by Anne Bannerman | Jun 25, 2024
Last week we saw the Yen continue to plummet as it lost 1.5% on the week. The week had it move closer to the 160 level as the BoJ failed to make clear its bond tapering program and with no immediate action the market moved the Yen lower against all other pairs. With...
by Anne Bannerman | Jun 18, 2024
Last week we had the results of the latest European Elections and it delivered. The Euro was the worst performer of the week as President Macron chose to call a snap election on the shortest timetable allowable. Across the Eurozone mainstream parties lost significant...
by Anne Bannerman | Jun 11, 2024
Last week we saw the first of potentially more rates cuts as both the BoC and ECB cut rates by 25bps. I know our reports have been looking at rate cuts being pushed deeper and deeper into 2024 and the NFP number last week seemed to continue its signal of higher for...
by Anne Bannerman | Jun 4, 2024
Last week the markets were muted despite inflationary data remaining stubbornly high. AUD and NZD were the winners following strong numbers but the real risk off sentiment for the week muted any major moves. The DXY ended the week flat as it failed to show any...
by Anne Bannerman | May 30, 2024
Last week the markets were influenced by impending rate cuts or lack of. GBP regained the 1.27 level as any imminent rate cuts seem to have been pushed back from June to the earliest August. This was substantiated by the most recent inflationary numbers coupled with...
