Currency Analysis & Opinion

On Friday investors’ attention was focused on the US Non-Farm Payrolls report and the performance of the US labour market over the past month. After a disappointing report last month and a...

A new week and a new deadline looms for Greece who are due to make their biggest repayment of the year to the IMF, around another €770mtomorrow. They have managed to find enough loose change at...

Increased volatility in the currency markets in the last 24 hours and even more to come on the back of the UK General election and in light of the US Non-Farm Payrolls report later today. The US...

In the end the polls measuring voter intention before the UK General Election have proved to be totally incorrect and now we are more certain that some form of stable government will be formed,...

Despite the prospect of the UK General Election almost certain to result in a hung parliament, the markets have been relatively undeterred by the potential outcome in the past few days, however...

Two events are dominating the outlook for today. The first is Greece; the second is the impending UK election. With regards to Greece, repayment of EUR 200 mln loan to the IMF is due today and the ECB...

The UK Bank Holiday made for a flat-line on most majors yesterday. We’re pretty much guaranteed more volatility for the remainder of the week. This will cumulate on Friday with the US employment...

Limited volatility at the beginning of the week for the currency markets as we haven’t noticed any attractive price action in the major instruments we monitor each day during the past 24 hours....

On Friday we made word about the slowdown in momentum on the recent rallies of the major European currencies and how this could turn into a reversal towards the other way this week. Indeed we have...

Is the rally in the European currencies justified and can it be sustained? This is what every trader is thinking at this time and we believe that it’s a very interesting question. The truth is...

We start a new month with many countries observing a Bank Holiday either today or next Monday so we are likely to see a couple of quiet sessions, in particular since there is no nonfarm payroll...

Yesterday’s US GDP data confirmed the divergence between the UK and US, which has now been building for some months and we saw GBPUSD crescendo higher. It is now not far from recording a new...

So finally the FOMC meeting is behind us and it’s time to assess what the Fed said in their statement after it and how that will affect the major currency pairs’ outlook. The statement...

There are always two sides to a story in forex. However, despite some significant uncertainty surrounding the euro (Greece and is protracted negotiations with the Eurogroup) and sterling (the prospect...