Currency Analysis & Opinion

Bullish signals for USDJPY on the week and in each of the last 2 days have been confirmed, investors buying the market yesterday to post a 3rd strong up-day in a row and for a gain of almost 1 Big Fig...

The Jackson Hole conference of central bankers may not be everyone’s idea of a barrel of laughs, but it can be big news for your portfolio. In the past, central bankers have used these speeches...

The overnight session has seen further creeping strength of the dollar, building on the gains seen during Tuesday. The dollar index has touched levels last seen mid-September last year and so far this...

Positive sentiment is what we believe dominates the background.From a medium term perspective the weekly Bullish Morning Star pattern completed 3 weeks ago is the key feature with profit taking...

Investors sold the rally on Tuesday from close to the 100 day average rate, for sentiment to close with a loss of 20 pips on the day. A trend of higher daily lows has been ended, which is negative for...

Sterling will be closely watching the inflation data today. Last month saw a sharp rise in the headline rate to 1.9%, which was in part owing to the different timing of sales vs. last year. As such,...

This week’s signals for GBPCHF are bearish, but a recovery from close to the 100 day average rate has been expected and this is occurring, Monday’s trading opening on a bullish gap and...

A calmer tone has emerged in the past few sessions that suggests the second half of the month could prove to be calmer than the first. We can see this in the fall in volatility measures from the highs...

The pound was one of the weakest performers in the FX space this week. To put this into perspective, it fell against all the other G10 currencies, on a broader basis, the Russian ruble and Argentinian...

Stock markets have managed to reverse at least some of the losses seen over the past 3 weeks, despite the headlines regarding a possible return to recession in the Eurozone after yesterday’s...

Bearish signals for GBPCHF on the week and for Thursday have been confirmed, investors selling the market yesterday for a loss of just under ¾ Big Fig on the day. However, while the losses have...

Two events have occurred over the last 24 hours that could trigger another leg higher for the dollar:1) The BOE has back-tracked from an early rate increase and now it may not be the first of the...

The selling pressure on the pound has not eased as we move into Thursday and the sell-off that started in July could be about to gather pace if GBPUSD fails to hold above support at 1.6664 – the...

The focus is firmly on the health of the Eurozone economy this morning. We’ve already seen numbers from both Germany and France, with data for the Eurozone has a whole (at 09:00 GMT) likely to...