Currency Analysis & Opinion

Despite a goal-rich start at the World Cup in Qatar, markets are all about defense right now. New Covid restrictions in China are fuelling a return to the safe-haven dollar while investors wait for...

At the beginning of a new week of November, the market major is stepping back. EUR/USD is balancing at 1.0280.   The market is very cautious about any comments and views on the future steps of the...

The dollar is tumbling from multi-decade highs. Calling the FX market in 2023 requires taking a view on the Federal Reserve, the war in Ukraine, China, and the overall investment environment. We...

Improved risk appetite helps support GBP/USD U.K.’s darkening macro-outlook means risks skewed to downside The key level for bears to defend is 1.20; for bulls 1.15 The GBP/USD managed to rebound...

EUR/USD is attempting to keep its head above the key near-term resistance after staging a near 8% rally off November lows. The U.S. dollar pushed back on Thursday after new U.S. retail sales data...

Find below the link to today’s Daily Technical Analysis of FX covering Spot EUR/USD, GBP/USD, EUR/GBP, USD/INR, USD/BRL & USD/MXN.

The dollar is inching lower again this morning and we think the ongoing correction could extend a bit more as optimism on US-China relations appears to be lifting sentiment. That said, a broader and...

Welcome to a new trading week. Risk appetite improved around the world after signs of cooling in U.S. inflation and the prospects of a dovish tilt by the Federal Reserve. The U.S. dollar weakened...

The dollar remains in correction mode and the market is watching the news from China regarding the approach to its Covid-19 policy. Today's market focus will be on the US mid-term elections. We expect...

The market major is beginning the new week of November confidently and cheerfully, balancing near 0.9940. The market has fully recovered from the damage done by the November meeting of the US Federal...

Repeated intervention fails to deliver intended impact on yen Dollar remains supported thanks to a very hawkish Fed USD/JPY holding above key support in a strong bullish trend Speculation over China...

The Bank of England faced a choice today between a ‘hawkish’ 50 basis-point rate hike and a ‘dovish’ 75bp – and in the event, it chose the latter path. Unlike the Fed...

The Federal Market Open Committee increased interest rates by 0.75% for the fourth straight time yesterday. This hike pushes the top of its target range to 4%, the highest since 2008. Therefore,...

It is a busy week for FX markets, with key policy rate meetings on both sides of the Atlantic and some tier-one data releases. The question to be answered this week: is the Federal Reserve ready to...