Currency Analysis & Opinion

The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...

Welcome to a new trading week. Liquidity will return this week to the markets with traders eyeing the Federal Reserve’s favorite inflation index, the PCE deflator scheduled for release on...

The British pound has risen to a 3-month high against the U.S. dollar on expectations that the Federal Reserve could slow the pace of interest rate hikes and a new U.K. Government budget proposal. The...

GBP/USD boosted by dollar weakness, risk-on  Several test long-term 200-day averages after impressive recovery Potential for reversal, but bears must see bearish signal first A number of...

USD/JPY looks heavy on the daily, where we’ve broken below rising trend support (drawn from the May swing) and out of the I-cloud, which price was hugging from mid-Nov.We can see a marked...

CNH falling due to COVID outbreak FOMC minutes in focus USD/CNH tests key level The US dollar will be in sharp focus later when the FOMC's last meeting minutes are published, which means the USD/CNH...

At the beginning of a new week of November, the market major is stepping back. EUR/USD is balancing at 1.0280.   The market is very cautious about any comments and views on the future steps of...

The dollar is tumbling from multi-decade highs. Calling the FX market in 2023 requires taking a view on the Federal Reserve, the war in Ukraine, China, and the overall investment environment. We...

EUR/USD is attempting to keep its head above the key near-term resistance after staging a near 8% rally off November lows. The U.S. dollar pushed back on Thursday after new U.S. retail sales data...

Find below the link to today’s Daily Technical Analysis of FX covering Spot EUR/USD, GBP/USD, EUR/GBP, USD/INR, USD/BRL & USD/MXN.

Concerns of a widening Russia-Ukraine conflict increased today after Poland claimed a Russian rocket landed on a Polish village, killing two Polish citizens. However, President Joseph Biden later...

The dollar is inching lower again this morning and we think the ongoing correction could extend a bit more as optimism on US-China relations appears to be lifting sentiment. That said, a broader and...

Welcome to a new trading week. Risk appetite improved around the world after signs of cooling in U.S. inflation and the prospects of a dovish tilt by the Federal Reserve. The U.S. dollar weakened...

Whilst supply runs its course this week, and the macro-focused participants await US CPI tomorrow, one development that has caught our attention is the sharp tightening of swap spreads. There...