Currency Analysis & Comment

The GBP/USD was a touch higher on Tuesday after it managed to rebound on the back of a firmer risk tone on Monday. That followed Israel’s limited response in Iran at the weekend, raising hopes that...

Key U.S. and eurozone data could set the tone for EUR/USD ahead of the election. Fed's rate decision and GDP updates may drive volatility in the currency pair. Traders should brace for big moves, as...

The proximity to the US election can favour more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up...

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

The US dollar lost some ground yesterday on a correction lower in Treasury yields, but upside risks from the US election persist. Donald Trump’s seemingly stronger momentum should translate to higher...

This is the first BRICS summit since Egypt, Ethiopia, Iran, and the UAE joined the bloc earlier this year. Among many things on the agenda is the issue of reducing reliance on the US dollar in...

Inflation data from the UK sparked speculation of more rate cuts by the BoE. This has put GBP/USD bears on alert. With the pair near 1.30, traders are watching for a potential breakout towards...

A strong U.S. economy and geopolitical risks are key drivers for the US dollar's current trajectory. Differing central bank approaches globally favor the dollar amid potential trade policy...

EUR/USD traders await the ECB meeting as the pair hovers near key support levels. Shifting Fed and ECB rate cut expectations continue to drive volatility in the pair. Upcoming U.S. economic data and...

DXY is testing key resistance amid strong economic data and geopolitical tensions. Fed remains cautious on more rate cuts, with upcoming retail sales data possibly swaying sentiment. Meanwhile,...

The big drop in Chinese markets we have seen over the past two sessions has kept the pressure on commodity dollars, although European majors EUR/USD and GBP/USD have been largely unaffected, with the...

Political turmoil in Japan is not conducive to further interest rate hikes, weighing on the yen. Meanwhile, US labor market remains strong, and Fed may be mulling a smaller hike. With this backdrop,...

Strong jobs data and geopolitical tensions boost the Dollar Index ahead of key inflation reports. Shifting Fed rate cut expectations position the greenback at a crucial resistance level. Ahead of...

The EUR/USD pair struggles near 1.1050 amid upbeat US data and declining inflation in Europe. Traders brace for volatility ahead of crucial US employment data impacting rate expectations. A...