Currency Analysis & Opinion

Markets are seemingly scaling back from a few Trump trades, and we suspect the next two days can see some abnormal swings in US Dollar crosses due to tighter volatility conditions ahead of a closely...

I am not exaggerating when I tell you that I get hundreds of emails a day from forex traders asking me why didn’t this trade work out, why didn’t this trade work out and it is constantly the same...

It’s been busy in FX markets with surprisingly strong 3Q growth in Europe and an aggressive tax-and-spend budget from the UK Labour government. Eurozone rates and the EUR/USD could stay more...

Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...

The GBP/USD was a touch higher on Tuesday after it managed to rebound on the back of a firmer risk tone on Monday. That followed Israel’s limited response in Iran at the weekend, raising hopes that...

Key U.S. and eurozone data could set the tone for EUR/USD ahead of the election. Fed's rate decision and GDP updates may drive volatility in the currency pair. Traders should brace for big moves, as...

The proximity to the US election can favour more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up...

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

GBP: Reeves Triggers First Gilt Shake-Up Unlike her ECB colleagues, Bank of England hawk Catherine Mann stuck to her usual tone yesterday, staying relatively pessimistic on disinflation and pointing...

Private sector eurozone activity posted a marginal contraction in October, according to the latest flash PMIs. Activity in the UK, by contrast, continued to expand, but at the slowest pace since...

USD The dollar’s climb continued on Wednesday, with the DXY index gaining another 0.3%. Even so, yesterday afternoon saw the greenback appear to hit a ceiling, not unsurprisingly we think, given our...

The US dollar has been on a tear over the past few weeks boosted by a string of positive economic data tempering the expected rate path from the Fed and investor’s betting that Donald Trump will win...

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in...