Foreign Exchange Analysis

Euro surges above $1.21 to three-year high- yuan hits four-month peak

Euro surges above $1.21 to three-year high- yuan hits four-month peak

Published 12/01/2018

The euro surged above $1.21 to a three-year high on Friday on bets the European Central Bank is getting ready to wind down its huge monetary stimulus, and after German Chancellor Angela Merkel reached a deal that should lead to the formation of a "grand coalition" government. [more…]

Cryptocurrency stocks holding gains despite bitcoin pullback

Cryptocurrency stocks holding gains despite bitcoin pullback

Published 22/12/2017

FILE PHOTO: Sparks glow from broken Bitcoin (virtual currency) coins in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic/Illustration/File PhotoNEW YORK (Reuters) - Stocks that [more…]

Bitcoin slips below $14,000, down 30 percent from record peak

Bitcoin slips below $14,000, down 30 percent from record peak

Published 22/12/2017

FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File PhotoTOKYO (Reuters) - Cryptocurrency [more…]

Dollar dips against yen- bitcoin surges again

Dollar dips against yen- bitcoin surges again

Published 15/12/2017

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/IllustrationLONDON (Reuters) - The dollar slipped to a nine-day low against [more…]

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

Published 04/12/2017

Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. REUTERS/Dado Ruvic/IllustrationLONDON (Reuters) - How [more…]

Dollar rises as U.S. Senate passes tax bill, pound awaits May-Juncker meeting

Dollar rises as U.S. Senate passes tax bill, pound awaits May-Juncker meeting

Published 04/12/2017

Pound coins are seen in front of a displayed U.S. 100 dollar banknote in this picture illustration taken January 18, 2017. REUTERS/Dado Ruvic/IllustrationTOKYO (Reuters) - [more…]

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Sterling steadies before Brexit debate, U.S. yields prop up dollar

Published 14/11/2017

Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a backdrop of political turmoil as British lawmakers this week debate the U.K. government's plans for leaving the European Union. [more…]

Dollar set for biggest weekly drop in four weeks on tax concerns

Dollar set for biggest weekly drop in four weeks on tax concerns

Published 10/11/2017

The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. [more…]

Dollar rises vs yen, supported by Fed rate hike expectations

Dollar rises vs yen, supported by Fed rate hike expectations

Published 06/11/2017

The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. [more…]

Dollar perks up after Trump as Fed March hike comes in sight

Dollar perks up after Trump as Fed March hike comes in sight

Published 01/03/2017

A man counts U.S dollars at a money exchange office in central Cairo, Egypt, December 27, 2016. REUTERS/Mohamed Abd El Ghany

The dollar ticked up on Wednesday as Federal Reserve policy-setters fanned expectations of a rate hike this month, while U.S. President Donald Trump offered Congress little details on his stimulus as some investors had expected.

[more…]