BoE weighs on GBP - The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either...
Daily Markets Brief - There are a lot of ‘kids’ out there who have never seen a rate move from the Bank of England who may well be seeing their first one today. The...
US dollar - GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near...
Forex News - The yen is again standing out in overnight activity, extending the losses seen in the wake of weekend upper house elections seen yesterday. The move is significant...
Weekly Currency Report - The highlight of the week was release of the US nonfarm payrolls data and the Federal Reserve monetary policy meeting minutes. Macroeconomic data...
USDJPY Analysis - The overnight fun has been on USDJPY, with the Japanese PM pledging to add more fiscal stimulus after the LDP gains seen in the upper house elections over the...
Daily Forex Analysis - The price action in equities yesterday was driven by currencies and in particular, the pound. As I explained last week, the primary beneficiaries from the...
Forex Daily Analysis - EURUSD is retesting the 1.110 level for support ahead of what could be the next leg up to test the 1.120 level. USDJPY has turned bearish and is seen...
Forex News - Relative stability has returned to markets, but the scar left by last week’s Brexit vote still runs deep, most notably on sterling, but also on stock markets and...
Forex News - All the jokes about the UK exiting Europe twice in one week have been made, so we’ll move on swiftly from that. Markets have seen some reversal from the sharp...