Currency Analysis & Comment

AUD/USD rejected at uptrend resistance for the third time. Bearish candles forming despite bullish momentum signals. NZD/USD fades again above .6000 with divergence building. Trade sentiment key...

The euro fell close to 1% on Wednesday but has recovered. In the European session, EUR/USD is trading at 1.1430, down 0.09% on the day. Euro, German PMIs Contract in April Euro and German Services...

The US dollar is enjoying some support thanks to a recovery in US market sentiment. At the moment, no other G10 currency has a higher beta than the dollar to US trade news, and Treasury Secretary...

The US Dollar Index (DXY) is down 8.8% since the start of this year (chart). That has sparked lots of angst, the worry being that this might be just the beginning of a secular decline in the dollar...

The US dollar is facing renewed pressure on Fed independence fears, which threaten one of the foundations of the dollar’s value as a reserve currency. Downside risks have increased for USD, even...

The EUR/USD broke out over the weekend and, for Easter Monday, hit a new trend high. However, this move today was not as convincing as previous moves. Let me explain. The move higher out of the...

USD/JPY tracking haven assets, not yields or risk assets US trade headlines and Treasury auctions key this week Selling rallies preferred with 141.65 key support The Japanese yen continues to...

At the press conference following the 25bp rate cut decision, European Central Bank President Christine Lagarde showed an increased sense of urgency in light of ongoing trade tensions and increased...

USD/JPY closes below 142.00 despite strong U.S. retail sales. AUD/USD near key resistance ahead of Aussie jobs report. ECB guidance on euro strength may rattle FX markets. Thin liquidity heightens...

FX markets are a little calmer, but traded volatility levels remain elevated. What interests us today is the February Balance of Payments data in the eurozone and the Bank of Canada rate decision....

The US Dollar has been pretty darn weak for the past several weeks. Since December, it’s fallen from around 109 to 100. Is this short-term freefall almost over? Or just beginning? Depends on what...

The modest rebound in US equities yesterday shows markets remain jittery despite China tariff exemptions. The US dollar has failed to rebound despite a recovery in Treasuries; we doubt the confidence...

GBP/USD is trading at levels last seen in October 2024, with recent UK labor data showing wage growth. Market participants are watching for cues on the Bank of England's potential rate cut at the...

The market’s shift towards more interest rate cuts, supported by Fed signals, strengthens EUR/USD prospects. With inflation nearing target and recession risks rising, the Fed’s actions could further...