...

The main currency pair on Monday is holding near the level of 1.0882, which is close to the minimum of seven weeks.The trend of investors massively avoiding risks is bolstering the dollar. Panic was...

USD: Strong US retail sales should help The dollar pushed ahead around 0.7% yesterday as pressure on EM currencies around the world encouraged more dollar demand. Very much in focus remains China's...

The US Dollar has been in a choppy rising trend higher since bottoming in 2007/2008.You can see that rising channel in today’s long-term chart. But king dollar has been under pressure in recent...

Readers of my column have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July plunge as a bear trap and going bullish again. We’ll...