Fed Minutes Signal Higher for Longer as Markets Eye Key US Inflation Data
Last night’s Federal Reserve meeting minutes from January showed policy members were still divided on the path for future interest rate decisions as several members indicated a possibility for rates […]
UK Inflation Falls to 3 Percent as Rate Cut Expectations Rise
UK Inflation released this morning has shown price pressures easing from 3.4% to 3% which has now increased the possibility of an interest rate cut by the Bank of England […]
Pound Slides as UK Unemployment Hits Five Year High
The British Pound faced selling pressure on Tuesday following the release of weaker than expected UK unemployment data. The readings from the data, suggest markets now raised the probability of […]
Volatility Returns as Dollar Swings and Sterling Faces Political Pressure
Markets have been particularly volatile over the past week, with the FX space dominated by a clear tug-of-war between a softer US Dollar, shifting risk sentiment and regional political developments. […]
Dollar Edges Lower Ahead of Key US Labour and Retail Data
The US Dollar is drifting slightly lower this morning as investors wait for a heavy run of US economic data that will help shape interest rate expectations. Attention remains firmly […]
Sterling Under Pressure Ahead of Key Central Bank Decisions
Sterling has continued its fall off from 1.37 against The Dollar and 1.16 against the Euro as investors and traders position themselves ahead of this afternoon’s Bank of England interest […]
US Dollar Subdued as Fed Speculation Grows
The U.S Dollar has largely remained subdued over the last few days as the nomination of Kevin Warsh for the Federal Reserve Chairman has increased speculation of a more dovish […]
Global Markets React to Central Bank Decisions and Key Data
Reserve bank of Australia did raise their interest rate levels this morning. Even if the monetary action was expected, we have seen AUD making moves against its peers, with GBP/AUD […]
Dollar Volatility Dominates as Key Data and Central Banks Take Focus
Last week was one of the most volatile we have seen so far this year, driven largely by sharp and widespread US Dollar weakness. GBP/USD surged from 1.34 to 1.38 […]
USD Stabilises as Fed Chair Speculation Emerges Ahead of Key Eurozone GDP Data
The USD has shown small signs of a recovery in the opening session of Friday, carried on from Thursday afternoon. Recent catalyst is that rumours from the US indicate that […]