Daily FX / Forex trading commentaries

FX / Forex trading commentaries and briefings from the leading FX specialists, market analysts, traders and dealers.

Currencies Direct: Markets open on a positive note for sterling

20 February 2017, Sam Budd, Currencies Direct

After disappointing Retail Sales figures for the UK last Friday and a drop in sterling, the pound begins today looking relatively positive.

Saxo Bank: A week of merely waiting for next week?

20 February 2017, John J Hardy, Head of FX Strategy

With a paucity of USD event risks this week, it’s unclear if we’ll see a strong signal from it this week. The next key US event is Trump’s policy speech.

FxPro: AUD/USD bull nears mid-term major resistance zone

20 February 2017, Devata Tseng, Technical Analyst, FxPro

The Aussie has been one of the best currency performers this year to date as a result of the retracement of the dollar and the rebound of commodity prices.

UKForex: US rate hike message and UK inflation surprise markets

15 February 2017, Dean Weller, Senior Private Client Dealer, UKForex

Yellen's rate hike rhetoric provided a surprise for markets yesterday, as did the UK's higher inflation, which though below expectation, looks set to rise.

Saxo Bank: Wealth of US data after Yellen boosts USD

15 February 2017, John J Hardy, Head of FX Strategy, Saxo Bank

Dovish Fed Chair Janet Yellen was relatively hawkish in her testimony yesterday, though refused to be drawn on the timing or number of rate hikes in 2017.

Will Yellen’s testimony lead to further recovery of the US dollar?

14 February 2017, Nordine Naam, Natixis

With last week lacking in major news for the US, and Donald Trump's Twitter uncharacteristically quiet, the US dollar started to recover.

UKForex: UK CPI and Yellen the ones to watch today

14 February 2017, Dean Weller, Senior Private Client Dealer, UKForex

Attention shifts to today's headline - CPI. Expectations are 1.9% but this could quite easily overshoot and hit the 2% goal set out by the BoE.

UKForex: Bank of England’s 2% inflation target nearing

13 February 2017, Dean Weller, Senior Private Client Dealer, UKForex

It could be a significant week for the pound as the Bank of England's inflation target of 2% looms, and is projected to land at 1.9% tomorrow.

Saxo Bank: USD traders await Yellen testimony this week

13 February 2017, John J Hardy, Head of FX Strategy, Saxo Bank

Fed chief Janet Yellen is one of this week's primary focuses as she prepares to give testimony before Congressional committees on Tuesday and Wednesday.

Saxo Bank: RBNZ waxes dovish, smites NZD

9 February 2017, John J Hardy, Head of FX Strategy, Saxo Bank

The RBNZ was incredibly dovish in a statement last night that highlights it's unhappiness with the recent kiwi exchange rate, saying it needs to drop.

UKForex: Commons set for Brexit bill vote

8 February 2017, Jake Trask, UKForex

Following the dismissal of a number of proposed amends, Commons will vote on the Brexit bill. If passed, it will be passed to the House of Lords.

Saxo Bank: GBP strength impresses, USD continues to firm

8 February 2017, John J Hardy, Head of FX Strategy, Saxo Bank

Support from a BoE official yesterday for an increase in interest rates in the UK saw the pound jump, will it stay on course after BoE agents report today?

Saxo Bank: Euro weakens as EU sovereign yields diverge

7 February 2017, John J Hardy, Head of FX Strategy, Saxo Bank

The most salient development yesterday was a dive in European equity markets and related weakness in the euro as sovereign spreads widened sharply.

UKForex: Parliamentary debates on Brexit continue today

7 February 2017, Joshua Hughes, Private Client Dealer, UKForex

A slow start for the week in terms of data for the US dollar saw the UK's parliamentary Brexit debate take centre stage, and it enters day two today,

USD: still at the mercy of President Trump

6 February 2017, Nordine Naam, Natixis

With President Trump's wave of executive orders, off-the-cuff comments and bold social media activity continuing, the USD hangs in the balace.

 

Webinar: Emerging market currencies: an outlook for corporate investorsWATCH NOW
+ +