Currency Forecast

In a world where the US Dollar still makes the world go round, it’s vitally important that investors pay attention to potential pivot points for the buck. There’s a reason why we call it King...

If anyone was expecting the US election result and UK budget to significantly impact the Fed and BoE policy message, they were let down by two consensus 25bp cuts and rather balanced guidance. In FX,...

The Japanese Yen has been weak versus the US Dollar over much of the past 2 years. However, that trend could be coming to an end if today’s chart pattern continues to play out. Today, we look at a...

We are revising our EUR/USD forecast lower following the Republican clean sweep. We assume that Trump will go ahead with both tax cuts and protectionism, with the latter triggering a dovish ECB...

After a day dominated by the resounding success of the Republican party, FX markets today return to the more familiar territory of central bank policy meetings. These take place in the US, UK,...

The US Dollar is the world’s reserve currency and, as such, it garners a lot of attention from traders, investors, and media. Out-sized moves in the US Dollar can lead to moves in all asset classes....

Within 24 hours we may or may not know the identity of the 47th president of the United States, but FX options markets have priced in a respectful level of exceptionally high volatility over the...

The U.S. dollar faces uncertainty with elections and Fed decisions ahead. Key support at 104 will be vital for the dollar's direction amid rising volatility. Election outcomes could significantly...

I am not exaggerating when I tell you that I get hundreds of emails a day from forex traders asking me why didn’t this trade work out, why didn’t this trade work out and it is constantly the same...

It’s been busy in FX markets with surprisingly strong 3Q growth in Europe and an aggressive tax-and-spend budget from the UK Labour government. Eurozone rates and the EUR/USD could stay more...

Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...

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...