Currency Analysis & Opinion

The result of the TLTROs was rather disappointing as the uptake came in at the lower end of targets. The main issue with this is that the ECB’s balance sheet is more likely to contract when the...

News that Europe’s banks had taken up EUR 130 bn of the ECB’s Targeted Long-Term Loans (TLTRO) was greeted with a whimper by the FX market. EURUSD managed to bounce off the lows of the day...

Yesterday saw further profit talking in the dollar with USDJPY dipping back to the mid 118 area, now sitting figure bid at the time of writing and EURUSD is recovering not far off the 1.2500 level....

It’s been another rough day for some emerging market currencies. The South African rand fell to a record low versus the dollar, while the Columbian peso is the weakest performer in the emerging...

Although there were early hints during the Asian and European session, yesterday’s big move against the Dollar came as the US traders came in and took a bearish view on the markets. The flight...

With one day to go until the Norges bank makes its final monetary policy decision of the year, the market is dumping the NOK. EURNOK has surged to a 5-year high and the NOK has also fallen to a...

Overnight we’ve seen the Chinese rate of inflation fall to a five year low and once again this is further evidence that deflationary pressures from the substantial declines in the price of oil...

Yesterday, the Euro remained neutral and traded in a very tight range compared to its usual range. However, traders were mulling the causes for which the euro is holding above 1.23 in spite of...

The dollar’s star seems to be in the ascendency.  A 314,000 increase in US payrolls for November, combined with some dovish comments from previously hawkish ECB members, has helped the...

The long term Bias is still negative for this Pair looking forward BUT I must add that Price is trading around a Major S&R trendline that goes back a number of years. Looking at the GBPUSD weekly...

EURUSD has been negative now for some time. Infact we seen nothing but lows over the past year for this Pair. However EURUSD is now trading at a 4 year low point. Over the past 4 years we have seen...

FX League Table - 11th Fixture:Let's look at last week's achievements:1. AUD/USD – SHORT from 0.8468 to 0.8319 = PROFIT 435 $pips 2. AUD/NZD – SHORT from 1.0832 to 1.0781 = PROFIT 38.66...

The dollar has retained the firmer tone gained in the wake of the jobs report of Friday, which showed further strong headline growth, together with better earnings data and a steady participation...