Currency Analysis & Opinion

Political turmoil in Japan is not conducive to further interest rate hikes, weighing on the yen. Meanwhile, US labor market remains strong, and Fed may be mulling a smaller hike. With this backdrop,...

Strong jobs data and geopolitical tensions boost the Dollar Index ahead of key inflation reports. Shifting Fed rate cut expectations position the greenback at a crucial resistance level. Ahead of...

The EUR/USD pair struggles near 1.1050 amid upbeat US data and declining inflation in Europe. Traders brace for volatility ahead of crucial US employment data impacting rate expectations. A...

The GBP/USD, which had been steady in the last few trading sessions, has fallen back at the start of the new quarter after some relatively hawkish remarks from Fed’s Powell. The cable managed to hold...

Headline inflation in the eurozone cooled to 1.8% in September, a sharp drop from the 2.2% recorded in August. More to the point, this leaves price growth across the bloc tracking below the ECB’s...

USD After what initially looked to be a slow start to the week, the dollar ended Monday trading on a high, helped largely by comments from Chair Powell overnight. Notably, he appeared to suggest that...

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....

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...

The EUR/USD was holding near the August high of 1.12 handle, still finding mild support from China’s announcement yesterday of large-scale stimulus measures. That announcement sent stocks surging and...

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: Reflationary policies are a mild dollar negative The top news this European morning is a package of monetary easing measures delivered by Chinese authorities overnight. Our Chief Economist for...