Currency Analysis & Opinion

With yield differentials moving against the Dollar, the UJPY is signalled to benefit. AUD/USD is also attracting selling at it's 100 day average rate yesterday and has ended a sequence of higher daily...

The rally in Cable from last week's low extended yesterday. Buying interest was attracted on intraday dips but the net upside remains limited. Prices stay under the Ichimoku Cloud, and the Keltner...

It’s all about services PMI data today and already overnight we’ve seen softer figures from China, but this doesn’t seem to have dented any of the indices or currencies as one would...

The dollar gave back some ground on Friday following the worse than expected nonfarm payrolls and rise in unemployment across the pond. It was the euro that benefited most, finding support around the...

Longer-term signals for GBPCHF have been bullish for some time, but with 3 higher Quarterly highs and lows leaving sentiment overstretched near 1.5485, the 2012 high, as well as being close to 1.5585,...

Investors are slowly but surely preparing themselves for higher rates as equity markets suffered a blow yesterday, the dollar continued to appreciate or at least hovered around its recent highs and...

As mentioned two weeks ago, we bought GBPCHF and we got around 140 pips profit. This week again we are looking to buy more of this pair and put a tight stop loss just below...

Yesterday, the US not only recouped its growth losses for Q1 by showing Q2 growth was 4%, but the decline in Q1 was revised upwards. Unsurprisingly, the dollar surged on the news sending all the major...

Bullish signals for USDJPY on the week and for yesterday have been confirmed, investors buying the market on Wednesday to post a 9th up-day in a row and a strong near 1 Big Fig gain on the day. A...

Against a background of last week’s unchanged GBP/CHF close following a new 23 month high at 1.5435 and mixed signals for this week, trading in each of the last 2 days has also been mixed,...

The US dollar held near its recent highs versus the yen, the euro and pound sterling as 10-year treasury yields rose towards 2.50% during New York trading and markets awaited key risk events and data...

A lack of major economic releases yesterday meant for a slow day of trading but overnight the Yen has seen a little action as USD/JPY hits a three week high just pushing up against the 102.00 level. A...

Against a background of a bullish forecast for USD/JPY sentiment this week, but with signals cautious until a weekly bear trend and the 100 & 200 day average rates are broken, Monday’s...

For a 2nd day in a row there was little net movement in CABLE yesterday. Instead prices consolidated near the lower end of a declining Keltner channel and with sentiment correcting oversold...