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A chart of EUR/USD for the last two years is instructive in that it reveals the pair traded in a tight 1.05-1.15 range; a remarkable period of stability and one not seen during the single currency’s lifetime until now. Of course this sideways move

Reuters report on attacks on SWIFT (SWIFT handles transfer between banks) Client banks been have been hit with a "meaningful" number of attacks - about a fifth of them resulting in stolen funds, said Stephen Gilderdale, Head of SWIFT's Customer

With Fed widely anticipated to hike policy rate Wednesday Dec 14  we have looked at G10 currency reactions following the hike Dec 16, 2015 as well as compared speculative positioning around the previous hike and today. Following are our main

Just about everyone expects the Federal Open Market Committee (FOMC) to raise its target interest rate at its meeting this week. The talk of raising rates has occupied newspaper columns all year, and the comments from FOMC participants have become

The MetaTrader 4 platform update will be released on December 16, 2016. We have fixed some bugs based on crash reports. The update will be available through the LiveUpdate system

For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the

As expected, the Fed hiked the target range by 25bp to 0.50%-0.75% from 0.25%-0.50% previously. The statement explains the hike by stronger growth in H2 16, a tighter labour market, higher (although still low) inflation expectations and higher

The more implicit hawkish message from the Fed stands to benefit the greenback against the rest of the major currencies. The shift in the dots sent the hawkish message while Yellen failed to back peddle this message in the presser. We also note that

It’s been nearly a year since EUR/USD was trading this low. Last December we had enough technical evidence to go against the grain. However this time it seems more likely that EUR/USD will break down. The break down through major support of 1.0450-

We lower our 1M EUR/USD forecasts to 1.02 (1.05 previously) but maintain our 3M forecasts at 1.04, 6M forecasts at 1.08 and 12M forecasts at 1.12. The lowering of our 1M forecast reflects partly ‘a rolling’ of our monthly forecasts but is also the

Something special happened last week : Fed funds - the interest rate on overnight dollars - rose to 66bps. Why is this important?  Because historically, it is not only the direction of US yields that matters for the dollar but also the absolute

The Trump-inspired USD rally is about three weeks old and we have already exceeded the highs from late 2015 and early 2016 on a tradeweighted basis. Naturally,  the question now becomes how much further can the USD appreciate and which G10

Warren Buffett, George Soros, and Carl Icahn are among the most successful investors of all time, so following in their footsteps could prove profit-friendly. Fortunately, these gurus file 13F reports with the Securities and Exchange Commission every

On Sunday 4 December Italians will vote in a constitutional reform referendum,  which includes provisions to transform the Senate into a smaller “chamber of regions” and a redefinition of competencies shared by the central government and

Both the Italian Constitutional Referendum as well as the ECB monetary policy announcement will attract attention. When it comes to Italy,  exit polls may be released from 11pm CET on Sunday while the official result is expected on Monday

The Italians voted ‘No’ in the constitutional reform referendum, and do so in resounding fashion, with a 59-41 outcome estimated. The polls had indicated a ‘No’ win but the scale (and turnout) leave no doubt that this wasn’t just a vote about

The UK finance regulator the FCA has spread better in their sights The FCA have announced they will be looking at the CFD market after analysis showed that 82% of customers lost money, with and average loss of £2200 per year, on CFD products

China GDP swells to 8% and the SHCOMP hits 5,000  China  understands that it has reached the end of the road of its manufacturing and infrastructure growth phase and, through a massive stimulus from fiscal and monetary policies, opens up

Credit Suisse: Mixed Signal, EUR/USD Rallies Post-Meeting A Long-Term Sell.  Our European economists expect the ECB to deliver new easing measures, but also see a risk that the central bank will simultaneously point to the possibility of

Goldman Sachs Top Ten Market Themes for 2017 Chief Credit Strategist Charles Himmelberg says 2017 will be "High growth, higher risk, slightly higher returns" Slightly higher returns relative to 2016. "Best improvement in the opportunity in global