by Anne Bannerman | Mar 19, 2024
Last week the dollar ended the week the strongest. This was in contrast to the previous week where we felt the trend had reached a turning point. Despite the reversal the Dollar remains well within the range pointing to the market waiting for Fed confirmation before...
by Anne Bannerman | Mar 12, 2024
Last week we finally saw a change from the trend as Dollar was the weeks worst performer. A cooling US job market and Powell signalling a June rate cut sent the US Dollar tumbling. During his semi-annual statement he hinted that the Fed is not far from the point of...
by Anne Bannerman | Mar 8, 2024
Last week we saw a continuation of the previous few weeks especially in equities as they moved to new highs. The FX market has lost focus recently as eyes are on other areas of the market. Equities are rallying and Crypto has awoken with a bang. The weeks highlight...
by Anne Bannerman | Feb 27, 2024
Last week was a quieter week for FX markets as there were little global data with only the PMI the main releases. The continued rolling back by the Fed and ECB of any rate cuts has seen a strong USD theme over the last few weeks and months. Last week saw a small...
by Anne Bannerman | Feb 20, 2024
Last week we saw the US inflation report come in higher than expected. YoY dropped to 3.1% but it fell less than markets expected. The led the DXY Index to new 3-month highs and push lower yielding currencies like Yen to new lows. Any hopes of a March rate cut are now...
