Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
As the virus count falls in major countries and the vaccine roll-out proceeds with fits and starts, the mood in markets is improving. It helps too…
The dollar traded near a two-month high versus the euro and turned bullish against most major on Wednesday which leaves its safe-haven counterpart JPY as the…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
FX: Commitments of Traders (CoT) report: Trim EUR longs, add to JPY longs Speculators seem to have taken a cautious stance ahead of the US election.…
A while ago, it looked like central banks were irrelevant as far as the forex market was concerned. With monetary policy on hold for the foreseeable…
Rates as of 04:00 GMT Market Recap GBP was the best-performing currency. EUR/GBP broke through 0.90 and both hedge funds and real-money investors were buying. Why?…
Rates as of 04:00 GMT Market Recap Another day, another downleg in the dollar. The Empire State manufacturing index missed expectations and fell to 3.7 from…
Commitments of Traders (CoT) report The market keeps on buying euros and selling dollars. Both the EUR and DXY contracts are at extreme positions for the…
Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
