Currency Analysis & Opinion

The EUR and the pound have been hammered by a strengthening dollar in the past few days. As we get to the end of the week the rapid decline in EUR/USD and GBP/USD has seen these pairs approach some...

As next week’s Fed meeting approaches, more thoughts are being given to the impact of the relentless rise of the US currency on the broader economy. This in part explains why the Dollar has...

US Dollar The US Dollar traded lower against its major peers on Thursday in the absence of any major U.S. economic reports. Market participants await the upcoming FOMC meeting next week to see if...

We are entering the European session with the dollar under pressure, but that comes after what has been a relentless rise so far this month and especially so against the single currency. We’ve...

The price of EUR/USD is falling, and falling hard. It may be a crowded trade with the world and its dog seemingly short, but that does not make it the wrong trade. Three quarters of Hantec clients...

This time last week we said that the sell off may take a break that the pace of decline in the euro had to slow at some stage; however, we were well and truly wrong. Since last week’s ECB...

Few people would have imagined in May last year when EURUSD was trading just shy of 1.4000 that nearly 10 months later the currency would have slid nearly 35% to be trading just short of 1.0700 with...

The path of least resistance for the single currency has been lower through most of the month and that was especially the case yesterday. The euro was down 1.4% over the day, with a push below the...

US Dollar IndexThe U.S. dollar traded mixed against its major peers on Monday after the better-than-expected U.S. labor market data reported on Friday. The U.S. economy added 295,000 jobs in February,...

The single currency starts the week scraping itself from the floor after last week’s concerted push lower. The break below 1.10 on EURUSD happened before the US jobs data, but the firmer than...

Trend:Momentum:League Table:***17.475 as a neutral result of the week***CAD, USD, AUD, NZD - BULLISH!GBP, JPY, EUR, CHF - BEARISH!Detailed League Table Chart:Trades for this week:1. CAD/CHF –...

It’s been another day of records for the EUR, with EURUSD falling below 1.10 to a fresh 11-year low of 1.0930 so far. The chances of it breaking to another multi-year low before the end of the...

A bit of volatility in EURUSD during yesterday’s ECB press conference saw the rate recover to back above 1.1100 as Mario Draghi announced upgrades to growth forecasts for the Eurozone, but the...