Currency Analysis & Opinion

GBPJPY sentiment has been improving since Wednesday’s 7 month low at 168.02. However, although Monday’s trading has posted a 3rd higher daily low and high in a row, investors are likely to...

All of last week’s bearish targets for GBPCHF were met, sentiment posting a 2nd lower weekly high & low in a row and an initial losses of 4 Big Figs. However, the analysis also highlighted...

A 2nd negative weekly performance in a row last week emphasised the stalling of upside demand. Selling pressure dominated the beginning and middle of the week with intervening profit taking weak.With...

This the 4th fixture of the FX League.To begin with, let's look at the last week’s achievements: 1. AUD/JPY - SHORT from 93.42 to 93.49 = LOSS 30.85 $pips 2. CAD/JPY - SHORT from 96.11 to 94.81...

Market sentiment is back at the end of the week, stocks in Europe are higher, oil prices are rising and even Greek bond yields are falling. Central bankers from the US and UK have saved the day, but...

Markets seem to have stabilised for now but it may be temporary as investors adjust for an environment of lower inflation, lower growth and higher interest rates, although it’s still far from a...

The market failed to extend Wed’s strong gains yesterday. Instead, in volatile trading, profit taking was attempted but while the downside was extensive it was not maintained below Wed’s...

The rising concerns over the global economic outlook of the past few weeks and yesterday’s fall in UK inflation have put shot to many rate expectations and you can certainly kiss goodbye to any...

Bearish signals for USDJPY on the week have been confirmed, Tuesday’s trading posting a 7th lower daily high in a row, though with downside momentum stalling for sentiment to close little...

The sharp drop in inflation has seen the pound fall below the psychologically important 1.60 level, its lowest reading since early March. The drop in CPI to 1.2% from 1.5% is close to the 1.1% low...

Indices look to have found a floor for now but there remains a palpable concern amongst investors that the worst may still be to come. The market is aware that tapering is due to end later this month...

Early demand for sterling was not maintained yesterday. This upside stalled ahead of the 13 day moving average and all upside was reversed into a virtually unchanged close. The resulting...

The single currency was a big winner last week, and it managed to rise nearly 300 pips vs. the USD on the back of a weakened dollar. However, sellers finally came in at 1.2791 and we saw a retreat...

The Dollar had a whirlwind week and what looked like it would be a protracted retracement turned out to be little more than a very brief reversal in fortunes. The dollar index remains below the highs...