by Anne Bannerman | Feb 1, 2023
Last week was the first quiet week of the year. The markets gained vs the US Dollar as we could be heading towards the crucial pivot point in Fed Rate rises. US GDP was better than expected at 2.9% while the PCE came in line with expectations. The Euro continues in...
by Anne Bannerman | Jan 25, 2023
Last week saw the anticipated BOJ announcement which disappointed the market. The BOJ decided not to take any action on interest rates which was a surprise. Other than that, the market had a relatively sideways week. The Euro should have performed better as ECB...
by Anne Bannerman | Jan 17, 2023
Last week saw the CPI number released. the YoY number met expectations however the market viewed the print as further fuel to the Feds fire to pause its tightening of interest rates. The USD fell significantly along with a risk asset rally. The Euro finally had a...
by Anne Bannerman | Jan 10, 2023
Last week saw liquidity come back into the market after a quiet Christmas break. As ever with the first week of the month it was non-Farm Payrolls on Friday which although was strong the other data from the US was on the weaker side leading to a USD sell off. The US...
by Anne Bannerman | Dec 20, 2022
Last week saw the round of central bank announcements. The rate rises were as the market expected both the ECB and the Fed surprised with a more hawkish tone however the BoE delivered a more dovish tone. The US Dollar initially took a bid post FOMC but further...
