Alpesh Patel

Dollar’s temporary weakness allows Euro and Pound to rebound higher, will it last further? MORNING BRIEF The US Dollar started the week lower against most of the major currencies yesterday in a week that could hold a lot of momentum for the currency. Today may have only Euro-zone related data expected but tomorrow the last […]

Dollar in the forefront as the week starts with a number of important events that could spur relief rallies MORNING BRIEF Last week ended with the US Dollar gaining again against the other majors, driving Euro and Cable lower. The two high-beta currency pairs had reached yearly highs over low liquidity and reduced participation in […]

The New Year begins with the Dollar gaining ground against its peers, will the much expected demand for Dollars drive it even higher? MORNING BRIEF Dollar has been in the forefront this week although we had only a few “full” sessions with the New Year celebrations mid-week. The US currency strengthened against the Euro and […]

Low liquidity in the currency markets allows for extremely volatile swings as major players are away on holidays MORNING BRIEF Extremely volatile trading conditions was the theme of the currency markets on Friday with the Euro and the Cable on a rollercoaster ride. The significantly low trading volume and very thin liquidity caused by the […]

Dollar gets pressured across the board as the lack of volume allows relief rallies in the high-beta currencies MORNING BRIEF Dollar has been in the backseat these past couple of days with the US currency giving up some of its gains against the Euro and the Pound. With the majority of traders and investors still […]

Major currency pairs in consolidation patterns as investors are away for Christmas, momentum to pick up as the new year draws near MORNING BRIEF Yesterday was a very quiet day for currency markets with market participants away from their trading desks for Christmas. The Euro and the Pound traded near the same levels for the […]

Calm trading conditions make for consolidation moves in the majors as market participants are away for the Holidays MORNING BRIEF Friday was a relatively quiet day for traders and with the holidays’ season already under way trading conditions are expected to remain calm. Dollar retreated a bit against the Euro with the European currency trading […]

Dollar continues to extend gains over the high-beta FX pairs, will it make for a calm holiday trading season? MORNING BRIEF Dollar continued to extend its gains yesterday against the other major currencies in the aftermath of Fed’s decision to taper its asset purchases program. However, the pace of Dollar’s rise has slowed down and […]

Fed decides to pull the trigger and tapers asset purchases for $10B, how will this influence major currency pairs MORNING BRIEF Fed’s decision to start tapering its asset purchases program was the event of the month and it seems that we’re heading into 2014 with new data on the table. The Federal Reserve  went ahead […]

Euro appears directionless while Pound retreats lower, all eyes are focused on Washington waiting for the FOMC decision MORNING BRIEF Volatile trading conditions across most major currency pairs were noticed yesterday as we draw near the important FOMC meeting. The Euro attempted to break below the range it has been holding for the last few […]