Currency Clips Archive

Brief news and analysis from around the world of FX

Gold outlook: Will gold test $1,900 as coronavirus infections rise?

Gold price has been on an upward trend in the past few months. Its price has risen by 10% in the past three months and by about 7% in the past month. Trading at $1,810 per ounce, the price is at the highest it has been since 2011 and a few points below its all-time high. ...show more

Gold outlook: will the current underperformance continue?

Gold price reached a year-to-date high of $1,768 on May 18. Since then, its performance has straggled behind the overall market. In the past month alone, the price has declined by about 0.6% while the S&P500 and Nasdaq 100 have gained by more than 8%. ...show more

Gold outlook: demand to rise as global debt soars to unprecedented levels

The price of gold has moved relatively sideways in the past thirty days as the market continued to focus on the reopening of the world economy. Investors have also been focusing on the actions of central banks including the Federal Reserve and the European Central Bank...show more

Gold outlook: Corporate earnings and fiscal and monetary policy in focus

Gold price has risen by almost 2% in the past month while the dollar index has risen by more than 4%. This price action was mostly due to global central banks and policymakers. The two have moved swiftly to support the economy....show more

Gold Outlook: Is March the Golden Month for Gold Price?

The outbreak of Covid-19 has had major implication in world markets in the past 30 days. Global stocks, as measured by the MSCI index have dropped by more than 14% in the past 30 days alone. The Bloomberg Commodities Index has declined by more than 6% while the US dollar index has declined by more than 2%. Gold has been an outlier as its price has soared by more than 7%....show more

Gold steadies as Coronavirus spread raises chances of a Fed rate cut

The price of gold has risen by more than 4% this year. In the same period, the Bloomberg Commodity Index has fallen by more than 7% while the dollar index has risen by more than 2%. Bitcoin, on the other hand, has risen by more than 40% this year while the S&P500 has risen by more than 3%....show more

Political uncertainty and Fed could push Gold Price higher in 2020

Gold started 2020 on a positive footing with the price rising more than 2% in the first two weeks of the year. This rally is a continuation of the 18% rally that happened in 2019. The question among investors is whether the current rally can continue....show more

Beware December 15th!

While we count down the days left in the year, there’s one big date left for gold investors and indeed for all the financial markets:  The 15th December. Here’s the background....show more

Will Japan’s spur helps BOJ maintain low-rate policy?

More than two decades ago, Japan led the way to the zero rate policy. Shortly after, many countries started implementing near or below zero interest rates...show more

Will the Euro Return to Form in 2020?

The euro began trading on 4th January 1999 at $1.16 and since its inception has seen a plethora of fluctuations which couldn’t have been predicted by the best of economists. With world events, political uncertainty and acts of terrorism all contributing factors to the instability of the euro, what does the future now hold for one of the world’s most used currencies?...show more

Gold supply & demand: the latest

The World Gold Council (WGC) last week published its quarterly “Gold Demand Trends,” giving the data on the supply and demand for gold. It shows that record prices for gold in some non-dollar currencies has apparently discouraged purchases of physical gold through jewelry and bars & coins....show more

Weak exports affect Japan’s GDP growth

Japan’s economy is operating below its potential, growth in Japan’s economy slowed down in the third quarter ending September, at its weakest in a year, as trade conflict threatened and slow global demand pressured economic expansion. ...show more

Will Japan’s Implemented Consumption Tax hike cause an economic slowdown?

In October, Japan witnessed a transformation of price lists as a result of the 10% consumption tax increase. After several delays, Prime Minister Shinzo Abe implemented the new tax bracket. The only way to raise funds to improve the country’s ballooning social welfare costs. ...show more

US FED cuts rates & maintains strength to wind Up 2019

Q4 has now officially began in the wake of a new Fed rate cut. In the previous article, we were leading up to the FED’s September rate decision. The FED rate currently stands at 2.00%, although the recent manufacturing data coming out of the USA shows a lack of growth missing its expectations; the figures released for September are the lowest in the past decade. ...show more

Will Trump finally use his power to weaken the Dollar?

In the first quarter of 2019 I expected the Dollar to turn lower against its major peers. Many factors were taken into consideration back then, including weaker economic prospects, dovish Federal Reserve, end of fund repatriation by US firms, and widening twin deficit. However, none of these factors were enough to end the King Dollar’s rally....show more

The opportunity benefit of holding gold

Inflation expectations have been falling in many countries around the world this year. Gold is often viewed as hedge against rising inflation. Does the fact that people expect inflation to be lower from now on mean that gold can’t go any higher from here?...show more

Japan’s downgrades Q2 GDP as trade war hits business investment. What is BOJ’s next step?

The Yen remains under pressure after the country’s GDP grew at a slower pace in the second quarter of 2019 by an annualized rate of 1.3% down from 1.8% growth y-o-y. Slower growth pace, weakness in the global economy and worsening trade protectionism, has intensified chances for Bank of Japan (BoJ) to deepen stimulus this month.  ...show more

USD gradual strength going into the fourth quarter

Leading up to the July 2019 analysis we witnessed the EUR/USD pair gradually climb to the 1.1412 level and reach a peak, as predicted, since this period in the middle of the year the “bears” seem to have turned the tables and taken control of the trend throughout Q3. Looking forward to Q4 will this Dollar strength be able to hold up against forces of future potential FED rate cuts?...show more

Q4 Outlook: Dollar’s safe haven status should preserve 2019 gains

The Dollar Index (DXY) is set to end the third quarter having gained more than two percent, and that’s even with two Fed rate cuts occurring during the period. Considering the downside risks that still plague the global economy, the Dollar is expected to hold on to its advances and end 2019 with gains for the year. The Dollar’s safe haven status has really kicked in amid US-China trade tensions and waning global growth, while pockets of geopolitical risks compound investors’ uncertainties....show more

Aussie Dollar advances but stoppers are imminent

The Australian Dollar advanced after the latest official figures cast China’s economy in a resilient light despite the ongoing trade spat with the US. This helped to boost sentiment toward all risk-sensitive assets and leave the Aussie well placed. However constant global rate cut discussions could be about to put the stoppers on the potential for long term upside....show more

Yen loses gains amidst mixed fundamentals

Prime Minister Shinzo Abe has twice avoided raising the consumption tax, quoting domestic and international economic uncertainties. This time however, despite mixed economic signals and the tax’s unpopularity among voters. Abe appears determined to go ahead with raising the tax. His administration last month approved an annual economic plan confirming the hike in order to cover spreading social security costs....show more

The Euro climbed to 1.1412 but Eurozone uncertainty dampens growth

Moving into the start of Q3 of the current financial year, the low point - as we can see in our previous analysis back in the start of May 2019 - according to our estimations has been reached (1.11) and the pair has since changed its trend and seems to be rather bullish as the Euro managed to break above significant resistance and psychological levels after two consecutive upward rallies, currently trading around the 1.1330 level, having first reached 1.1412....show more

Dollar running on borrowed time as Fed dangle keys to rate cut

King Dollar’s iron throne will be under threat during the second half of 2019 as expectations intensify over the Federal Reserve embarking on a monetary policy easing cycle....show more

Headwinds impact Australian Dollar

There are huge headwinds causing the Australian dollar to remain under pressure over recent weeks, all of which show no signs of changing in the short term. Add the major economic headwinds to the upcoming federal election, and the uncertainty this causes and you can understand why the Aussie is finding it hard to cling on to any of the recent rallies. The Australian Dollar had a slightly more positive start to the month despite a decidedly negative start for global stock markets which would typically be met with sharp declines in the Aussie currency. Global markets have fallen into the red on concerns that the U.S.-China trade war may re-escalate....show more

Central bank’s forward guidance suggests inflation target remains a long way off

The Bank of Japan has vowed not to raise interest rates before spring 2020. A specific date gives markets better certainty during the next year, with nobody expecting a rate rise, and will unlikely make any substantial difference to the economy....show more

Global trade issues prolong Euro uncertainty

Since my last analysis on the 15th of March, more key factors affecting the Euro and the Eurozone, after Draghi’s last speech at the ECB conference, need to be taken into consideration. There has been weakening growth within the Eurozone and this has affected the future inflation forecast as well. The Headline inflation predictions have also been downgraded by the ECB, thus forecasting inflation at 1.6% for the financial year of 2021....show more

Yen’s lure amid US-China trade uncertainties may dampen Dollar index

Amid the recent ramp-up in US-China trade tensions, market observers wouldn’t have been faulted for expecting the Dollar to rise on the wings of risk aversion. Instead, in the days leading up to May 10 when US tariffs were more than doubled to 25 percent on $200 billion worth of Chinese imports, the Dollar index continued weakening towards the 97-support level....show more

Aussie dollar remains under pressure

By James Hughes, Chief Market Strategist at AxiCorp Financial Services Pty Ltd...show more

Stop-Start Growth in Japan: Yen is controlled so BOJ can drop inflation goal. Could the worst be behind?

By Reem Aboul Hosn, Research and Market Analyst Officer, CFI Ltd...show more

EU revised GDP growth due to uncertainty

Michael Kopanakis is head of brokerage at SquaredDirect...show more

Dollar bulls and the divergence trade

By Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM...show more

Ethereum’s upcoming hard fork to further fuel wider cryptocurrency rally

Ethereum’s price will “continue to soar” throughout 2019 – and a main driver of the continued rally will be this week’s hard fork. The comments from influential tech expert Ian McLeod of Thomas Crown Art, the world’s leading art-tech agency, come as the second largest cryptocurrency has secured an impressive rally over the last month....show more

Aussie Dollar playing on ‘Defence’

To use a sporting analogy, the Australian Dollar (AUD) has been playing on ‘defence’ to start 2019. In fact, the currency has kicked off the new year on the same weaker footing with which it ended 2018, with conditions in the global trading environment being less-than-conducive for higher-risk currencies such as the AUD....show more

Tax hike and global slowdown threaten Japan’s economy in 2019

Next October, Prime Minister Shinzo Abe confirmed a raise in consumption tax from 8 to 10 %.  The last consumption tax increase, in 2014, sparked a recession, is there a chance that Abe might postpone the hike once again if economic indicators show a similar scenario? To offset any negative impact to the economy, the government is set to implement fiscal measures and policies, includes free pre-school education, tax breaks for car and home owners, and tax reduction on certain foods and beverages, to alleviate the burden on households....show more

Investors pushing in both directions, however, Euro could drop in Q1 2019

Released in December, the Eurozone GDP Year on Year figure came out lower than the previous result. The actual figure was announced at 1.6% growth, following the 2.2% growth figure of the previous period.  ...show more

Dollar bears enter 2019 in the driver’s seat

Widening interest rate differentials between the United States and other major economies ensured king Dollar reigned supreme in currency markets last year. ...show more

BOJ downgrades economic growth and inflation forecasts

Japan’s central bank ruled out a near-term interest rate hike in the middle of risks from global trade disputes, and raised warnings about vulnerabilities in the financial system from years of loose monetary policy. ...show more

‘Technicals’ struggling to keep Euro steady amidst high volatility and uncertainty.

October was a bad month for the Euro as it continued to lose ground against most of the other major currencies with limited exceptions like CHF and JPY. ...show more

The Greenback still has room to march higher

Investors and traders across the globe have been paying a close attention to the U.S. mid-term elections which delivered a divided Congress on November 7. ...show more

RBA happy with a weaker AUD

The RBA is quite happy with a weaker AUD - and despite weaker inflation numbers this week , we doubt that investors will have any solid reasons to chase the currency too much higher after a week that saw the same old story, but ended with a solid bounce. ...show more

Is the Greenback’s rally sustainable?

The U.S. Dollar’s exchange rate has attracted a lot of attention throughout the past several months, especially against EM currencies which many of them fell to record or multi years lows.  Argentine peso held the title of the worst performing currency in 2018, having lost more than half its value since the beginning of the year. ...show more

Australian dollar influenced by global backdrop

It’s hard to envisage an end to the Aussies aggressive downside at the moment, as external forces continue to drive the currency. Trade discussions between China and the US remain one of the biggest drivers here as the reliance on US dollar moves means that the greenback’s strength is doing a lot of damage....show more

Time is running out for a Brexit deal

There are just 200 days left before the UK leaves the EU and – at this moment – we still we have no deal on the table, and yet it is a vital time for the future of the British pound. During the first couple of weeks of September bullish bets on sterling increased as the EU’s chief negotiator Michel Barnier struck a more optimistic tone.  ...show more

Pound vs. Dollar: a battle of attrition lies ahead

We’re holding a stable outlook for the pound over the next month as the UK currency seems to have bottomed out against the dollar and the prospects of a correction higher seems increasingly favourable. ...show more

Trade spats make the dollar bulls sit on a powder keg

The Federal Reserve hiked interest rates in June and signalled that two more rate hikes are ahead. This information was somewhat surprising or investors, although market players treated the update with caution, building moderate bets on the dollar. ...show more

USD/JPY fundamental events match technical chart

Dukascopy Analytics has been paying attention to the movements of the US Dollar against the Yen since the start of June. It was apparent that the pair’s fluctuations on charts perfectly matched with and respected the borders of a simple channel pattern. ...show more

Markets tend to correct themselves - Europe’s sentiment unchanged

If not the most important benchmark to measure the growth and power of both the European and USA’s economy, the EURUSD chart is definitely one of the most important. Some months ago, when I was writing about the euro and Eurozone, I decided to emphasize on fundamentals and end the article with a technical analysis supporting the fundamentals....show more

Who’s holding all the Bitcoin...and why all the FUDing?

My previous e-FOREX article found interesting research about who bought Bitcoin and why. You’ve heard about the recent ‘doomsdayers’ and elderly middle America starting to hodl Bitcoin assets, so first lets deal with terminology! ‘Hodl’ or ‘hodling’ is misspelling of hold or holding on a message board back in 2013. ...show more

US economy improving moderately

The US economy grew at an annual rate of 2.5% in Q4 2017, 0.1% below Q3 (Q3 revised down from 3.3% to 2.6%), yet, it repositioned itself back within the 2-3% normal growth and away from recessionary risk. The decline in GDP reflects, partially, the gradual acceleration in PCE from 0.1% in September 2017 to 0.2% by year’s end....show more

The British pound faces huge risks

Q1 has not been a positive period for the British Pound, which has dropped around 500 pips since late January. Even though the first few weeks of 2018 were positive for sterling, fresh news coming from Brussels on the progress of the Brexit talks caught investors off guard. ...show more

Europe’s figures, sentiment and confidence seems to be high

After a good performance in 2017 and a solid start in 2018, I expect the momentum to be further sustained for the rest of 2018. The Eurozone could be looking forward to a great future after being quite stagnated for many years. ...show more

Bitcoin, Doomsday Preppers, Grandpa Joe’s Thanksgiving and all in between

When I was kindly asked to write this article I knew what to write but not necessarily the graphic to accompany it....show more

Trimming of the Fed’s optimism

Contrary to 2016, 2017 has been worrisome for bond investors as the steady flattening of the yield curve offers little returns, while the narrowing spread between short and long term Treasuries seems to agonise many analysts too with their 2018 outlooks; a heavy unwavering concern since the 30-10 Year US Yield Spread plummeted to 0.38% only recently, a 2007 record low....show more

A Brexit negotiations breakthrough but the real struggle for the pound now begins

December has been a ‘hot’ month for the pound with volatility directly linked to progress in the Brexit negotiations. Every time the headlines reported a positive development the British currency rallied only to retreat again when new obstacles came to light. The price action was capped within a narrow range between 1.33 and 1.3550, with the quick changes of direction making investors wonder whether this is a market to make profits, or one which is better to better stay away from....show more

Why the ECB could Be Hawkish

The Eurozone has come a long way from its early days of crisis and its economy has strengthened in almost all countries. For instance, the economic momentum is accelerating at a pace not seen since November 2011. This is despite the fact we have seen enormous amount of political unrest and investors’ confidence wobbled several times over this period. ...show more

Pound’s prospects against the Euro and the Dollar after a strong summer showing

The British Pound has been rather resilient in its price action during the summer time. At the same time, the performance of the domestic economy has been rather lackluster. Nevertheless, the Pound has been able to largely hold on its own....show more

Market appetite for U.S. Dollars is likely to experience wild swings

For most of 2016 U.S. high yield bonds returned plenteous profits to investors and led to reaching the 3rd best performance over a period of 20 years.  While these markets were driving debt markets, mainly on an U.S. turn from an industrial recessional period and on low interest rates, the U.S. economy strengthened....show more

The ECB is in a cat and mouse chase game

We have less than four months left before the ECB asset purchase program ends, and the president of the ECB, Mario Draghi is still reticent about the future path of the monetary policy. Month after month, the tapering process has been delayed while the recovery in the Eurozone has strengthened. ...show more

No immediate threats for the Euro

Most of the risk, when it comes to the EUR/USD pair, is in the rear window. It is safe to say that the Euro currency does not face any mammoth immediate threat. Investors are anticipating a move from the European Central with respect to their monetary policy because of abating risk. However, the bank has used a very balanced approach so far.  It is also safe to say that inflation remains the biggest thorn for the ECB and the president of the ECB, Mario Draghi has his eyes riveted on it....show more

Japanese Yen outlook versus US Dollar

Safe havens had strengthened across the board as risk events over the past month have lifted markets’ risk off sentiment. Notably; the London terror attack, UK general election, Trump’s Russia leak scandal and the gulf states cutting diplomatic ties with Qatar. JPY has been one of the best performing currencies over the past month....show more

US economy – A view on interest rates and the yield curve

While interest rates (IR) have continued to climb on major fiscal policy reforms and a rising consumer price index (CPI), U.S Q1 2017 GDP growth rates reached their lowest level since 2014, albeit rising quarter-on-quarter when compared to Q4 2016, signalling that the US economy is slowing down. ...show more

The Pound’s outlook is in shambles after the UK General elections

The UK General elections on June 8th was the most important risk event for the Pound since the Brexit referendum. Unfortunately for the Sterling, the elections resulted in a hung Parliament as the ruling Conservative party failed to command the majority needed and the Pound dropped almost 3% when Britain woke up to an uncertain political stage in the face of the Brexit negotiations. ...show more

The Euro - walking a tightrope

No fi rework, no noise as expected from the ECB. The press conference was colourless as well however Draghi was a little less dovish. The initial move for the Euro was towards the downside as the decision gives a signal that Draghi is still dovish. The ECB still sees the QE running for its course. ...show more

Japanese Yen Outlook Versus US Dollar

Japan’s economy is seeing faster growth. Japanese Q4 GDP growth in 2016 was revised up to 1.2%, showing four straight quarters of growth, indicating the Japanese economy expanding at a faster pace. Improved export conditions, corporate profi ts and capex (which benefi ts from the weakening of the yen post the US presidential election) is the major factor that has contributed to economic growth. ...show more

Outlook for the dollar: monetary policy vs trade policy

So far this year, the monetary policy divergence theme has pushed the dollar higher, but can this theme continue? A lot depends on what if anything the Trump administration does about trade. ...show more

Pound’s outlook ahead of triggering the EU exit clause

It has been a rough month for the Pound as the UK currency has been feeling the pressure from the implications of the Brexit decision; the prospects of a British economy outside the EU and the uncertainty surrounding the robustness of the domestic market in the years to come. ...show more

Growth Prospects Improving for Aussie in 2017

It is the optimism about the growth in year 2017, which has shrugged off the losses for the Aussie after its brutal GDP number. If you look at the county’s GDP, it has not contracted since March 2011. Thus, there was no surprise that we have seen such a reaction by traders when the GDP number was released. ...show more

Testing China

Beyond US shores, nowhere has Trump’s election as the next US President been more acutely felt as it has in Asia and on Asian currencies in particular. ...show more

Where next for Sterling?

It has been a torrid few months for the pound, with the outcome of the Brexit referendum providing the fi rst of a series of notable legs down for the pair. Cable for example may be trading a few cents above those 31 year lows of 1.20 which were touched in the wake of the “flash crash” at the start of October, but does sterling deserve to be looking so depressed as 2016 comes to a close?...show more

Italy says no, ECB still on the dovish side

It was clear that against a backdrop of global crisis, Italy would defy its government and not allow it the chance to apply European austerity policies. Matteo Renzi has made a wise decision by announcing his dismissal as he does not represent what Italians want. ...show more

The Brazilian real stands out

In theory at least, the carry trade should not exist. But theory and practise often diverge and even more so in the FX markets. Carry is what you make from the interest rate differential between two currencies. Currencies are money and money bears interest, so if you borrow (go short) in a lowyielding currency and invest (go long) in a high yielding currency, you will receive positive carry (or interest)....show more

Pound weakness can unwind in Q4

The British pound was the worst performer since the beginning of this year compared to G10 currencies. This drop intensifi ed after the U.K electorate voted in favour of a referendum to leave the EU. Meanwhile, Sterling fell by more than 13% against the U.S Dollar before finding a temporary low around 1.2798 level....show more

German economy suffers and ECB is still on the dovish side

Over the past weeks, German data has provided quite a disappointment after July factory orders came in below expectations at 0.2% m/m vs. 0.5% m/m. In addition, July industrial production was also very weak. Consensus bet on a quasi-fl at print at 0.1% m/m but the fi gure was released in negative territory at -1.5% m/m. Germany’s economic data is very troubling, especially when we consider that the country is the main driver of the Eurozone....show more

The Aussie Dollar - where to go from here?

A weaker currency is mostly considered as the key by most central banks if they want to stimulate growth. Monetary policy is the common approach that they use to devalue the currency. The currency warmed to a level of 0.6859 at the start of this year when the Fed were immensely bullish with respect to their interest rate hike. Nevertheless, it then regained its losses by touching the high of 0.7810 in late April for this year which was nearly over 14.75%; a signifi cant move when it comes to currency trading. Since then, we have given up some of these gains, but it is still up nearly 11.07% since the start of this year....show more

What’s driving growth in trading of Asian currencies?

The recent past has shown a growing interest among currency traders to trade in Asian currencies, with the currency contracts listed on exchanges in Dubai and Singapore witnessing a growth or 30% or more in the year 2015. ...show more

Gravity and the Brazilian real

The performance of emerging market currencies can often be split between domestic factors and overall sentiment towards EM in general. One of the major forces driving overall sentiment over recent years has been expectations of higher interest rates from the US Federal Reserve. There are two primary reasons for this. The first is the fear of and/or actual reversal of flows that were driven by the Fed’s easy monetary policy of recent years. Second is the pressure from EM dollar denominated debt, increasing the funding pressure on EM governments and corporates. But it’s not been the be all and end all of the past 3 years, which have seen EM FX as an asset class lose around one-third of its value....show more

More to come from the Yen

As the Brexit referendum looms, the focus is on GBP pairs both before and after the vote results. Here in the Middle East, investors will be the first to trade the currency market immediately after the referendum purely due to the time difference. At the moment Middle East investors overwhelmingly believe that the UK will remain in the EU. As a result, these same investors will likely turn to GBPJPY due to its fast movements, and this is good for ‘hit and run’ traders. Despite the notable rise across the board that began in December of last year and has continued until today, it appears that there is still more to come from the yen in the next few weeks. USDJPY has lost more than 14.5% since mid-December of last year, despite the introduction of negative rates by the Bank of Japan and the Government delaying a sales tax increase until 2019. ...show more

The CHF set to strengthen on Brexit fears

Unlike many other financial market events, the EU referendum not only has potentially extreme consequences but is also purely binary. Opinion polls are showing a dead heat between the “leave” and “stay” votes, with numbers well within the margin of error. This could mean the UK is in the EU on June 23 and planning an exit strategy on June 24. For financial markets, Brexit would have significantly greater consequences than a “remain” vote, so that is what we are focusing on – not because we like chaos but because that is where the greatest risk lies....show more

A roller coaster ride with the Aussie Dollar

The Aussie Dollar has had a roller coaster start and after a massive selloff, we have reached a low after touching the 0.685 mark. Investors are facing the question as to whether this is a line in the sand or not but the only way to answer this is to look at the policy stance by the Royal Bank of Australia....show more

Vulnerability of Asian currencies in the next half

For the second half of 2016, Asian currencies continue to be vulnerable owing to weakness in economies and uncertainty on US rate hikes prospect. We look at some of the issues on 4 of the biggest economies in Asia. ...show more

Middle East investors head for the Yen

From the middle of 2015 through the start of this year Middle East investors and traders have moved into the currency markets, in large numbers, to hedge their local equities investments primarily buying the Japanese yen....show more

The Brazilian real: Every dog has its day

Sometimes in the world of finance the simple approaches can work out the best. ...show more

The ECB tries everything

There is definitely something that cannot be hidden, the current European crisis is deeper than expected....show more

Will the Aussie Dollar head lower in 2016?

Will the Aussie Dollar head lower in 2016?...show more

Spotlight on the ECB

We expected some market volatility with the ECB meeting in December. There were signifi cant expectations concerning how far President Mario Draghi will expand the QE programme. The infl ation target of 2% has been said to be the primary objective of the central bank and Draghi mentioned that he will do whatever it takes to boost Eurozone infl ation -and growth - in the near future. ...show more

AUD: Navigating the China slowdown

When the Chinese economy roared out of the gates and onto the global stage, its major trading partners were the envy of the world. Australia, with approximately a quarter of its total exports going to China, was one of the lucky few. However, as the initial Chinese sprint slows to a trot, the close trading ties Australia boasts have turned from an advantage into the country’s Achilles heel. Among the industries hardest hit in this economic slump is the mining sector. Iron ore ...show more

Market themes for 2016

Thinking about the direction of currencies in 2016, we have to start with the question: what will be the main themes likely to persist throughout the year? The past year was dominated by fears about global growth, particularly China; the decline in commodity prices, particularly oil; and the denouement of policy divergence between the US and the rest of the world, particularly the EU. ...show more

Middle East update

Investors in the Middle East are looking for further weakness in the Euro against the major currencies and especially against the US Dollar (USD). Although it has been a choppy ride, the consensus, looking at the open positions, is for further declines towards the parity with the USD. ...show more

Brazil – the year ahead

Last time, I looked at the impact of events in China on LATAM currencies, but as we enter a new year and a likely Fed tightening, it's worth taking a step back and a look at what the coming year may hold. ...show more

Weak GCC equities pushing investors to FX

By Noureldeen Al Hammoury Chief Market Strategist at ADS Securities...show more

The LATAM split

By Simon Smith Chief Economist at FxPro...show more

IMF calls again for Greece debt relief

Yann Quelenn Market Strategist at Swissquote Bank SA...show more

Can Singapore Dollar sustain Parity Exchange Rate with the Australian Dollar?

By Kenneth Tan Forex manager at Phillip Futures...show more

Middle East Currency Update

By Noureldeen Al Hammoury Chief Market Strategist at ADS Securities...show more

The LATAM split

By Simon Smith Chief Economist at FxPro...show more

How much will the ECB and the IMF compromise?

By Yann Quelenn Market Strategist at Swissquote ...show more

Malaysia's inflation under control

By Daniel Ang investment analyst at Phillip Futures...show more

EUR on the top of ME traders List

By Noureldeen Al Hammoury Chief Market Strategist at ADS Securities...show more

Latam currencies - domestic factors to determine winners and losers

By Simon Smith Chief Economist at FxPro...show more

A weaker Euro to save Europe

By Peter Rosenstreich Head of Market Strategy at Swissquote...show more

A Look at the Malaysian Ringgit

By Kwah Wee Hong Forex Dealer, Phillip Futures...show more

The Central Bank of Russia faces difficult task

Jameel Ahmad Chief Market Analyst at FXTM...show more

The Middle East – the FX equivalent of Black Friday?

Noureldeen Al Hammoury Chief Market Strategist at ADS Securities...show more

2015 - Stepping away from the EURCHF Floo

Peter Rosenstreich Head of Market Strategy at Swissquote...show more

Latam currencies – a look ahead

Simon Smith Chief Economist at FxPro...show more

Indonesia - taking bold steps

Yu Chung Leong Forex dealer at Phillip Futures...show more

The Middle East awaits Scottish referendum

Noureldeen Mufeed Kh. Al Hammoury Chief Market Strategist at ADS Securities...show more

Latam FX – Tough going

Simon Smith Chief Economist at FxPro...show more

Scandie currencies remain interesting to trade

John J. Hardy Head of FX Strategy at Saxo Bank...show more

Spotlight on recent currency developments in China and Malaysia

Kwah Wee Hong FX Dealer at Phillip Futures ...show more

The zloty to retrace losses

Bartosz Sawicki Head of research at TMS Bro...show more

Scandinavia in Focus

Stan Klebaner Chief Business Development Officer at FinFx Trading Oy ...show more

Common macro backdrop, different perspectives

Bartosz Sawicki Head of Research at TMS Brokers...show more

Asian currencies to weaken versus the USD in H2 2014

John. J. Hardy Head of FX Strategy at Saxo Bank...show more

The last thing FX needs is the World Cup!

Noureldeen Mufeed Kh. Al Hammoury Market Strategist at ADS Securities...show more

C&EE

Solid fundamentals favor the zloty...show more

Scandinavia

A backdrop of falling inflation...show more

EM currency turmoil leads to increased ME flow

Max Knudsen Chief Market Strategist at ADS Securities...show more

A view from Asia - Q1 2014

The current view from Asia is driven by macro factors such as US tapering policy, recovery in the economies of key Western countries, and the risk that growing concerns of a Chinese slowdown negatively impact appetite for the region. ...show more

Latin America

Mexican Peso could be a star EM currency in 2014...show more

Scandinavia

Finnish and Swedish markets perform well...show more

C&EE

regional currencies less vulnerable than six months ago...show more

The Middle East looks to the East and the West

Max Knudsen Chief Market Strategist at ADS Securities...show more

Update Middle East

Q2 followed the pattern of previous years in the Middle East.  Volumes through April, May and June exceeded all expectations with flow from GCC based institutions and inward flows from Asia and Europe setting new records.  Targets which may have seemed in doubt after a lack luster Q1 were brought right back into play.  ...show more

A view from Asia

Storm clouds have been forming in Asia recently as macro liquidity tightens. ...show more

Spotlight on Latam – God must be Brazilian

When events are turning their way – Brazilians like to joke that “God must be Brazilian”. Well lately…. The ‘hand of God’ is more of a slap....show more

Scandinavia

Nordic-based volume at FinFX Oy decreased 15% from the previous quarter (Q1 2013). ...show more