Latest Research

What a difference a tariff delay announcement can make

Dollar strengthens as some tariffs on Chinese imports could be delayed

Another week begins with another swerve by investors back to havens

Pound attempts recovery after plummeting to decade low vs euro overnight

After a week like this, investors are clearly unwilling to go into the weekend with strongly bullish positions exposed to next week's unpredictable open

Stock investors have decided to ‘hold ‘em’ regardless of recent and persisting seismic risks

The SNB has been intervening to stem the franc’s rise, but so far, the intervention has been limited.

With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event.

The single currency initially fell to a fresh 2019 low against the dollar in reaction to what looked like a dovish ECB Policy statement, before staging a sharp rally off the lows in response to President Mario Draghi’s comments at the press conference, where the ECB President appeared a lot less dovish than had been anticipated.

The lack of market driving news and the pending ECB meeting on Thursday has seen volatility well contained across FX markets this week. We don’t expect that to last.

A summary of the weekly Commitment of Traders Report (COT) from CFTC to show market positioning among large speculators.

Over the last nine months, EUR/USD has been contained to a miniscule 400-pip range between 1.1100 and 1.1500 (barring a two-day foray above 1.15 at the start of the year)! That said, the current technical setup points to an elevated risk of a potential breakdown in the coming days.