Analysis: Currencies

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Decrease of risk appetite

Announcements of major central banks have been incorporated by the markets, the Australian dollar could now lose its value because of fears about the global economy. Mover of global growth, China...

EURO / US DOLLAR (EUR/USD): No limits for ECB and FED

Difficult to maintain bearish beliefs on the euro while central banks will intervene massively to restore confidence in financial markets. The ECB has announced a purchase plan of bonds of countries...

EURO / US DOLLAR (EUR/USD): Draghi’s speech gives a smile to investors

The main risk of a systemic crisis is now dismissed by the ECB projects, risk appetite could return despite mixed U.S. data. The President of the ECB confirmed that the institution may purchase an...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Potential of rebound

The bad news has been incorporated by investors and potential rebound increases. Australian central bank has kept its minimum bid rate to 3.5%. Moreover, the economy has increased by 0.6% in the...

US DOLLAR / JAPANESE YEN (USD/JPY): Keep calm before Jackson Hole

A few hours before Jackson Hole conference in the United States, all the evidence encourage to be cautious about the Yen while the currency pair USD / JPY is now trading horizontally for nearly a...

EURO / US DOLLAR (EUR/USD): Consolidation in prospect

The euro retains some force despite concerns surrounding the situation in Greece. This is driven by hopes for ECB intervention in the bond market and further FED easing. If monetary financing is...

BRITISH POUND / US DOLLAR (GBP/USD): The highest in three months

While the pound sterling is close to our previous bullish target price, the appreciation of the British currency benefit from significant support in august that might lead it toward USD 1.60 in the...

EURO / US DOLLAR (EUR/USD): Low volumes

The dollar keeps pace with American statistics these days when Angela Merkel tries to maintain the optimism generated by the ECB when traders are aware of conflicting growth figures in the...

EURO / US DOLLAR (EUR/USD): Gloomy outlook for the global economy

Euro is still above USD 1.20 but could quickly suffer from the slowdown of the Chinese economy and the inaction of the ECB and the Federal Reserve which disappoint the expectations that they have...

BRITISH POUND / US DOLLAR (GBP/USD): Central Banks’ week

Two days before a probable status quo of the Bank of England , the Sterling remains strong because the institution in early July increased the program of asset purchases of, taking advantage of both...

EURO / US DOLLAR (EUR/USD): Mario Draghi rescues the Eurozone

The President of the ECB took advantage of a conference to whet the appetite of the market, prompting other European leaders to follow him, as a busy macroeconomic week begins. In front of...

EURO / US DOLLAR (EUR/USD): USD 1.20 as a target

Spain and Greece, combined with Moody's, depress investors despite the temporary reprieve granted to the Euro by an official of the ECB. The European Finance Ministers agreed to provide up to 100...

US DOLLAR / JAPANESE YEN (USD/JPY): Bearish trend

The yen puts the dollar under pressure for a more accommodative policy across the Atlantic than on the Japanese archipelago, although the progression of the Japanese currency is still limited by the...

EURO / BRITISH POUND (EUR/GBP): Close to a key level

Despite the increasing economic difficulties in the U.K. investors have not managed to reverse the downtrend on EUR/GBP started a year ago. The latest events in the eurozone, such as the difficulties...

EURO / US DOLLAR (EUR/USD): Focus on FED

The weakness of US dollar due to expectations of the third quantitative easing allows the Euro to stabilize temporarily despite concerns about the situation in Europe and confirmation of the slowdown...

India: Rupee and economy

Since the beginning of the year, the Indian rupee has lost more than 13% against US dollar, defeating efforts of the Reserve Bank of India and showing how Central Banks are sometimes powerless to...

EURO / US DOLLAR (EUR/USD): 400 pips in one week

The Euro turned around after a start at USD 1.27 initiated by the last EU summit, now operating below 400 points, its lowest level in two years, under USD 1.23. The decline of the Euro was first...

EURO / US DOLLAR (EUR/USD): Fleeting euphoria

The euro is a bit farther from its annual lows thanks to the success of the last European summit but caution reigns over new markets before important deadlines. Investors were waiting, without...

EURO / US DOLLAR (EUR/USD): International unity against crisis

Despite the strong rebound of U.S. dollar following the meeting of the Federal Reserve , the euro remains strong on the foreign exchange market thanks to political stability in Greece and the good...