Currency Analysis & Opinion

U.S. Treasury yields came roaring back on Wednesday after a brief consolidation at the start of the week. The nearly 6% rise in 10-year rates drove the U.S. dollar higher against most major...

Daily Technical Analysis of FX covering Spot EURUSD, GBPUSD, EURGBP, USDINR, USDBRL & USDMXN

USD/JPY Hits 6-Month High EUR/USD Hit By Drop In German Yields Strong AUD Problem For RBA CAD Resumes Rally Ahead Of Q4 GDP   The month of March kicked off with a strong rally in equities...

DAILY TECHNICAL ANALYSIS on EURUSD, Cable, EURGBP, USDINR, USDBRL & USDMXN

At the end of February and the entire volatile winter, EUR/USD plummeted due to significant improvement of the US bond yield, which provided the “greenback” with huge support. The...

Welcome everyone to a new trading month.The US Dollar Index dipped this morning after Friday’s appreciation and Treasury yields stabilized following last week’s rally. Traders will likely...

Showing both the power and the limitations of central bankers, Fed Chairman Powell was able to postpone yesterday’s selloff in risk assets…but only for 24 hours.US indices were trading...

U.S. Dollar Soars As 10-Year Yields Rise 10% Stocks Collapse, Driving Risk Currencies Lower AUD Hit Hardest By Risk Aversion Euro Most Resilient U.S. Personal Income, Spending Numbers...

Through a global pandemic, Brexit, US political upheaval, and countless other storylines, there has been one constant in the FX market over the past 6-12 months: A relentless bid for GBP/USD.After...

I was going to write an analysis article on the EUR/CHF, but ended up writing a little about reasons why you should look to enter a trade BEFORE a breakout takes place, rather than waiting for...

Some time ago, we predicted that the British Pound (GBP) would arrive the area around $1.40, and we are finally there! The bulls are strong enough to get to this significant mark, and we have...

The pound sterling soared to a high of 1.4243 against the U.S. dollar despite heavily overbought conditions. The pound’s uptrend has been bolstered by Prime Minister Boris Johnson’s...

Stocks Erase Gains On Powell’s Comments Fed Sees No Rate Hike, No Taper = Broad-Based U.S. Dollar Decline GBP Breaks 1.41 Despite Mixed Labor Data RBNZ Expected To Leave Monetary Policy...

Is the euro dying?First of all, it has to be said that the crash theories surrounding the universally disliked euro are nothing new. Since 2008, these theories have been haunting the financial press...