Currency Analysis & Comment

Britain and the European Union struck “Brexit Reset” pact in an attempt to remove trade bottlenecks and inject fresh momentum into both economies. Traders appear to approve the deal, with both the...

GBP/USD Key Points This morning’s UofM Consumer Sentiment survey fell to 50.8, the second-lowest on record, driven in large part by a rise in 1-year (to 7.3%) and 5-year (4.6%) inflation...

The Japanese yen is steady on Friday, after gaining 2% over the past three days. In the European session, USD/JPY is trading at 145.52, down 0.09% on the day. Japan's Economy Shrinks for First Time...

The New Zealand dollar is in positive territory on Friday. In the European session, NZD/USD is trading at 0.5906, up 0.54% on the day. New Zealand Inflation Expectations Rise New Zealand's two-year...

The British pound is in positive territory on Thursday. In the European session, GBP/USD is trading at 1.3287, up 0.23% on the day. UK GDP Gives the Pound a Boost The British economy expanded 0.7%...

USD/CAD has been on a grind higher since May 6 and has now returned to the key psychological level 1.4000 level. Volatility has subsided somewhat of late as trade deals and a rebound in overall...

U.S. CPI miss sinks dollar, lifts euro U.S. Treasury yields rise, Fed rate cut pricing dwindles EUR/USD eyes 1.1200 as pivot Bearish signals building in momentum Major US economic data still...

Some calm is returning to FX markets after another day of trade-driven volatility. The 90-day pause in the US-China trade war has allowed the US dollar to recoup some losses, although we doubt it...

In a significant breakthrough for global markets, the US dollar surged on Monday following an announcement that the United States and China had reached a deal to pause tariffs for 90 days. The...

The Japanese yen has started the week with sharp losses. USD/JPY is trading at 148.18, up 1.9% on the day. Earlier, the yen strengthened to 148.59, its strongest level since April 3. US and China...

Markets are anxiously awaiting today’s update from Secretary Bessent on the content of initial US-China trade talks over the weekend. We think the market baseline is for tariffs to be cut to 60%, and...

USD/CAD breaks out of descending channel following trade deal news. Correlation with bitcoin surges to 0.99, highlighting risk-on behaviour. Key resistance at 1.3947; break above targets 1.4027 and...

Markets have welcomed the first US trade deal since Liberation Day, although the British-American agreement is hardly a game-changer for either of the two countries. The US dollar is benefiting from...

Treasury yields rising for growth, not fear Safe haven appeal fading as risk appetite returns Fed cut bets unwind sharply, supporting the dollar USD/JPY surges to one-month highs USD/CHF flirts with...