by Anne Bannerman | Sep 26, 2024
Last week we finally saw the Fed move. The cut of 50bps had been on the cards for a while and the markets reacted accordingly. The Dollar was on the back foot but posted gains vs the JPY as it continued to hold firm with good support around these levels. The Yen was...
by Anne Bannerman | Sep 24, 2024
Last week was more of a risk on week and the volatility in the currency markets dampened slightly as the market looks towards what the Fed will do coupled with the ongoing Presidential campaigns. The US Dollar traded in a much tighter range with Yen the biggest...
by Anne Bannerman | Sep 3, 2024
Last week as we had the final week of August the prospect of rate cuts drove a risk on approach. We saw major indexes move back towards their highs. The move higher was driven as expectations of rate cuts from both the Fed and ECB. This is against a backdrop of a...
by Anne Bannerman | Aug 28, 2024
Last week we saw the finishing of the Jackson Hole conference. As that concluded Jay Powell all but admitted that a September rate cut was happening along with a softening stance for future cuts if economic data continues to disappoint. Post the Powell comments risk...
by Anne Bannerman | Aug 16, 2024
Last week consolidation was the key phrase. Monday, we saw Asian markets swan dive post the week before US job numbers. The Nikkei losing around 12% as Asia sold off heavily as the Yen carry came to a sudden and very abrupt end. Across the board consolidation was the...
