Cromwell FX Market View  BOE Intervenes

Cromwell FX Market View BOE Intervenes

Last week we continued to see elevated levels of volatility. GBP came under initial selling pressure early in the week but also all currencies vs the USD were weak early in the week. The USD gave back gains later in the week despite upside surprise inflationary data....
Cromwell FX Market View  All Hail the King Dollar

Cromwell FX Market View All Hail the King Dollar

Last week saw levels of unprecedented volatility in the Foreign Exchange Markets. The Fed raised rates by 75bps and committed to continue the tightening cycle as it looks to control inflation. This in turn put significant pressure on risk assets. The week finished...
Cromwell FX Market View  All Hail the King Dollar

Cromwell FX Market View All Hail the King Dollar

Last week saw levels of unprecedented volatility in the Foreign Exchange Markets. The Fed raised rates by 75bps and committed to continue the tightening cycle as it looks to control inflation. This in turn put significant pressure on risk assets. The week finished...
Cromwell FX Market View US Inflation Spurs the USD Higher

Cromwell FX Market View US Inflation Spurs the USD Higher

Last week US inflation data came in higher than expected which moved USD stronger once again. With the Fed looking at the data the market is predicting where the terminal rate will be. The US Dollar would have ended higher but for Friday’s reversal. The DXY ended the...