Currency Forecast

The recent failure of two US banks, SVB and Signature, have understandably triggered a major re-appraisal of Fed tightening prospects. This has seen two-year EUR/USD swap rate differentials move to...

The S&P 500 closed down 1.8% yesterday led by financials (-4%). Heavy losses for SVB Financial (NASDAQ:SIVB), a California-based lender to the venture capital industry, are raising questions over...

The USD/CHF has stalled ahead of the US jobs report on Friday, as the dollar bulls pause for a breather. But the path of least resistance remains to the upside for the greenback, as I have explained...

Fed Chair Powell opened the door to a 50bp hike and hinted at a higher peak rate in his semi-annual testimony. This was a reminder that picking the top in the dollar rally remains too risky....

In this educational video, I have described in detail how I trade the inside bar pattern. Specifically, I look for the failure of this pattern to go in the trend direction. The video is on the...

USD: How Strong is the US Economy and What Will the Fed Do About It? After a few weeks where US price data has taken centre stage, this week will all be about activity data and Fed speak. On the...

The NZD/USD rebounded as the U.S. dollar sold off on Tuesday on the back of some disappointing data. But the bearish trend on the kiwi still remained intact. In fact, price was testing a key level of...

USD/JPY is picking up some upside momentum once again after BOJ leadership candidate Kazuo Ueda appeared in front of parliament last week. He supported the current ultra-loose monetary policy as...

While the US Dollar Index remains above 100, it is possible that King Dollar may have put in a top. And not just any old top…but a monster top. Of course, we are having some fun here, but King...

A key takeaway from the recent fluctuations in major G10 pairs is that, at this stage, data matters much more than central bank communication. The mass of hawkish comments - ranging from modest to...

USD/JPY moved higher earlier this week on rumors that the Japanese government has approached Bank of Japan (BoJ) Deputy Governor, Masayoshi Amamiya, regarding the possibility of succeeding current...

Jay Powell did not rock markets as he acknowledged more strong data can imply a higher peak rate but still appeared to be hanging on to the disinflation story. The dollar still faces moderate upside...

My #1 JPY Trading Tip

The dollar has broken to new lows for the year after a relaxed-sounding Fed Chair Powell said there were the first clear signs of disinflation. He also failed to push back too aggressively on lower...