Currency Analysis & Opinion

The EUR/USD pair was a tad higher during the first half of the European session, but just like the previous day the small gains could prove to be short-lived as the US dollar continues to strengthen...

Inflation data from the UK sparked speculation of more rate cuts by the BoE. This has put GBP/USD bears on alert. With the pair near 1.30, traders are watching for a potential breakout towards...

A strong U.S. economy and geopolitical risks are key drivers for the US dollar's current trajectory. Differing central bank approaches globally favor the dollar amid potential trade policy...

USD After a slide to finish last week, the dollar starts this one on the front foot, with the DXY index up 0.1% this morning. This comes despite the key data point to kick off the new week coming...

GBP: Four speeches from BoE's Bailey this week We've had a bullish view on EUR/GBP this year, largely because we had felt that the market was mispricing the Bank of England cycle. We still believe...

USD While an ECB meeting was arguably the major event of note on Thursday, US retail sales were a close second, released at 13:30 BST. To the surprise of many, including ourselves, core sales rose by...

USD The dollar tracked sideways on Tuesday as US traders returned to the office post-holiday. In truth though, there was little by way of market moving data on offer to stimulate broad FX price...

GBP/USD is facing increased bearish pressure on Wednesday as the latest inflation data comes in softer than expected. UK consumer prices dropped to 1.7% in September, the lowest level in over three...

EUR/USD traders await the ECB meeting as the pair hovers near key support levels. Shifting Fed and ECB rate cut expectations continue to drive volatility in the pair. Upcoming U.S. economic data and...

DXY is testing key resistance amid strong economic data and geopolitical tensions. Fed remains cautious on more rate cuts, with upcoming retail sales data possibly swaying sentiment. Meanwhile,...

USD: Range-bound Casting around the globe to identify key FX drivers, we note the following: Saturday's China fiscal stimulus measures lack detail, oil is steady as markets await Israel's...

USD Hurricane Milton and FOMC meeting minutes are the two key stories front of mind to kick off the day. The former made landfall overnight, but weaker and further south than anticipated, meaning...

The big drop in Chinese markets we have seen over the past two sessions has kept the pressure on commodity dollars, although European majors EUR/USD and GBP/USD have been largely unaffected, with the...

USD After a quiet Tuesday session, there are two stories front of mind this morning. The first is Hurricane Milton, which is barrelling towards Florida, and due to make landfall this afternoon. Our...