Currency Analysis & Opinion

On Friday currency markets ended the week trading in the opposite direction from what we saw in the days before that and it is important to analyze that and see whether this is a change of direction...

FX markets start a new month which once again is supposedly crunch time for Greece, but this time it feels like it really is. The single currency was performing better last week, in part on the basis...

With the final sessions of trading on deck for May - and following a week in which the US dollar index rallied over 3 percent, the USDX arrives at another potential crossroad: Continue heading north...

Last week, the bears didn't give the EUR/USD a chance, selling it from within the previously-tested daily supply zone between 1.1350 and 1.1500. We were a bit more optimistic, however, assuming that...

FX League - Week 35. Trend: Momentum:League Table:***17.8 as a neutral score of the week.***GBP, USD, CAD - BULLISH!CHF, JPY, EUR, AUD, NZD - BEARISH! Detailed points distribution:Trades for the...

FX performance in the last week has thrown up a lot of unanswered questions: is the EUR heading lower after a period of consolidation? Is the dollar rally back on? Is GBP able to shrug off future...

Over the past 24 hours traders’ focus has been on the European majors as both the Euro and the Pound were expected to have fresh news that could provide opportunities and attractive price...

Reduced volatility and limited price action in the currency markets over the past 24 hours after the steep losses we saw earlier in the week. It seems that the shift in momentum has run its course for...

Key financial markets have become awash with volatility and uncertainty in recent weeks. The dollar bull run has been spectacularly ended by a huge correction since mid-April. It would seem that...

The Pound Sterling declined against the US Dollar as the currency remained under pressure from Tuesday’s negative UK inflation data. Inflation dipped -0.1% in April, defying expectations for an...

Even though at the beginning of the week the global money markets started their trading week with limited volatility and price action the same can’t be said for what we witnessed yesterday....

With all the volatility elsewhere, the yen (and in particular USDJPY) has been notable for its stability. This is certainly the nature of yen in recent years, with long periods of going nowhere and...

The single currency taking a bit of a beating early on, which has seen nearly one big figure taken off EURUSD. ECB Governing Council member Coeure has said that the ECB is to front-load QE purchases...

During the first 24 hours of trading this week we saw limited volatility in the major instruments we monitor each day and this of course is only normal as the calendar on Monday was really light....