Currency Analysis & Comment

Persistent inflation pressures Bank of Japan’s policy, complicating the decision on further tightening. Trade tensions, especially tariffs, risk economic slowdown, influencing Japan’s inflation and...

One big factor weighing on DXY is the lack of clarity about what the tariffs are ultimately meant to accomplish. The lack of a consistent message about the primary purpose driving the aggressive...

US Dollar recovery faces hurdles as trade optimism battles conflicting signals and weak technical momentum. Key US employment and inflation data this week could reshape Fed rate expectations...

The mood music coming from the European Central Bank (ECB) sounds fairly dovish, with some even speculating over 50bp of rate cuts. Concerns over inflation seem to have largely evaporated, and...

USD/JPY correlations with risk assets remain strong Major U.S. data releases could shape rate cut expectations BOJ expected to hold, but updated forecasts are key 144.00 remains a crucial technical...

Hear, hear: the US Dollar is going down. Investors love to attach an ex-post narrative to any price action, and this time the blame was on Trump’s erratic policies, the reduced attractiveness of US...

The Swiss Franc has significantly risen against the USD, driven by safe-haven demand. Concerns are growing about potential intervention by the Swiss National Bank (SNB) due to the Franc's impact on...

For a government that has never shied away from taking an active role in markets, China’s ruling party has seemingly taken a laissez faire approach to its currency despite the Trump Administration’s...

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...