Central banks have been in the limelight for the past 24 hours. Notably, Norway’s central bank once again bucked the trend of global easing by hiking its policy rate 25bp…
The US Dollar has been broadly stable in the run-up to this evening’s Federal Reserve policy meeting. While it has weakened slightly against high-yielding emerging market currencies it has made…
Most major currencies in the past 48 hours have weakened against a Dollar which is up slightly for the second consecutive session, with markets still digesting the implications of the…
It is a big week in terms of policy events and macro data releases. The US, UK and Switzerland will hold central bank policy meetings, with the Fed meeting on…
Global risk appetite rebounded last week, with the S&P 500 rallying nearly 1% on the week to close at 3,007 on Friday (only 0.6% from all its all-time high), thanks…
The Dollar trade-weighted index has weakened slightly in today’s session to a one-month low, despite another strong set of retail sales data. US retail sales increased 0.4% mom in August,…
The Euro initially faltered in the wake of the European Central Bank’s policy announcement but has since rallied back to its pre-meeting level. EUR/USD dropped to as low as 1.094…
Sterling, which pushed higher following the release of better-than-expected July GDP data on Monday morning, has been range-bound for the past 48 hours. Sterling showed little reaction yesterday to another…
Sterling has again hedged higher in today’s session, helped along by better-than-expected UK GDP data, but volatility is likely to remain elevated given background of mounting political uncertainty. The GBP/USD…
Another important week for the UK, with Brexit politics likely to dominate the headlines on Monday. July GDP data and August labour market figures are also due for release. In…
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