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It’s a new trading week and the U.S. dollar has hit fresh multi-month highs against the euro, Japanese yen, Swiss franc and Canadian dollar. Rather than fading, the momentum continued with the greenback also trading higher versus sterling and the New

Too early for bottom-fishing and my long-term bias  (that EUR/USD is tracing a slow but clear bottom), needs to be kept in check. A bit of a Euro short-covering rally overnight changes nothing. The 1.0580 area where the last two EUR/USD falls

EUR/USD Next Week: – BEARISH BIAS – (1.0400-1.0900) The surprise election of President Trump has re-energised the US dollar bull market by encouraging a further widening of expectations for monetary policy divergence between the Fed and other major

FX and precious metals markets in Russia suspended 11 Nov will re-open at 13.10 MSK (10.10 GMT) No further detail at present. Update 10.03 GMT - Software glitch cited

The market may be (even) more illiquid than you think. In a stark warning to its clients, popular online brokerage Interactive Brokers has advised traders to avoid using market orders at all if possible, and alternatively, to split them up into

Markets Post-FOMC: BofA Merrill: The Fed signals a December hike: Targeting EUR/USD At 1.08 Into Year-End  The FOMC made a number of changes to the language to signal increased comfort with a near-term hike. We think this sets the stage for the

We still prefer dollar, longs against the yen to longs vs. the Euro. EUR/USD looks like drifting down to 1.08 or so, but we’re still worried  about how much Euro softness depends on the ECB crowding private sector investors out of European bonds

Cyber attacks targeting a little known internet infrastructure company, Dyn, disrupted access to dozens of websites on Friday, preventing some users from accessing PayPal, Twitter and Spotify. Dyn, whose customers include some of the world's most

The prospect for divergent monetary policies returning to reassert themselves as a material influence on EUR/USD seems greater in the coming months than it has been this year. As the US labour market tightens, the prospect of a recovery in business

EUR has been among the underperformers in the G10 FX so far this week  and the selling pressure on the single currency seems to persist despite the fact that Draghi did not offer many clues about what the ECB will do to address issues like asset

There are six main reasons why we remain bearish GBP: 1.  The UK economy may be about to experience a ‘once in a generation’ structural transition. A weaker GBP may be needed to ‘oil the wheels’ as it undergoes this shift. 2.  While GBP TWI

The Euro remains under pressure as the October trend to weaken extends but an inflection point looms. ~ Euro to Dollar exchange rate: 1.0881 ~ Euro to Pound exchange rate: 0.8909 ~ Euro to Swiss Franc exchange rate: 1.0823 ~ Euro to Australian Dollar

What we expect from the ECB to announce on 8 December? 1- The ‘stock effect’:  QE extended by 9 months, from March 2017 to December 2017 . We think our views are close to the market consensus on this dimension. Ultimately, we expect bond

he world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese yuan now stand to become serious competitors to U.S. dollar dominance

Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the

 Over the past few weeks a number of currencies hit multi-month lows against the U.S. dollar. The euro, Swiss franc and Canadian dollar, for example, dropped to their lowest level since March versus the greenback while sterling hovers near its

The US Dollar Index is up 5 weeks in a row and has just crossed above 99 for the first time since January 2016. As December rate-hike odds have surged since the Brexit vote, so the USD Index has tracked almost perfectly, rising almost 7% in that time

Britain's biggest banks are preparing to move out of the country in early 2017 because of fears over the impending Brexit negotiations, while smaller banks are making plans to leave before Christmas, the chief executive of the British Bankers'

Britain's banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security systems say. Reported attacks on financial institutions in Britain have risen from

BNP Paribas CLEER is our medium-term FX model which estimates the fair value of a currency based on cyclical macroeconomic fundamentals  (CLEER stands for CycLical Equilibirum Exchange Rate). The fundamental input factors into CLEER are