Currency Analysis & Comment

FundamentalsWhile Eurozone inflation surged to US levels, the euro has three primary disadvantages versus the dollar:Interest rate differentials Recession Ukraine conflict Interest Rate...

GBP/USD falls despite stronger-than-expected UK growth data Overall trend still somewhat positive for cable  Most of the bad news already in price The GBP/USD extended its declines for the second day...

Falling oil prices and bond yields is good news for yen Dollar weighed down by concerns about US economy, peak inflation Cracks starting to appear in USD/JPY charts The USD/JPY will be in sharp focus...

The Swiss franc has gained against the dollar for the past three months, the longest stretch since 2020. The rally began in May as spiking volatility in global financial markets sent investors into...

EUR/USD pauses at parity Potential for short squeeze rally Will ECB deliver a surprise 50bps hike?  The EUR/USD has been in focus this week as it descended towards parity before breaking it and then...

The Bank of Canada shocked investors Wednesday, raising interest rates by 100bp, the largest single-month increase for the central bank in 24 years. Going into the meeting, investors anticipated a big...

With the EUR/USD now on its sixth consecutive down day and just over 1 cent above the key 1.00 handle, it is clearly one of the important charts to watch today as it gets ever closer to parity. The...

The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid on Friday after US consumer morale hit an all-time low, as measured by the...

By raising interest rates 75bp to 1.75% at its June monetary policy meeting, the Federal Reserve is telling us it is willing to risk recession for inflation. Not only did the central bank raise...

Both the U.K. and Eurozone are facing economic challenges, albeit differing ones. However, we expect the euro to outperform the pound sterling. Here are a few fundamentals to consider. First, Brexit...

With the Federal Reserve expected to raise interest rates for the third time this year, the U.S. dollar is hovering near multi-year and, in the case of USD/JPY, multi-decade highs. The greenback...

The rising U.S. dollar has eased a bit today as bargain hunters seem to be returning to risk assets. US index futures contracts on Tuesday were all trading higher after Monday's tumble. The USD has...

Friday's US CPI print showed an unexpected YoY jump to 8.6% in May, extending April's 8.3% consumer price inflation rise. The accelerating increase in prices is pushing the Federal Reserve into the...

An eventful week for the Rand to say the least! The local unit continued to make an impressive recovery, reaching its best levels since April on Thursday morning only to give it all back by Friday...