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Markets in limbo ahead of FOMC
Good morning It’s the end of January! Where has that time gone? OK so I was ill the first couple of weeks of January, knocked out by...
revansfx
Jan 31, 20242 min read
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Rangebound markets ahead of FOMC, BoE
Good morning Currency markets remain stuck in a tight range as we await Fed and BoE rate announcements. GBPUSD is at 1.2700, EURUSD at...
revansfx
Jan 30, 20243 min read
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GBP holds gains against EUR as we wait for FOMC and BoE rate meetings
Good morning Hope you had a terrific weekend. The weather here was milder during the days, it was even warm enough for me to get outside...
revansfx
Jan 29, 20243 min read
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GBP holds gains against EUR but can it break higher still?
Good morning Yesterday saw some steady USD buying which took GBPUSD down to 1.2650 and EURUSD to 1.0825 in late afternoon, although...
revansfx
Jan 24, 20242 min read
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US dollar a touch weaker as China talks of huge market support measures
Good morning Equities were mixed in Asian trading overnight, although talk of a huge rescue package from China to the tune of US$270+bn...
revansfx
Jan 23, 20242 min read
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ECB rate meeting this week, Fed and BoE next week
Good morning Welcome to a rather blustery Monday morning. I say blustery, we did have some heavy rain and strong winds overnight, but I...
revansfx
Jan 22, 20242 min read
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Central bank officials continue to push back against early rate cut talk
Good morning A stronger US retail sales number yesterday confirms a resilience in consumers despite high interest rates. This all adds...
revansfx
Jan 18, 20242 min read
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GBP higher as UK inflation surprises to the upside
Good morning Feds Waller was the latest Fed official to push back against the idea of early and fast rate cuts, preferring slow,...
revansfx
Jan 17, 20242 min read
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GBP lower on slowing UK wage growth
Good morning It was another quiet session in the currency markets yesterday, no major surprise given the US holiday. Overnight we saw a...
revansfx
Jan 16, 20243 min read
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Slow start to the week but plenty of economic to come
Good morning A fairly quite start to the week, the US dollar finding just enough strength to keep the majors off their recent highs. ...
revansfx
Jan 15, 20243 min read
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USD still testing recent lows despite than expected higher US inflation
Good morning US inflation came out a touch higher than estimates yesterday which served to pull USD from its lows. GBPUSD traded down...
revansfx
Jan 12, 20242 min read
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USD near recent lows as we await US inflation numbers
Good morning A suggestion from Deutsche Bank that UK inflation may hit 2% by April has done nothing to stem GBP’s rise against USD. As I...
revansfx
Jan 11, 20242 min read
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Will higher shipping costs prevent inflation declines?
Good morning It was a quiet day as expected yesterday, US dollar slightly higher across the majors but hardly anything to write home...
revansfx
Jan 10, 20242 min read
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Fed rate cut thinking pushes USD towards recent lows
Good morning Steadily getting better, now just feel as though I’ve had a few rounds with Mike Tyson both in terms of fatigue and aches. ...
revansfx
Jan 9, 20242 min read
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What a start to 2024!
Good morning and welcome to the first report of the new year. It’s fair to say 2024 hasn’t kicked off completely as I’d have hoped or...
revansfx
Jan 8, 20243 min read
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End of year message from RAM
Well we’ve reached that time of the year where I spend a brief time reviewing the year we are leaving behind and consider what is in...
revansfx
Dec 22, 20234 min read
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Potential for USD to weaken further
Good morning I perhaps needn’t have worried about the UKs retail sales data, as numbers announced today were not only stronger than...
revansfx
Dec 22, 20232 min read
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USD makes small gains as Fed officials continue to talk down chances of early rate cuts
Good morning It was a slower day in the currency world yesterday with little in the way of significant movement. US dollar has pushed a...
revansfx
Dec 21, 20233 min read
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GBP lower after a surprise drop in inflation this morning
Good morning Yesterdays EU inflation was in line with expectations and we saw little reaction in the markets as a result. CAD inflation...
revansfx
Dec 20, 20233 min read
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BoJs Ueda surprises with dovish tone, now attention turns to inflation numbers
Good morning All pretty quiet in the currency markets yesterday and again overnight, EURUSD currently a fraction higher at 1.0935 having...
revansfx
Dec 19, 20233 min read
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