Currency Analysis & Comment

Key central bank meetings lie ahead, with the BOJ expected to hold rates. Japan’s GDP missed forecasts, with both quarterly and annualized figures falling short. USD/JPY tests 151 yen, with 155 yen...

The week started with another US data disappointment, as softer-than-expected retail sales added to worries about a deteriorating consumer picture. Today, geopolitical developments are in focus as...

Decades ago, a groundbreaking multilateral agreement recalibrated the US dollar, easing trade imbalances and reinvigorating domestic industry. Today, a similarly ambitious proposal draws on both...

The US dollar is weakening due to economic slowdown signs, political uncertainty, and Trump's trade policies. Markets are watching the Fed's interest rate decision, while Germany's stimulus plan...

Risk assets are a little calmer at the start of a new week. US Treasury Secretary Scott Bessent has tried calming some nerves by calling equity corrections healthy. But a combination of US activity...

The big news over the last month has been European leaders embracing fiscal stimulus. The prospect of looser eurozone fiscal policy and relatively tighter ECB policy (we now think the terminal rate...

Despite a cooler-than-expected US core CPI print yesterday, the US dollar is recovering some ground. The focus now shifts to PPI figures today as well as the discussion within the Senate to approve a...

USD/JPY rebounds but faces pressure from weak US data. 149.00-150.00 resistance key, downside risks remain. Inflation fears and trade risks keep volatility high. Get the AI-powered list of stock...

After a week when FX markets were very much dominated by events in Europe, focus this weeks shift to China. Chinese retaliatory trade measures against US agricultural goods have come into effect and...

The US dollar fell last week due to Trump's inconsistent trade policies and signs of a slowing economy. February's non-farm payroll data disappointed, with unemployment rising, increasing the...

This week's FX price action has been dominated by two stories: the re-rating of the euro (EUR/USD) on the back of looser fiscal and tighter monetary policy expectations and the weaker US...

The US Dollar Index rallied sharply into inauguration day. Since then, it’s been very weak. Could things get worse for King Dollar? Today, we share a “weekly” chart highlighting a potential topping...

EUR/USD is trading at 1.08 following gargantuan moves in European yields. At the current level, the pair is only 1.2% overvalued in our calculation, and we’d be cautious to pick a top before the ECB...

The euro EUR/USD has surged after European leaders announced big spending plans for defence and infrastructure. This comes at a time when President Trump acknowledges that tariffs are causing a...