There has been little positive news on the global economic growth front in recent months but economic activity in the important service sector did pick up in February in the…
The data calendar is light today but picks up steam tomorrow and the rest of the week. In the US the focus as always will be on labour market releases…
Dollar The Dollar, which had been on a slow downward path, stabilised last week and managed to eke out a 0.5% gain in trade-weighted terms thanks in large part to…
Sterling’s sharp rally earlier this week has seemingly run out of steam for now, with the GBP/USD cross trading back below 1.33. Sterling may remain in limbo near-term, with markets…
The collapse of talks between US President Trump and North Korean leader Kim Jong-Un had little impact on the Dollar but the South Korean won did weaken about 0.7% following…
Currency markets are currently experiencing low volatility with most if not all G10 central banks on hold for the time being and uncertainty lingering as to whether the US and China can…
Sterling continues to grab the headlines, with the rapidly evolving domestic political situation driving the currency higher. Prime Minister May, in a significant u-turn, today announced that if the House…
The data and events calendar is light today but picks up tomorrow before peaking on Friday. In the US, the focus will be on Fed Chairperson Powell’s testimony (Tuesday), US…
Dollar The Dollar trade-weighted index shed 0.5% last week. In the face of soft US macro data FOMC members reiterated their now well known stance that they remain patient, flexible,…
Markets had little macro data to work off in today’s session, with the exception of a larger-than-expected fall in the German Ifo business climate index from 99.3 in January to…
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