Currency Analysis & Opinion

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...

The latest UK CPI data released on Wednesday morning showed consumer prices remained unchanged at 2.2% in August as widely forecasted. Meanwhile, core CPI which excludes volatile prices like food,...

USD Despite sliding through the early part of Monday trading, the broad dollar stabilised from mid-day onwards, with markets continuing to assess the merits of a 25bp vs 50bp cut from the Fed on...

Silver's recent jump stalled at a key resistance level. Recession fears and Fed rate cut expectations drive silver's surge and mixed outlook. Watch for silver's ability to break $31.5; failure could...

DXY fell to 100.7 after shifting expectations for a 50 basis point Fed cut Volatility is expected this week due to reduced liquidity and geopolitical risks The Fed’s decision on rate cuts will be...

The ECB cuts the deposit rate by 25bps, as expected, and in line with our own pre-announcement call. More surprising to us were the revisions to the Bank’s macroeconomic projections. We had thought...

EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...

USD The dollar finished Tuesday trading on the front foot, helped by August’s core CPI which printed at 0.3% MoM, marginally stronger than the 0.2% reading markets had expected. Ultimately, this saw...

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...

USD Perhaps unsurprisingly, the debate between Harris and Trump dominates the newspaper front pages this morning. Consensus opinion points toward Harris as the victor, with betting markets now giving...