Currency Analysis & Opinion

Recent US economic data, particularly in the manufacturing and services sectors, have strengthened the US dollar. This has created a bearish scenario for GBP/USD, with a key support zone at 1.2530 and...

The US dollar surged to an 8-week high last week, fueled by robust economic data and a hawkish stance from the Fed. After strong data, the Fed might reconsider the three-rate cut plan for 2024,...

The Reserve Bank of Australia (RBA) is due to meet to determine what to do with interest rates on Tuesday for the first time this year.As was anticipated, the RBA kept its official cash rate at 4.35%...

The focus in FX markets today is on whether US employment continues on its benign downward path and represents the economy coming into ‘better balance’. Of interest will be whether...

The dollar is doing a little better and equity markets are a little softer after the Federal Reserve pushed back against early easing and US regional banks again hit the headlines. Softer CPI trends...

The EUR/USD has been falling in recent days with the US dollar continuing to find support on the back of reduced expectations over a March rate cut.Despite this moderate bearish trend, I don’t...

The US seems to be enjoying a virtuous cycle of better-than-expected growth, higher tax receipts, and lower-than-expected borrowing requirements. In contrast, today should see a mild contraction in...

As markets gear up for a pivotal week, three potential trading opportunities are emerging in the FX market. The USD/JPY pair could continue its recent upward trend as GBP/USD looks to break out of a...

The week ahead is a busy one for financial markets, including key central bank meetings in the UK and US, key data releases (eurozone inflation, US NFP) the US Treasury quarterly refunding...

FX markets continue to trade in a mixed fashion. The dollar is not quite sure whether it wants to rally on resilient US growth prospects or sell off in a world of lower market interest rates. Its path...

The EUR/USD pushed higher in the first half of Wednesday’s session, boosted by positive signals from the equity markets, as the US dollar eased back against most major currencies.The late...

The dollar strengthened across the board yesterday with no clear catalyst. We suspect that in an environment that keeps pricing large Fed cuts, USD rallies aren’t very sustainable. We’ll...

The dollar is softer and pro-cyclical currencies are following the yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market. The BoJ revised inflation expectations...

ECB convenes this week, expected to maintain the status quo. Likelihood of US interest rate cuts in March diminishes. Bearish outlook targets 1.08 next for EUR/USD. Creating...