Currency / Forex

The FX tape tells you everything about the character of this shock. We have not seen disorderl yair pockets across the G-3 majors. No flash crash theatrics. No liquidity vacuum....

If you can’t feel the uncertainty and the volatility in the markets now, then you must be living under a rock. But the important question is, does this equate to...

snapped from just under ¥157.00 to briefly below ¥156.00, then bounced back, a textbook shakeout where both sides were hit. The pair had just tagged a two-week high around ¥156.80–156.85...

faced renewed pressure after fresh evidence that the U.K. economy is losing momentum while political uncertainty begins to creep into the outlook. February’s index fell to -19 from -16 in...

The is mostly softer today as North American participants enter the fray. Trading remains quiet and the general consolidative tone continues amid a relatively quiet news stream. Although US and...

In a reversal of fortunes, the is the only G10 currency that is gaining on the through the European morning. Yesterday, it was the only G10 currency to have weakened...

is trading around 1.3516–1.3530 after four straight up days, rebuilding altitude above the 1.3500 handle. Intraday, the pair has been oscillating in a relatively tight 1.3467–1.3560 band, with buyers defending...

The is mostly slightly firmer against most of the G10 currencies but largely confined to its recent ranges. The is the notable exception. Beijing announced it is sanctioning more Japanese...

Large-scale US military deployment is raising the perceived risk of an imminent strike on Iran. The dollar acts more efficiently as a safe haven when geopolitical risk lifts prices, yet...

In quiet FX markets, two stories are dominating. The first is a more dovish than expected Reserve Bank of New Zealand meeting; the second is the start of Japanese investment into...