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A busy economic calendar for the last week before Christmas
Good morning What a terrific weekend, not too cold, not too wet, pleasant enough for me to go outside and tackle the remaining leaves...
revansfx
Dec 18, 20233 min read
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BoE and ECB more hawkish than Fed, GBP and EUR
Good morning In stark contrast to the Fed, the Bank of England made it clear they see risks to inflation are still to the upside and they...
revansfx
Dec 15, 20233 min read
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Dovish Fed sends USD lower, will BoE and ECB follow suit?
Good morning Well there was me thinking that Powell would err on the less dovish side. Fed did leave rates unchanged but we got a pretty...
revansfx
Dec 14, 20234 min read
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Will Powell be as dovish as the market hopes?
Good morning Well the long-awaited US inflation number turned out to be something of a non-event yesterday, possibly because it came out...
revansfx
Dec 13, 20234 min read
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US inflation numbers to set the tone for USD into year end
Good morning It was a fairly quiet day in the currency markets yesterday as we’d anticipated. GBPUSD was stuck around the 1.2550 area,...
revansfx
Dec 12, 20234 min read
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Stronger US employment numbers push USD higher, busy economic calendar this week
Good morning A stronger nonfarm payroll number Friday sent the USD higher. The headline of +199k was good but the greater surprise came...
revansfx
Dec 11, 20233 min read
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USDJPY collapse spooks the markets ahead of US nonfarms
Good morning A quick glance at the currency levels today and you’d think not a lot has changed, USD a touch stronger against GBP and EUR,...
revansfx
Dec 8, 20233 min read
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BoJs Ueda sends Yen marching higher
Good morning It was a fairly quiet day in the currency markets yesterday with pretty tight ranges seen in the majors, although after the...
revansfx
Dec 7, 20233 min read
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USD holds recent gains, EUR softer on rate cut thinking
Good morning US Dollar had a bit of a push higher yesterday afternoon, helped by a better than expected ISM headline. GBPUSD broke...
revansfx
Dec 6, 20233 min read
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USD unwinds some recent losses, focus on US data this afternoon
Good morning A bit of a turnaround in the currency markets yesterday with US dollar pushing a bit higher through the afternoon. GBPUSD...
revansfx
Dec 5, 20233 min read
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Markets sees Powell comments as dovish
Good morning Feds Powell spoke on Friday, overall said nothing particularly new, will tighten further if needed although for now policy...
revansfx
Dec 4, 20233 min read
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Fed officials offer differing opinions, will Powell set us straight
Good morning Welcome to December. I’ve been away for a couple of days and return this morning to a very thick frost indeed. Can’t...
revansfx
Dec 1, 20234 min read
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USD remains soft, will the weakness continue
Good morning Overall it was a bit of a nothing day in the currency markets yesterday, GBPUSD traded a range around 1.2600-1.2640, EURUSD...
revansfx
Nov 28, 20233 min read
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USD continues lower but markets price US rates higher for longer
Good morning Welcome back after the weekend, a long weekend for some readers and just a normal winters weekend for others. We headed up...
revansfx
Nov 27, 20234 min read
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BoEs Pill warns it is too early to declare victory on inflation
Good morning No surprise that we’ve seen very little movement over the past day or so with GBPUSD now 1.2535, EURUSD 1.0905 and USDJPY...
revansfx
Nov 24, 20233 min read
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Tool boxes in space
Good morning The US dollar tried to make back some of its recent losses yesterday, with GBPUSD trading down from almost 1.2550 to 1.2450,...
revansfx
Nov 23, 20234 min read
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Hoping Hunt's message won't have the same effect as Kwarteng's mini-budget
Good morning It’s a mixed bag this morning, the US dollar has held or even reversed some of its losses, with EURUSD now 1.0910 and USDJPY...
revansfx
Nov 22, 20233 min read
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USD stays weak, Yen higher
Good morning One week ago today the US CPI data was released which triggered something of a reversal for the US dollar. One could argue...
revansfx
Nov 21, 20233 min read
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Weaker USD suggests we have reached a peak in US rates
Good morning Ongoing hope that we have seen the peak in US rates is helping stocks push higher and USD lower. GBPUSD is back up to...
revansfx
Nov 20, 20233 min read
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GBP brushes off soft retail sales numbers
Good morning UK retail sales came out weaker than expected this morning, sending GBPUSD down from 1.2415 to 1.2375 although we’ve seen no...
revansfx
Nov 17, 20233 min read
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