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UK: Inflating the Risks? - ING James Knightley, Senior Economist at ING, suggests that the UK headline inflation is likely to stay low in the near term, but with sterling having plunged and commodity prices nudging higher, imported inflation could rise sharply in 2H16...

EUR/GBP Sinks to Lows Near 0.8000 The increasing buying interest around the British pound is now relegating EUR/GBP to trade in fresh lows in the boundaries of the psychological support at 0.8000. EUR/GBP lower on GBP/JPY buying GBP has been rallying vs...

USD/JPY Hit a Fresh 17 Month Low - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the USD/JPY hit a fresh 17 mth low prompting accusation from Chief Cabinet Secretary Suga that the recent currency moves were one-sided and speculative and the government would take steps as ne...

Short CHF/JPY – Deutsche Bank Research Team at Deutsche Bank, suggests to go short on the CHF/JPY as their preferred G10 trade of the week with entry being 113.30 level, while maintaining a stop loss of 118.50 for the target of 101.50...

GBP/JPY Stuck at Hourly 100-MA Short unwind in GBP/JPY that gathered pace in Europe appears to have come to halt around hourly 100-MA located at 154.03 levels. Profit taking after 1000-pip drop The cross suffered more than 1000 pip drop during last week’s Yen rally...

FXWIREPRO: BTC/USD Consolidates in Narrow Range, Good to Buy at Dips Major support - $400 BTC/USD has slightly retreated after making a low of $412 yesterday. It is currently trading around $419.72. Short term trend is slightly bullish as long as support $400 holds...

Political Pressure on the ECB Escalated - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the political pressure on the ECB has stepped up a few notches after German Finance Minister Schauble blamed ECB policies for a rise in support for Germany’s rightwing Alternative for Ge...

Return of Grexit Fears Unlikely – Deutsche Bank Research Team at Deutsche Bank, suggests that a return of Grexit fears as being unlikely over the coming weeks...

Fed Speakers Along with BoE and BoC to Take Centre Stage This Week – Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that there are no key data releases today although scheduled speeches from the Fed’s Dudley and Kaplan will ensure the outlook for Fed policy remains a prime focus...

EUR/CHF Door Open for a Test of 1.0737 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the cross could slip towards the 1.0730 area. Key Quotes “EUR/CHF has recently broken down from a triangle, our bias is negative”. “Last week it reached the 1...

USD/JPY Eyes Support in the Mid-106.00s – UOB The research team at UOB Group indicated the next relevant support is located in the mid-106.00s. Key Quotes “The next significant support for USD is much further down at 106.50”...

GBP/USD Remains at the Mercy of GBP/JPY Cross Yen remains at the center stage of the FX markets; guiding other majors like GBP/USD via action in the GBP/JPY cross. Cable backs off from daily highs The spot now trades around 1.4220 after having clocked a high of 1.4227 levels...

UK Economy Slowing? - Investec Research Team at Investec, notes that on Friday data for the UK manufacturing sector printed a poor result for February, with month-on-month growth of -1.1% (consensus -0.2%, Investec +0.2...

USD/CHF Climbs to 0.9570, Session Highs A mild bias towards the risk-on sentiment is now pushing USD/CHF to test the area of daily peaks near 0.9570. USD/CHF focus on Fed meeting After bottoming out in fresh YTD lows in the 0...

Special Focus: Fed's Emergency Meeting Today Watch out for FED’s emergency meeting tonight, which was suddenly and unexpected called to last week and will take place today in Washington at 11:30 am local time or 3:30 pm GMT. FOMC officials are likely to discuss on FED’s discount rates...

FXWIREPRO: AUD/USD Whipsaws on DMA's, Leading Oscillators Noise With Overbought Pressures and Selling Momentum AUD/USD is struggling to break resistance at 0...

FXWIREPRO: Reasons for Safeguarding Aussie Export Payables, a Glimpse on the AUD/USD Hedging Drivers Over the longer-term, we expect AU growth to remain subpar and AUD to drift lower. But, there have been a few key things to watch out in H2 of 2016...

FXWIREPRO: South African Rand Gains 1 Percent Against US Dollar, Good to Sell on Rallies Pair is currently trading at 14.81 marks. It made intraday high at 14.98 and low at 14.75 levels. Intraday bias remains bearish till the time pair holds key resistance level at 15.05 levels...

Gold Trims Gains as Stocks Rise Gold continued to surrender gains, now trading around $1247 levels as stock markets in Europe erased early gains to trade higher. Offered at $1254.32 Prices turned lower from a three-week high of $1254...

JPY Could Appreciate Further – Danske Bank Chief Analyst at Danske Bank Arne Rasmussen has assessed the prospects of further strengthening by the Japanese currency. Key Quotes “The hottest topic in global FX markets is the relentless strength of the JPY...