Dollar pushes higher on weak equities
Overnight Headlines *USD closed higher last week, rising versus most of its peers on Friday *US stocks settled lower as inflation fears resurfaced *Oil is trying to break out higher,…
Read More »Sterling storming back
Cable, Daily The pound has perked up over the last day, with Cable posting a one-week high at 1.3888, just shy of last Friday’s, post NFP pop to 1.3890. EURGBP…
Read More »Market Update – August 13
Market News Today – Virus developments and China’s regulatory curbs remain the main themes for Asian markets. Chinese internet giants were pressured and chipmakers also struggled. Chinese authorities continue to try and get…
Read More »Live Analysis on BOE Day
The Bank Of England left bank rate unchanged at 0.10% as expected, the key phrase in a largely uneventful MPC document was “Some modest tightening of monetary policy is likely…
Read More »The Market Week Podcast – June 25
The Dollar continued to gain this week, as stock markets hit new all-time highs (again), commodities cooled and a rallying Sterling, ahead of the BOE, retraced on the Dovish outcome….
Read More »Events to Look Out for Next Week
The BOE, RBA policy meetings and press conferences are the central bank highlights this week even though they are unlikely to offer up any surprises. But no one expected tapering…
Read More »Events to Look Out for Next Week
Markets are itching to push the reflation trade against the background of vaccine developments and fiscal stimulus. Central banks are, unsurprisingly, trying to slow the rise in yields, although even…
Read More »Bailey boosts Pound!
BoE’s Bailey remains sceptical on negative rates. The central bank Governor said that the resurgence of Covid-19 cases leaves the economy in a difficult situation and could “delay, probably, the…
Read More »Sterling & the BoE Preview
GBPUSD, Weekly The BoE’s Monetary Policy Committee (MPC) convened for its two-day December policy meeting yesterday, with the announcement out today (12:00 GMT). No changes to policy settings is the…
Read More »FX Update September 18 – A volatile 24hrs
The Dollar has scraped out a two-day low at 92.76 in the narrow trade-weighted USDIndex, with EURUSD concurrently pegging a two-day high at 1.1868, gaining quite sharply from yesterday’s five-week…
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