Currency Analysis & Opinion

The EUR/USD bounced off the resistance at 1.12 amid softening Eurozone inflation data. Investors anticipate a pivotal US labor market report that could influence future direction. A breakout from...

The US dollar faces pressure ahead of crucial labor market data. With the dollar index hovering below 101, traders are on alert for potential signs of further weakness. On the flip side, strong NFPs...

USD: Downside risks from data this week China’s steps to support the housing and stock market have led to a rush to buy Chinese stocks this morning, ahead of the National Day 1-7 October holiday....

GBP/USD has been on a strong upwards path the last few weeks as the British pound emerges as the best performing major currency after a continuation of solid data allowed the Bank of England to keep...

The SNB has trimmed the policy rate by 0.25%, in line with market consensus and our own pre-announcement call. That said, while a decision to cut rates was never in doubt, some market participants...

The EUR/USD pair is gaining momentum as expectations rise for a jumbo Fed rate cut in November. Key economic data and Fed commentary this week will guide traders' strategies. Watch for critical...

USD With the market still digesting the Fed’s cut last week, USD is lower across the board. The US Dollar index which measures the strength of the currency against its major peers is close to its...

The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could...

USD The move by the US Fed to initiate its rate cutting cycle with a bumper 50bps cut came as a last-minute surprise last week, with the focus now turning to how the Fed will proceed from here, and...

The dollar index shows early signs of recovery as traders anticipate pivotal economic data this week. Key speeches from Fed members could reshape market expectations amid ongoing geopolitical...

GBP Yesterday the Monetary Policy Committee (MPC) voted 8-1 to maintain Bank Rate at 5% in their latest policy decision, matching our own call and market expectations. That said, of the 58 economists...

USD: Softer amid intra-day volatility Amid much intra-day volatility, DXY is down around 0.5% on the week. That's not much, but DXY is now just a whisker away from the lowest levels in two years....

EUR/USD breaks above 1.1150 as the dollar weakens following the Fed's first rate cut in over four years. Market expectations for further easing support the euro's upward momentum against the...

The US dollar index was trading lower in the early European trade, giving back some of its gains from Tuesday. This meant that the EUR/USD was trading modestly higher. FX markets are now likely to...