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Nervous calm? Is that a thing?
Good morning If there can be such thing as a nervous calm, this is it. The situation in the Middle East is finely balanced. The...
revansfx
Oct 17, 20233 min read
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Elevated risks makes for nervous markets
Good morning It had looked briefly on Friday morning that the post-US CPI dollar highs had been reversed and that the likes of EURUSD and...
revansfx
Oct 16, 20233 min read
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US CPI sends USD higher
Good morning I warned yesterday that a significant shift either side of the expected US CPI headline number could lead to a bout of...
revansfx
Oct 13, 20234 min read
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Sit back and wait for US CPI, just don't sit on the London Underground
Good morning The US dollar tried to push higher after yesterdays US PPI release but the move was both shallow and brief. Majors have...
revansfx
Oct 12, 20234 min read
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Majors hold ground against USD, GBP awaits GDP numbers early tomorrow morning
Good morning I was out of the office for much of the day yesterday but I don’t seem to have missed much. USD remains under a little...
revansfx
Oct 11, 20233 min read
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USD loses ground amid cautious sounds from Fed officials
Good morning The USD spent much of yesterday on the back foot, with GBPUSD and EURUSD trading up to 1.2255 and 1.0585 overnight, now...
revansfx
Oct 10, 20233 min read
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Geopolitical risks overshadow immense nonfarm payroll headline
Good morning I try to steer away from writing too much about natural or man-made disasters, but there are times when it is necessary. I...
revansfx
Oct 9, 20234 min read
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Nonfarm payrolls to set the tone for USD
Good morning US dollar fails to regain recent losses ahead of todays nonfarm payroll data. GBPUSD now 1.2185, EURUSD 1.0540, GBPEUR...
revansfx
Oct 6, 20233 min read
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It's all about the dollar, focus on jobs data
Good morning The US dollar gave back a small part of its recent gains, a surprisingly weaker than expected ADP employment number helped...
revansfx
Oct 5, 20234 min read
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Japan, did they or didn't they intervene?
Good morning USDJPY traded up to 150.00 yesterday afternoon following after a strong JOLTS US job openings number. It was only there...
revansfx
Oct 4, 20233 min read
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USD continues its march higher amid talk of rate rises, while we await US employment numbers
Good morning US dollar has had another push higher, helped in no small part by comments from Feds Bowman who said its likely Fed will...
revansfx
Oct 3, 20232 min read
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Golden week for China, watching US employment numbers for the rest of us
Good morning The UD just managed to avoid a government shutdown with a last minute deal that takes us through to 17th November, more of a...
revansfx
Oct 2, 20233 min read
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GBP staging comeback vs EUR after testing key support
Good morning Better than expected US durable goods served to settle the markets down a bit yesterday. At one stage it looked as though...
revansfx
Sep 28, 20233 min read
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US dollar holds gains despite threat of possible US government shutdown
Good morning The US dollar continues to hold recent gains with GBPUSD trading to 1.2140 and EURUSD to 1.0555, now 1.2155 and 1.0570...
revansfx
Sep 27, 20233 min read
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US dollar up on higher rate warnings...will Japan repeat last years Sept/Oct intervention?
Good morning US dollar is on the move. Comments from Feds Kashkari suggest not only can US rates go higher, but they could stay there for...
revansfx
Sep 26, 20233 min read
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Currencies stuck in tight ranges for the time being
Good morning After testing up to 1.2280 Friday afternoon, GBPUSD has been traded within a 20 pips range pretty much ever since, if...
revansfx
Sep 25, 20232 min read
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BoE leave rates unchanged, have we reached a peak?
Good morning BoE did choose to leave rates unchanged at 5.25% yesterday, ending a run of 14 straight increases, in a move that surprised...
revansfx
Sep 22, 20233 min read
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Fed holds but USD higher, now comes BoE
Good morning So the Fed left rates unchanged as widely expected. Powell left the door open for further rate rises but for now is happy...
revansfx
Sep 21, 20234 min read
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Surprise drop in UK inflation sends GBP lower
Good morning UK inflation very much surprised to the downside this morning, headline coming in at 6.7% vs 7.1% expected and Core CPI down...
revansfx
Sep 20, 20233 min read
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UK inflation tomorrow morning could be key for BoE
Good morning As expected things were pretty quiet yesterday. Any rally in GBPUSD over 1.2400 was brief, and we have stayed below that...
revansfx
Sep 19, 20233 min read
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