Currency Analysis & Opinion

It’s been busy in FX markets with surprisingly strong 3Q growth in Europe and an aggressive tax-and-spend budget from the UK Labour government. Eurozone rates and the EUR/USD could stay more...

Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...

The GBP/USD was a touch higher on Tuesday after it managed to rebound on the back of a firmer risk tone on Monday. That followed Israel’s limited response in Iran at the weekend, raising hopes that...

USD The US dollar pared some initial strength on Monday, with the DXY index finishing the day down around 0.1%. Underpinning this modest retreat was a fading haven bid as Middle East tensions look to...

Key U.S. and eurozone data could set the tone for EUR/USD ahead of the election. Fed's rate decision and GDP updates may drive volatility in the currency pair. Traders should brace for big moves, as...

USD The US presidential elections should be the primary focus for North America this week, albeit against the backdrop of a busy docket in both the US and elsewhere. Specifically, markets are due to...

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

Private sector eurozone activity posted a marginal contraction in October, according to the latest flash PMIs. Activity in the UK, by contrast, continued to expand, but at the slowest pace since...

USD The dollar’s climb continued on Wednesday, with the DXY index gaining another 0.3%. Even so, yesterday afternoon saw the greenback appear to hit a ceiling, not unsurprisingly we think, given our...

The US dollar has been on a tear over the past few weeks boosted by a string of positive economic data tempering the expected rate path from the Fed and investor’s betting that Donald Trump will win...

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in...

USD The dollar posted further gains on Tuesday, extending its recent run higher. Not only did this leave DXY trading above 104 for the first time since early August, but the index has now gained...

The EUR/USD pair was a tad higher during the first half of the European session, but just like the previous day the small gains could prove to be short-lived as the US dollar continues to strengthen...