Currency Analysis & Comment

The US dollar remains in corrective mode on the back of this week's tariff news and the drop in 10-year US yields. Tomorrow's US jobs data will have a big say in whether this correction needs to go...

USD/CAD looks ready for more downside after breaking key support—bears might be taking control. With Trump delaying tariffs, CAD bulls could see opportunities in EUR/CAD for a potential...

We observe that key China proxies like AUD have erased their risk premium on the back of a consensus view that Beijing will secure a deal with the US and prevent an escalation in trade tensions. We...

Trump’s initial tariff push jolted FX markets, with GBP/USD rebounding on hopes the UK avoids trade restrictions. Traders eye Thursday’s BoE meeting, where a likely rate cut could shape GBP/USD’s...

Markets are readjusting after Trump’s last-minute deals with Mexico and Canada which delayed tariffs by a month. From now on, markets may well handle tariff threats even more cautiously, but a new...

Trump's tariffs are pushing the U.S. dollar to new heights, shaking global currency markets. Escalating tensions and a stronger dollar could lead to inflation and economic disruptions. As tariffs...

The Trump administration has surprised FX markets by imposing large tariffs earlier than expected. The US dollar has strengthened sharply on the back of lower global growth expectations and...

EUR/USD turns bearish, testing 1.0200, break below targets parity USD/CAD hits 22-year highs; momentum indicators support further gains USD/CNH faces key resistance at 7.3750; watch for possible...

It's a busy day ahead in FX markets. The highlight should be another 25bp cut from the ECB, but we'll get plenty of fourth-quarter GDP data from the US and Europe. Elsewhere, we think this week's...

The currency market has followed the stabilization in tech stock sentiment, and today’s focus will shift to central bank meetings. We don’t think the Fed's conditions for a dovish tilt have been met,...

Central bank moves this week will impact EUR/USD, with the ECB likely cutting rates and the Fed holding steady. Traders await ECB and Fed actions, with inflation trends and political factors...

Equity market futures are tentatively testing stability this morning, but DeepSeek’s knock-on effect on US tech valuations may be longer-lasting. The US dollar proved inefficient as a haven in the...

The US dollar's fate hinges on key central bank decisions and Trump’s trade rhetoric this week. Fed and ECB moves, combined with trade tensions, will likely determine the dollar's next...

The US dollar has so far retraced about a quarter of its 10% run-up from late September. That has largely been a function of investors reducing the tariff risk premium embedded into the currencies of...