Currency Analysis & Comment

The Australian dollar has remained under pressure against its US dollar counterpart as traders price in rising geopolitical tensions and easing US dollar strength.

For the start of the week, AUD/USD has been on the backfoot having succumbed to a USD rebound on Friday. The following takes into account the price ac

A consolidation of Fed tightening expectations at the start of the year oddly coincided with an unwinding of dollar longs. We think that a more balanced positioning can help the US dollar recover, and...

The weekly forecast for the AUD/USD pair is slightly bearish as the technical levels resist gains while the US dollar attempts to gain back. On Friday, the AUD/USD pair hit a high of 0.7313, but the...

A smart move is to be outside of the markets just in case something happens over the weekend that could impact the market.

Technical evidence is accumulating that the Euro’s resiliency is in the rearview mirror.

The USD/CHF snaps three straight days of losses, edges higher during the New York session, trading at 0.9139 at press time. A risk-off market mood, in

Today, we could expect a continuation of the pattern and another slow climb above the 1.375 temporary overhead resistance level.

The South African rand has flourished against the U.S. dollar since late November 2021 but this may be coming to an end with the Federal Reserve adding to its already hawkish narrative.

EUR/USD managed to clinch fresh tops in the 1.1480/85 band during early trade, although it gave away those gains afterwards on Friday. Further upside

EUR/JPY adds to the recent corrective downside and extends the break below the 131.00 mark on Friday. As long as the cross remains capped by the YTD h

There is a lot of volatility out there so the smaller currency pairs such as the US dollar/Indian rupee market will probably get slapped around by a lot of external factors.

The EUR/USD is set to reach new 2-month highs around 1.1480. Under strong downward pressure, the dollar has fallen to multi-week lows. ECB chief Lagarde’s speech on German GDP is the next key event. 

AUD/USD is looking to extend the rebound to test 0.7300 after basing out near 0.7265 in the Asian trades. Mixed Chinese trade figures for December fai