Currency Analysis & Opinion

With this morning’s July wage data broadly meeting consensus expectations, markets are no clearer on the next move for Bank Rate ahead of a policy announcement on September 19th, though a hold in...

USD/JPY struggles near 142 after weaker-than-expected economic data from Japan. The downtrend in GDP and inflation data raises doubts about further BoJ rate hikes. Watch for a potential decline to...

USD: All to play for in Philadelphia FX markets are marking out ranges as they wait for fresh inputs. Overnight we saw some better Chinese trade data, where exports surprised on the upside and...

USD Markets had been hoping that Friday’s jobs numbers would settle the debate over whether 25 or 50bps of rate cuts would be delivered by the Fed later this month. Ultimately, the data failed to...

The dollar kicked off the week on a positive note despite labor data coming in soft last week. Traders now look to Wednesday’s CPI report for clues on the Fed’s next rate move. Technical levels...

USD Payrolls later today remain the main market event of the week. Indeed, many including ourselves, see the release as pivotal for the Fed, and likely to determine whether a 25 or 50bp rate cut...

USD The broad dollar fell almost half a percent through yesterday’s trading, a move catalysed by JOLTS job openings which significantly undershot expectations. Consensus forecasts had looked for a...

USD: ING's customers turn a little more bearish on the dollar In a poll taken during our Economics Live webinar yesterday, 25% of respondents felt EUR/USD would end the year over 1.13, while 46%...

The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will...

Silver is testing a pivotal support zone. If this level holds, it could present a dip-buying opportunity for traders. However, a breach of that level could signal further downside. For less than $8...

USD ISM manufacturing data is the key point of note for the US today – an appetiser ahead of Friday’s main event, with the publication of the August jobs report. With all attention squarely on the...

Eurozone CPI data paves the way for more cuts. This comes at a time when the market is debating between a 25 or 50 bps cut by the Fed. Meanwhile, the EUR/USD pair is nearing a key support area. For...

USD The dollar underperformed our expectations throughout last month, with the DXY index sinking almost 3.5% by August 27th. That said, a rally into month-end gives us confidence that markets are...

The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...