Market focus this week is likely to be on labour market data in the UK and Australia, German figures for GDP growth in Q1 and economic sentiment in April. In…
The renewed trade war between the US and China, including the increase on Friday in US tariffs to 25% from 10% on $200bn of Chinese imports, drove acute volatility in…
It has been another day of volatility in equity markets driven by the ongoing trade war between the US and China but price action in major currencies has been subdued….
Price action in major currency markets has been mixed today and ultimately contained, with Sterling and the Australian Dollar slightly weaker against the US Dollar, the Euro and the safe-haven…
Sterling has come under pressure today following reports that Brexit talks between the ruling Conservative Party and the opposition Labour Party were close to breaking down. The two largest political…
The data release calendar is reasonably light today and tomorrow, but US CPI-inflation (April) and UK GDP (Q1) are both due for release on Friday. There is also a fair…
The Dollar trade-weighted index weakened 0.2% last week but has since recovered this modest loss. The Federal Reserve kept its policy rate unchanged, as expected. Late on Sunday US President…
In a week of fairly limited currency price action, the Dollar trade-weighted index is up for the fourth consecutive session, albeit by a modest cumulative 0.4%. Sterling is broadly unchanged…
The Dollar has staged a recovery against major currencies in the wake of yesterday’s Fed policy meeting. The Dollar initially weakened after the release of the policy meeting statement but…
The Dollar has weakened ahead of today’s Federal Reserve policy meeting, with currency markets seemingly taking a glass half-empty view of mixed US macro data. The Dollar barely flinched when…
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