by Anne Bannerman | Jun 14, 2023
Last week we had a quieter week after the volatility ahead of the debt ceiling agreement. With much detail to digest the market looked towards the CPI and interest rate decisions coming up. The US Dollar traded lower through the week as the FOMC decision could be the...
by Anne Bannerman | Jun 7, 2023
Last week we saw the predictable debt ceiling agreement. This was then duly passed in the house and senate. With the week ending with good employment payrolls markets took a further leg higher. The US Dollar fell slightly with the DXY ending the week 0.2% lower. The...
by Anne Bannerman | May 30, 2023
Last week was dominated by the continued talk over the debt ceiling and how to break the current impasse. However, Friday we began to see signs that an agreement was close and the market moved to add risk. It is inevitable that an agreement will be reached as the...
by Anne Bannerman | May 25, 2023
Last week all eyes were on the Greenback and if it could continue its strong run. The week ended with just that although it did give up some gains by later in the week. The DXY closed 0.5% higher around the 103.20 level. The main driver as we move towards the end of...
by Anne Bannerman | May 15, 2023
Last week we had BoE interest rate decision which unsurprisingly moved 25bps higher and continued to deliver a mildly hawkish tone. The main theme was the strong dollar which gained against all major currencies. It seemed that USD shorts eventually got squeezed as DXY...
