Daily News
Ukraine Escalation Fails to Shake Safe Havens.
USD: Geopolitical tensions from the Ukraine conflict have had limited FX impact, with the dollar’s overbought status tempering gains. USD/JPY breached 155.0, while safe havens JPY and CHF saw only...
FX Roundup: Steadying the Ship.
USD Consolidation: The US Dollar Index (DXY) is stabilizing after a sharp 7% rally over six weeks, with no clear drivers for major moves but potential seasonal pressures in December....
USD Bulls Stretch, Euro Holds, and GBP Waits….
USD Long Positions at Highs but Risks Loom: CFTC data shows USD long positions at their highest since July (12% of open interest), signaling stretched positioning. While a technical correction...
Hawkish Notes, Dollar Strength, and Global Currencies.
USD Strength Supported by Powell’s Remarks: Hawkish comments from Fed Chair Powell emphasized economic resilience, reducing expectations for a December rate cut and bolstering the dollar’s position. Inflation Keeps Fed...
Insights
GBPEUR: October Overview & November Outlook.
GBP/EUR exchange rate hits two-year high in October The pound euro exchange rate nosedived by more than 1.1% into the €1.18 mid-range on 3 October – its lowest level since…
GBPUSD: October Overview & November Outlook.
GBP/USD exchange rate touches two-month low in October following UK budget The pound dollar exchange rate slipped to an eight-day low in the $1.32 mid-range after the escalating conflict in…
GBPEUR: September Overview & October Outlook.
GBP/EUR exchange rate hits 29-month high in September Following a relatively subdued start to the month, the pound euro exchange rate dropped to a one-week low in the 1.18 mid-range…
GBPUSD: September Overview & October Outlook.
GBP/USD exchange rate strikes 31-month high in September The pound dollar exchange rate was largely subdued in the 1.31 mid-range at the start of the month, despite upbeat UK PMI…
GBPUSD: August Overview & September Outlook.
GBP/USD Exchange rate hits two-year high in August The pound began the month on the back foot following the Bank of England’s (BoE) interest rate decision on 1 August, causing…
GBPEUR: August Overview & September Outlook.
GBP/EUR Exchange rate breaks through 1.19 in August The pound euro exchange rate was subdued on 1 August despite the Bank of England (BoE) enacting a widely expected interest rate…
GBPEUR: July Overview & August Outlook.
GBP-EUR Exchange rate hits multi-month high above 1.19 The pound euro exchange rate traded near a three-week low around 1.177 on 1 July following the first stage of France’s general…
GBPUSD: July Overview & August Outlook.
GBP-USD Exchange rate touches 51-week high above 1.30 The pound dollar exchange rate touched a six-week low around 1.263 on 2 July amid rising odds of former president Donald Trump…
GBPEUR: June Overview & July Outlook.
GBP-EUR Exchange rate hits 22-month high in June The pound euro exchange rate edged lower on 6 June following the European Central Bank’s (ECB) interest rate decision. While it cut…
GBPUSD: June Overview & July Outlook.
GBP-USD Exchange rate touches ten-month high in June The pound dollar exchange rate bounced off the 1.27 benchmark on 3 June after the ISM manufacturing PMI showed a sharper-than-forecast contraction…