Events to Look Out for Next Week
A busy week starts quite early with ECB President Lagarde and BoE Governor Balay speaking Sunday evening. The uncertain second US Presidential debate will be the highlight next week as…
Read More »Equity markets rally loses some momentum in EU session
Risk aversion picked up again, underpinned by negative vaccine news amid reports that Johnson & Johnson halted its Covid-19 trial due to “unexplained illness”. The December 10-year Bund future is…
Read More »Events to Look Out for Next Week
The risk that virus developments will disrupt the recovery is back in play and very real globally. The lack of another round of stimulus in the US, ongoing US-China frictions…
Read More »FX Update – October 8 – Post Schnabel, Bailey, Jordan & Pre-Claims & Macklem
EURUSD, H1 EURUSD has settled to near net unchanged levels near 1.1750 after ebbing back from a 1.1781 high, which was set in early London trading. Dollar weakness had been…
Read More »Brexit headlines driving the markets
The UK currency took a sharp rotation lower on Brexit related developments. Weighing were reports that the EU and UK are struggling on key issues in trade negotiations, and with…
Read More »FX Update – September 23 – Day 3 of Dollar Gains
EURUSD, H1 The Dollar is up for a third consecutive day, even managing gains against the Yen as global stock markets lifted out of recent correction lows. Solid US data…
Read More »Events to Look Out for Next Week
After an exciting week, the markets continue to digest central bank decisions while waiting for a fresh catalyst. Rising virus infections around the world remain in focus as there is…
Read More »FX Update September 16 – A weaker USD ahead of the FED
EURUSD has rallied by just over 50 pips from the intraday low in posting a high at 1.1882. This swings yesterday’s six-day peak at 1.1901 back into scope. Dollar weakness…
Read More »FX Update – September 11 – Pound finds respite at lows
EURGBP & GBPUSD, H4 The Dollar and Yen remained on a softening tack, the Pound hit fresh lows before paring losses, while the Euro and Dollar bloc currencies occupied…
Read More »Euro Forecast: EUR/USD Set Fair to Reach Highest Levels Since Spring 2018
If ECB President Christine Lagarde was hoping to curb the strength of EUR/USD last week, she failed. Instead, the pair is now well placed to reach new two-year highs above…
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