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Foreign Exchange Analysis Headlines

Bitcoin euphoria puts other retail bets in shade

If you wondered why 18-year old twitterati and seasoned speculative traders alike have bet on bitcoin's surge towards $20,000 this week, look no further than the comparison with the past year's new stock exchange floatations.

Dollar gains as Fed seen set to raise rates

The U.S. dollar rose to three-week highs against a basket of currencies on Tuesday as the Federal Reserve begins a two-day policy meeting where it is widely expected to raise interest rates for the fifth time since 2015.

Hedge funds add wary sterling bets before EU summit

Sterling steadied on Monday after posting its biggest daily drop in more than a month on Friday, with investors cautiously adding some long bets at the start of a week when Britain and the EU will sign off on a deal to move to the next stage of Brexit talks.

Dollar rebounds before Fed's expected rate hike

The U.S. dollar retraced most of its early weakness on Monday before the Federal Reserve is expected to hike rates on Wednesday, though concerns about tepid inflation were seen weighing on the greenback.