It’s a reasonably light week on the data front, although the US and UK are due to release important services PMI data for July, with UK GDP data for Q2…
The Federal Reserve policy meeting on Wednesday was the highlight last week, with the Fed as broadly expected delivering a 25bp rate cut – the first cut in over a…
It has been a tumultuous 48 hours for markets but most of the price action has been in US equity and rates markets. On Wednesday evening, in line with expectations,…
The Dollar trade-weighted index has been in a remarkably narrow 0.2% range in the past four trading sessions, ahead of today’s key Federal Reserve policy meeting. The consensus forecast is…
The ongoing fall in Sterling continues to dominate the FX headlines, with markets seemingly pricing in an increasingly high probability that the UK will exit the EU without a deal…
It’s a big week on the data and event front, with the Federal Reserve policy meeting on Wednesday the highlight. The US will also release labour market data for June…
The US Dollar was one of the few major currencies to appreciate in trade-weighted terms last week, with the Euro, Sterling, Swiss Franc, Australian and Kiwi Dollars all depreciating. The…
The Dollar is ending the week on a strong note, Sterling has once again tanked while the Euro has ultimately showed little reaction to yesterday’s ECB policy meeting (and Draghi’s…
Sterling has rebounded in the wake of Boris Jonson formerly taking office today, with GBP/USD back to 1.25 and GBP/EUR up 0.6% from 24 hours ago to a one-month high…
FX markets have come to life in the past 48 hours, even if macro data have played second fiddle. The Dollar trade-weighted index has appreciated to a 12-session-high but remains…
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