Currency Forecast

The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the...

EUR/USD faces downward pressure with a break below 1.06 potentially signaling new lows for the year. US inflation data could provide the US dollar with more momentum, weighing on the euro. Key...

As the dust settles after last week’s US election results, global markets are settling into core trades of a firmer US dollar, higher US equities and higher terminal rate from the Fed. Importantly in...

Rest of World currencies took a leg lower on Friday after reports suggested that Robert Lighthizer will likely head the next Trump administration’s trade policy. His name shouldn’t have come as a...

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,...

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 EUR/USD is feeling the effects of a holding pattern in financial markets, as traders remain hesitant to commit to specific positions. With an exceptionally tight US presidential race, many are...

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...

Markets are seemingly scaling back from a few Trump trades, and we suspect the next two days can see some abnormal swings in US Dollar crosses due to tighter volatility conditions ahead of a closely...

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...