by Anne Bannerman | May 10, 2023
Last week we had key interest rate announcements from both the Fed and ECB. Whilst we saw both raise rates by 25bps it would seem the ECB are looking to continue to raise while the Fed may have reached the end of its cycle. The US Dollar ended the week lower and not...
by Anne Bannerman | May 2, 2023
Last week the markets began looking at the real possibility of Stagflation. US GDP disappointed and with key central banks announcements upcoming the DXY index was a little lower at 101.6. Euro and GBP both had a reasonable week. They both posted gains vs the US...
by Anne Bannerman | May 1, 2023
Cromwell FX is a systematic foreign exchange trading program, based on 22 currency pairs, traded on a 24-hour basis. Performance Updates Compounded Gross Performance 1.94% in April 2023 Total Compounded Gross Performance 110.02% since January 2014 The Last 12 Months...
by Anne Bannerman | Apr 26, 2023
Last week the markets struggled to make any directional moves. Compared to the rest of 2023 so far this was a quiet week. With further weakening in global economic data this could well point towards an impending recession. The Dollar still looks weak but overall ended...
by Anne Bannerman | Apr 19, 2023
Last week had the US CPI and PPI releases which would give guidance to how the Fed may react in the coming weeks. The CPI showed further inflation slowdown and the PPI also surprised on the lower side. This moved the US Dollar lower through the week, but Friday saw...
