Currency Analysis & Opinion

As usual, the euro was buffeted around by the verbal gymnastics of the ECB President on Thursday. Reading between the lines, the ECB does not yet have the internal agreement on just when and what form...

A Modern Tulip Mania“Bitcoin is the tulip of modern times,” stated the Financial Times. “It is a mania like tulip bulbs in the 1600s and Beanie Babies in the 1990s,” heralded...

There have been some positive moves in stock markets this week, with US indices once again touching highs for the year and stocks in Asia also in positive territory. The dollar has also been at new...

As we had expected, yesterday, the euro was bearish and continued dropping ahead of today’s ECB meeting. The euro usually reacts to rumours being circulated in the market; in this case, the...

Bullish signals for GBPCHF in each of the last 2 days have been confirmed, investors buying the market from close to the 200 day average and yesterday through and above the 100 day average. The rally...

There have been a series of dollar bullish signals in the past 24 hours. The big question is whether this is finally going to be the greenback breaking the shackles or whether this will be another...

The Euro broke below 1.2400, and is expected to continue its downward trend. Ahead of some major releases, including the ECB meeting scheduled this Thursday, the euro is witnessing a sell-off; due...

The focus falls on sterling today with the UK Chancellor delivering his ‘autumn’ statement. This is essentially a mini-budget, even more so with an election only six months away. But there...

Yesterday, Europe decided it wanted to undermine the firmer dollar tone that emerged during the Asia session, with sterling the most prominent beneficiary of the dollar reversal. During December, more...

Between the USD and the gold strength? Or, between the USD strength and the Gold prices hike? As we witnessed yesterday, the Forex market was extremely volatile. In spite of its remarkable losses...

The Swiss referendum on the SNB’s gold reserves held the weekend delivered a clear result – the Swiss people do not want the Swiss National Bank (SNB) to hold more of the yellow metal. A...

FX League Table - 10th Fixture:Let's look at last week's achievements:1. NZD/JPY – LONG z 92.96 na 92.97 = PROFIT 13.92 $pips (*positive SWAP) 2. CAD/JPY – LONG z 104.94 na 103.82 = LOSS...

One of the biggest surprises in the first part of this year had been the outperformance of sterling against a basket of currencies with the best performance coming against the higher yielding...

The EUR/USD is weakening as data releases showed that the European region inflation is slowing to a 5-year low. Oil prices, global growth and concerns about energy prices are all factors that are...