Currency / Forex

The ’s reluctance to take action despite pledges to respect the inflation target, which has not been met in over five years, put the under pressure. Then yesterday, it appears...

The US dollar’s main rivals have capitalised on its weakness. USDJPY recorded its sharpest fall in two years. The US dollar recorded its worst two-day performance since January amid a...

The escalation of the Middle East war sent oil prices sharply higher and pulled interest rates up, too. September rose by more than 10% for a three-week increase of more...

EUR/USD is rising on expectations of ‘hawkish’ rhetoric from the ECB. The rally in Brent crude and Treasury yields is not helping the US dollar. The US dollar has retreated,...

Retail speculators analyze in a complete Western vacuum, staring blindly at the Federal Reserve while ignoring the massive systemic liquidity plumbing controlled by the Bank of Japan (). This narrow...

With the fog of war still shrouding the near-term outlook, the is mostly consolidating with a softer bias against the G10 currencies. Outside of the that is still basking in...

There is one overarching development that is driving the capital markets today. War. Hostilities between the US and Iran have intensified. At the NATO summit in Türkiye, President Trump has...

Goldman Sachs revised its 12-month forecast to 165 from 155 on July 6, 2026, placing it among the most bearish calls in Bloomberg’s surveyed consensus, as strategist Karen Reichgott Fishman...

opened the third quarter clinging to the 1.14 handle, trading near 1.1410 after clawing back from one-year lows printed last week. The pair closed June at roughly 1.1400, a whisker...

The dollar’s resilience since the war began is not a mystery, but it is being misread. The has appreciated roughly 1.8% this month alone, following a modest 0.65% gain in...