Markets have had little tier-one macro data to focus on in the past ten days but today had to deal with two key US indicators which painted a mixed picture…
The data calendar is very light on 31st December and 1st January (a bank holiday in most countries). Moreover, the US. Department of Commerce’s Bureau of Economic Analysis and Census…
Price action in markets deprived of tier-one macro data over the Christmas periods has centred on acute volatility in equities, including the US. This roller-coaster in equity markets has so…
It has been a reasonably quiet FX session, with the Dollar under modest pressure in the wake of yesterday’s Federal Reserve policy meeting. The Fed hiked rates 25bp, as expected,…
The Dollar edged lower to a five-session low today despite the release of data showing a rebound in the US housing market in November after a few weak months. US…
It’s a very big week for the US. Housing data (for November) may get a bit more attention than normal given a slight weakening of the housing market in recent…
The Dollar inched higher last week while Sterling suffered from further Brexit-related pressure. The Euro, along with the Swiss Franc and Australian Dollar were broadly range-bound while the Kiwi…
The Dollar is stronger across the board today thanks in part to the thawing of trade relations between the US and China. The Chinese Finance Ministry announced today that it…
Sterling has rebounded against both the Dollar and the Euro ahead of tonight’s Conservative Party no-confidence vote in party leader and prime minister Theresa May. The result is due shortly…
The Dollar is up (or flat versus) all major currencies in the past 48 hours bar the Australian and New Zealand Dollars but in trade-weighted terms is still broadly unchanged…
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