The focus will be on the US, UK and Eurozone this week, with the UK kicking off proceedings tomorrow with the expected announcement of the new prime minister. In the…
The Dollar trade-weighted index was up only 0.2% last week, stuck in the past month in an incredibly tight range only 0.8% despite the gyrations in market pricing of Federal…
It’s been a rather quiet session in FX markets today. The Dollar trade-weighted index has now been trading in a range of only 0.8% in the past month and FX…
Sterling has remained under relentless pressure in today’s session, despite the release of another decent set of labour market data. The GBP/USD cross temporarily fell below 1.24 in afternoon trading,…
In the US, the focus – which last week was squarely on the Federal Reserve – will once again turn to macro data and in particular the release of the…
The Dollar trade-weighted index shed 0.3% this week, dragged lower by the clearest indication yet by Federal Reserve Chairperson Powell that the Fed may cut its policy rate 25bp at…
The GBP/EUR cross is up for the second consecutive session, even if it remains near a six-month low. Having threatened to fall below 1.11 mid-week GBP/EUR has pushed up to…
The Dollar, which had held its ground yesterday ahead of Federal Reserve Chairperson Powell’s testimony before the Joint Economic Committee in Washington, has given up a bit of ground in…
10 July 2019 The Dollar, at a three-week high in trade-weighted terms, is holding its ground ahead of Federal Reserve Chairperson Powell’s testimony on the economic outlook and recent monetary…
The GBP/USD cross has fallen to 1.2460 – its lowest level since April 2017 baring a short-lived flash crash back in January. Markets have seemingly ignored an announcement by the…
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