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Yen higher on BoJ comments, market awaits US PCE
Good morning Wednesday was yet another day of trading within narrow ranges, GBPUSD lifted off its morning lows around 1.2625 to trade...
revansfx
Feb 29, 20243 min read
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NZD lower as RBNZ veer away from further rate rises
Good morning It was another slow day in the currency markets yesterday, even weaker than expected US durable goods and consumer...
revansfx
Feb 28, 20243 min read
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Can EUR gain amid push back on rate cut timings
Good morning Well I thought yesterday would be a quiet day in the currency markets but I didn’t expect it to be quite so quiet. GBPUSD...
revansfx
Feb 27, 20243 min read
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Risk sentiment remains high in otherwise slow start to the week
Good morning We had a fairly slow day on Friday, equities were mostly a fraction higher, US dollar was a fraction lower. By the close...
revansfx
Feb 26, 20243 min read
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Fed officials still pushing back on rate cuts for a couple of months at least
Good morning Back at the desk after a couple of says visiting clients, potential clients and old friends, one of my favourite parts of...
revansfx
Feb 23, 20243 min read
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Watching GBPEUR as it hovers around support levels
Good morning Lower than expected CAD inflation yesterday sent USDCAD higher from 1.3475 to 1.3530, not a huge move and its actually 10...
revansfx
Feb 21, 20243 min read
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Should we expect lower energy prices?
Good morning As expected the markets were on the quiet side yesterday due to the US holiday. GBP did soften a little through the day,...
revansfx
Feb 20, 20243 min read
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US holiday likely to lead to quiet markets
Good morning I’m going to keep things brief this morning for two reasons. First, its US holiday which is likely to make the day rather...
revansfx
Feb 19, 20242 min read
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UK retail sales surprise to the upside
Good morning US retail sales yesterday came in worse than expected at -0.8% for January against an expected -0.2%, while the December...
revansfx
Feb 16, 20243 min read
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GBP struggles as UK enters recession
Good morning Not a vast amount of movement in the currency markets to report from yesterday. GBPUSD had traded down to around 1.2535,...
revansfx
Feb 15, 20243 min read
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US and UK inflation readings catch market on the wrong foot
Good morning, and a Happy Valentine’s Day to you all. Yesterday I mentioned that forecasts saw US inflation lower and UK inflation...
revansfx
Feb 14, 20243 min read
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Potential for US inflation down, UK inflation up
Good morning All was quiet through yesterday, and with some Asian markets still on holiday it was reasonably quiet overnight as well. ...
revansfx
Feb 13, 20243 min read
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It's all about inflation. And GDP. And retail sales. And central bank speakers
Good morning We had a relatively quiet end to the week, the US dollar was just very slightly weaker heading into the weekend and this...
revansfx
Feb 12, 20244 min read
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Kiwi flies as ANZ research look for further rate rises
Good morning Central bankers did indeed pretty much follow the same script yesterday, certainly the Fed officials speaking talked of the...
revansfx
Feb 9, 20244 min read
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Focus on central bank speakers today
Good morning Most majors did their best to hold gains against the US dollar, GBPUSD traded within a tight 1.2620-1.2640 range through...
revansfx
Feb 8, 20243 min read
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GBP recovers some of it's recent losses
Good morning GBP has clawed its way back up to the 1.26s and 1.17s against USD and EUR respectively, those now trade at 1.2625 and...
revansfx
Feb 7, 20243 min read
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US dollar continues its show of strength, GBP struggles
Good morning A stronger than expected US ISM figure helped push the US dollar higher against other majors. GBPUSD finally broke out of...
revansfx
Feb 6, 20242 min read
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US employment numbers sends USD higher, market still prices in more rate cuts than Fed expects
Good morning The US dollar was near its lows as we approached the US nonfarms payrolls on Friday, GBPUSD was up in the 1.2770 region...
revansfx
Feb 5, 20244 min read
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Are we going to see another regional bank crisis?
Good morning We’ll start with the BoE rate decision yesterday. Rates left unchanged, no surprise there.   The guidance was tweaked, the...
revansfx
Feb 2, 20244 min read
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USD higher as Fed push back on early rate rises, BoE up next
Good morning January is done and dusted, those who held out for a dry January now have a big decision to make, to keep going or to get...
revansfx
Feb 1, 20243 min read
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