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GBP lower on suggestion of earlier rate cuts
Good morning US retail sales come out better than expected yesterday, USD did gain on the release with GBPUSD trading down to 1.2405 and...
revansfx
Nov 16, 20233 min read
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US shoots lower on softer US CPI, lower UK inflation take GBP off its highs
Good morning Softer US inflation numbers yesterday sent USD lower as the market started to discount the chance of rate rises. The...
revansfx
Nov 15, 20234 min read
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Eyes on key inflation report from US this afternoon, UK data follows early tomorrow morning
Good morning UK unemployment this morning was on the very slightly softer side, with average earnings lower than the previous month, with...
revansfx
Nov 14, 20234 min read
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Watching USDJPY as it nears Oct 2022 highs
Good morning The US dollar had a bit of a push higher Friday afternoon with GPUSD reaching 1.2190 and EURUSD 1.0665 but by the close they...
revansfx
Nov 13, 20233 min read
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Powell talks up the USD with rate rise warning
Good morning They shall not grow old, as we that are left grow old Age shall not weary them, nor the years condemn At the going down of...
revansfx
Nov 10, 20234 min read
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Ueda helps push USDJPY back towards intervention territory
Good morning Back in the office after another extremely pleasant trip down to the Isle of Wight to visit some clients, always interesting...
revansfx
Nov 9, 20233 min read
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RBA raise rates but it's USD that pushes higher
Good morning We awake to find the US dollar a touch stronger, perhaps it was Kashkari’s comments that has supported USD, he said is...
revansfx
Nov 7, 20232 min read
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USD lower after softer US employment numbers
Good morning Option expiry times and US economic releases are back to normal following US clock change at the weekend. US employment...
revansfx
Nov 6, 20233 min read
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BoE keep rates unchanged, now attention on US employment numbers
Good morning For this week, US data releases will be one hour earlier at 12.30 or 14.00 london time due to the clock changes. In...
revansfx
Nov 3, 20234 min read
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Slightly dovish Fed keeps USD off its highs, attention turns to BoE
Good morning It was difficult to get a clear sense of direction once again in the markets yesterday. USD weakened into yesterday...
revansfx
Nov 2, 20233 min read
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FOMC likely to remain on hold, Japan steps up verbal intervention
Good morning, welcome to November. For this week, US data releases will be one hour earlier at 12.30 or 14.00 london time due to the...
revansfx
Nov 1, 20233 min read
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Minor tweaks to BoJ YCC fail to support yen
Good morning For this week, US data releases will be one hour earlier at 12.30 or 14.00 london time due to the clock changes. In...
revansfx
Oct 31, 20233 min read
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Uneasy calm ahead of a potentially volatile week
Good morning For this week, US data releases will be one hour earlier at 12.30 or 14.00 london time due to the clock changes. In...
revansfx
Oct 30, 20233 min read
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Strong US GDP fails and rising Middle East tensions fail to push USD higher
Good morning For once the US dollar was unable to benefit from strong numbers. US GDP came out at 4.9%, better than consensus although...
revansfx
Oct 27, 20234 min read
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US GDP today could offer further support to USD, eyes also on ECB
Good morning Well that spell of USD weakness a couple of days ago didn’t last long. GBPUSD slipped back to 1.2070 this morning, EURUSD...
revansfx
Oct 26, 20233 min read
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Weak UK and EU PMIs and stronger US PMIs send GBPUSD and EURUSD lower
Good morning Some weaker than expected PMIs from EU and UK dragged GBPUSD and EURUSD off their highs yesterday and then by contrast some...
revansfx
Oct 25, 20232 min read
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USD lower on comments from Bill and Bill
Good morning In the absence of any major economic data, it was a bit of a non-day for much of yesterday with much of the time spent...
revansfx
Oct 24, 20233 min read
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Eyes remain fixed on Middle East
Good morning The world remains on alert over the Gaza-Israel actions. There is a real risk of an escalation of the crisis with Lebanon...
revansfx
Oct 23, 20233 min read
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UK retail sales disappoint but main focus remains on Middle East tensions
Good morning Disappointing UK retail sales this morning did little to help GBP and indeed little to help confidence in the overall...
revansfx
Oct 20, 20234 min read
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Hospital attack sees Middle East tensions run high ahead of Biden visit
Good morning UK inflation numbers this morning were not as soft as expected, the headline coming in at 6.7% against expected 6.5%, the...
revansfx
Oct 18, 20234 min read
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