The Kiwi Dollar Stumbles with FED Talk to Drive the USD Today

USD/JPY Rate Outlook Hinges on Fed Rhetoric

DailyFX.com – FX Talking Points: – USD/JPY Carves Bullish Sequence Ahead of FOMC Minutes. – Stagnant U.K. Wage Growth to Fuel British Pound Weakness. USD/JPY carves a fresh series of higher highs & lows ahead of the Federal Open Market Committee (FOMC) Minutes, with the pair at risk for a larger recovery should a growing […]

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USD/JPY Rate Forecast:  Too Early To Celebrate JPY Weakness?

USD/JPY Rate Forecast: Too Early To Celebrate JPY Weakness?

To receive Tyler’s analysis directly via email, please SIGN UP HERE USD/JPY Rate Forecast Talking Points: USD/JPY Price Forecast: USD/JPY has retraced higher within a firmly entrenched downtrend Institutions are exiting their JPY short positions at the fastest pace since August USD/JPY Rate Insight from IG UK: 3.15:1 long to short ratio by retail favors […]

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Euro US Dollar (EUR/USD) Exchange Rate Tumbles ahead of US FOMC Minutes

Euro US Dollar (EUR/USD) Exchange Rate Tumbles ahead of US FOMC Minutes

Hawkish US Fed Hopes Limit the Euro US Dollar (EUR/USD) Exchange Rate The Euro US Dollar (EUR/USD) exchange rate collapsed on Tuesday, tumbling as markets optimistically prepared for this week’s run of US Federal Reserve Policymaker speeches and tomorrow’s highly anticipated US Federal Open Market Committee (FOMC) meeting minutes. It would appear that the strong […]

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POUND PIVOTING – BOE PREVIEW

Rate hikes, not Brexit to Drive pound

The British pound is expected to push Brexit negotiations aside for the next 3 months and instead the currency will be driven by economic data which may translate into an interest rate hike, depending on the outcome of the news. In their latest rate decision, the Bank of England kept rates on hold as expected, […]

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Pound-to-Indian Rupee Rate Technical Forecast – Reaching a Glass Ceiling

© DragonImages, Adobe Stock GBP/INR has recovered and remains in an uptrend, however seasonal factors, changing fundamentals and technical resistance just limit the potential for gains. The Pound-to-Indian Rupee exchange rate has been rising up in a an uptrend for many months now – ever since the April 2017 lows were rejected – suggesting the […]

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Euro to Pound Exchange Rate Slides as Eurozone Economic Confidence Drops Off

Euro to Pound Exchange Rate Slides as Eurozone Economic Confidence Drops Off

Sliding Eurozone Confidence Levels Trigger EUR/GBP Exchange Rate Losses The Euro to Pound exchange rate has dropped by -0.5% today, following the release of disappointing economic confidence readings for February. The ZEW economic sentiment scores for Germany and the Eurozone have fallen in February, although not to the levels predicted by economists. This has also […]

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Australia maps steady rate path, wary on mortgage debt

Australia maps steady rate path, wary on mortgage debt

Tue, Feb 20, 2018 – 4:25 PM [SYDNEY] Australia’s central bank mapped out a steady course for rates at its first meeting of 2018 this month, stressing that a pick-up in wage growth was necessary to ensure a much-needed recovery in inflation. Minutes of the Reserve Bank of Australia’s (RBA) February meeting showed policy makers […]

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Exchange rate challenge hits Italian grape exporter in UK market

Exchange rate challenge hits Italian grape exporter in UK market

Fresh Fruit PortalAn Italian table grape exporter specialising in premium varieties has urged UK retailers to share more of the cost burden of a weakened pound, claiming shippers will not be able to sustain the associated losses much longer.  “Last year we kept the market, even reducing our profit. We more or less accepted the […]

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Canadian Dollar Rate Forecast: CAD Weakness Extends on DXY Rebound

Canadian Dollar Rate Forecast: CAD Weakness Extends on DXY Rebound

To receive Tyler’s analysis directly via email, please SIGN UP HERE Canadian Dollar Talking Points: USD/CAD Price Forecast: Unwind from bullish falling-wedge pattern in focus USD Rebound makes CAD quite susceptible to further losses ahead of CA CPI, retail sales IG UK Client Sentiment Highlight: Retail buying jumps providing stronger USD/CAD bearish bias Traders have […]

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Pound V euro: GBP exchange rate subdued amid Guy Verhofstadt warning

Pound V euro: GBP exchange rate subdued amid Guy Verhofstadt warning

After racing higher at the end of last week’s session, Sterling is struggling to advance this morning in the wake of comments from the European Parliament’s Brexit coordinator, Guy Verhofstadt. In an Interview on the BBC’s Andrew Marr programme, Mr Verhofstadt made a renewed call for the UK to remain part of the single market […]

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