Forex History: The Bretton Woods Agreement


"The Bretton Woods Agreement, signed in 1944 in Bretton Woods, New Hampshire, was a landmark…

Forex History: Soros Vs The Pound Sterling


"In 1992, George Soros, a billionaire investor and philanthropist, made a massive bet against the…

Forex History: What was The Plaza Accord?


"The Plaza Accord was an agreement reached on September 22, 1985, among the finance ministers and…

Trade of the day: USD/JPY; play volatile ranges


Our survey of market, fundamental and technical analysts suggests the following trade will be worth…

Trades of the day: EUR/CHF and XAG/GBP


Our survey of market, fundamental and technical analysts suggests the following 2 trades will be…

Day trades r Us: Cable


The daily close below 120 should open the downside up and my initial medium term target is around…

Citi: Tide change for JPY?


Citi Bank's JPY spot desks are anticipating a reversal of the recent JPY rise with technical…

The little Aussie battler: Currency of the Year 2023


Looking at all of the major currencies I am really struggling to find one which I am comfortable…

GBP: Downside risk still very real


After the turmoil of the Liz Truss leadership, sterling has settled down and the doomsday…

Silver: Trade of the year?


Yes I know, I have said this before. Surely this heavily manipulated market will at some stage…

USD/CHF: Same procedure as last year?


I had expected a big move higher in USD/CHF last year, especially given the move in US interest…

Citi: USD strategy update


"We remind that CitiFX Strategy remains bullish USD in the medium term, writing that the Fed is…

BofA Bull & Bear Indicator


BofA Bull & Bear Indicator: remains at 0, i.e. “max bearish” for the 9th consecutive week

Credit Suisse EUR/CHF trade idea


"We revise our EURCHF target downward from 0.9700 to 0.9400, as we still believe that the…

CHF: Looking to add to short positions


Hot real money has been ploughing into the CHF since the Russian invasion of Ukraine and the CHF…

HSBC: Revising USD/TRY targets upwards


"We revise our USD-TRY forecasts higher to 19.5 by end-2022 (17.50 previously) and to 21.0 by end…

Citi: Still short-term bullish on USD/Asia


Citi's USD/Asia spot trader and their strategy desk remain bullish in the short term. No specific…

CACIB Trade Ideas: Positioning returning to neutral, no fresh positions.


"At present, the G10 FX PIX 2.0 signals that positioning is close to the medium-term average for…