MARKET ANALYSIS
Research
Currency outlooks, market recaps and fundamental analysis. Explore the drivers behind each view and the evidence that could change it.
19 publications · Page 1 of 2
Weekly Market Recap 26 — 30 October 2026
Standing still can move markets. The Reserve Bank of New Zealand left rates unchanged and the kiwi tumbled. Canada raised rates and its currency finished as the week’s strongest among the majors covered here. Expectations made the difference.
US Morning Briefing Friday, 30 October 2026
Sterling and the franc retain the strongest broader performance, the yen is gaining ground, and the Aussie remains the weakest major. The dollar is also struggling despite falling equity futures. Meanwhile, stronger euro-area growth and hotter...
BoJ keeps hikes in play, but the yen struggles to hold its gains
The Bank of Japan held rates at 1.25%, as expected, in an 8–1 vote, with Takata favouring an increase to 1.50%. Its assessment of inflation is becoming firmer. The yen’s ability to turn that into sustained strength remains less convincing.
EU Morning Briefing Friday, 30 October 2026
Sterling leads, the dollar remains under pressure, and the euro’s resilience against the dollar disguises weakness elsewhere. Today’s US wage data will test whether dollar sellers still have room. Meanwhile, disappointing technology earnings are weighing on equity futures,…
Daily Market Recap Thursday, 29 October 2026
The dollar had a strong growth number to work with. It still couldn’t hold its gains. Falling US yields, a bruising session for technology shares and the euro’s recovery after the ECB left CHF and GBP leading, with AUD firmly at the bottom.
ECB Holds at 2.50% as Lagarde Keeps Another Hike in Play
The ECB left rates unchanged. The euro’s early sell-off did not survive the press conference.
US GDP and PCE: Strong Growth Keeps the Fed on Guard
The US economy still has plenty of momentum. Inflation is making sure the Fed cannot get comfortable.
US Morning Briefing Thursday, 29 October 2026
CAD has taken the lead, AUD’s selling has deepened and the dollar’s recovery has lost some pace. GBP and CHF are also firm. The euro has recovered against several peers, so yesterday’s broad euro weakness needs reassessing through today’s ECB meeting.
EU Morning Briefing Thursday, 29 October 2026
Yesterday’s Fed-driven dollar sell-off has already lost momentum. USD leads overnight, CAD remains firm and NZD is still the weakest. Today’s US inflation data and ECB decision are the next tests.
Daily Market Recap Wednesday, 28 October 2026
NZD spent the day trying to recover from a hike that never arrived. CAD moved to the front as Canada delivered its increase, oil rose and the dollar weakened. AUD held second place, supported by hotter Australian inflation. Policy expectations did most of the sorting today.