by Anne Bannerman | Jul 9, 2024
Last week the Yen finally stabilised. This was more due to a weakened Dollar than anything else. The greenback suffered a very soft week as the weeks economic reports came in highlighting the effects of the sustained higher for longer interest rate level that has been...
by Anne Bannerman | Jul 3, 2024
Last week we saw the Yen continue to fall breaking the 160-level vs the US Dollar and tumbling against the other majors to hit multi decade lows. In spite of this the BoJ continues to stay on the sidelines refusing from intervening directly, but further falls were...
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...
