The euro has rallied versus the dollar following Fed Chairperson Powell’s opening speech at the central bank’s symposium in Jackson Hole today. A number of FOMC members had in the…
FX markets had been relatively quiet in the wake of the release of the Fed’s meeting minutes yesterday evening, with markets pricing in a 90% probability of the Fed cutting…
The dollar has been treading water ahead of the release later this evening of the minutes of the Fed meeting on 31st July at which it cut its policy rate…
Sterling, which appreciated 1.6% last week, has been volatile in the past 24 hours with the issue of Brexit, as often the case, weighing on the currency. Prime Minister Boris…
The macro data calendar is very light this week, with the notable exception of the release of Eurozone PMI data for August on Thursday. Markets will likely focus on central…
Headlines last week were dominated by collapsing (and in many cases negative) government bond yields, inverting yield curves, volatile US and global equities, central bank policy rate cuts and “currency…
Sterling, which had been broadly stable versus the Dollar and Euro in the past three sessions, collapsed again this morning following the release of very weak GDP data for Q2….
For all the event risk and market noise which has hit the headlines this week, most major currencies have either stayed in tight ranges versus the Dollar or re-found their…
The main FX price action in FX markets today has been a sharply weaker Kiwi Dollar, which has also fed through to a softer Australian Dollar. The NZD/USD cross had…
It has been another rollercoaster 24 hours in financial markets. The S&P 500 closed down 3% yesterday, its biggest year-to-date one day fall and Asian equities were down sharply in…
Sign up and receive daily market news direct to your inbox.
