by Anne Bannerman | Jul 30, 2024
Last week we saw big moves as several themes began to emerge. Yen at long last had a huge rally as it recovered from its near 40-year lows. The US Dollar also was one of the weeks winners as more risk currencies such as NZD and AUD both suffered. The overall picture...
by Anne Bannerman | Jul 17, 2024
Last week the US Dollar fell as the Fed rate focus shifted dramatically. The US CPI coupled with the previous payroll numbers all points towards a cooling economy. This has shifted the view of traders who view a September and December rate cut as near certainties with...
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...
