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Dollar holds steady as sterling slips on political uncertainty

With no major U.S. data published on Monday and ahead of Wednesday's Federal Open Market Committee meeting the dollar held firm on Monday as policymakers are overwhelmingly expected to raise U.S. interest rates.

Sterling came back under pressure, down Read More →

EUR/USD: Trading A ‘Choppy Appreciation’ Via Options; What’s The Trade? – SocGen

Societe Generale FX Strategy Research notes that as the FX market’s focus returns to monetary policy, its relationship with interest rates will become more prominent.

"The last time that FX vol was durably in a low regime coincided with Read More →

GBP manages to stop the bleeding; Asia looks cautious ahead of events this week

British pound has staged a small bounce higher after support at the 100DMA kicked in last Friday, GBPUSD is currently trading at the price of 1.2759. GBP found some support after the results of last Thursday’s UK parliamentary elections revealed Read More →

USD: Fed To Hike This Week & Give A Clear Message On Balance Sheet – Barclays

Barclays Capital Research expects the Fed to raise the target range for the federal funds rate by 25bp to 1.00-1.25% at its June meeting this week.

"Although some details may be lacking, we expect the message on balance sheet Read More →