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I spoke too soon, strong US GDP and BoJ pushes USD higher, and Yen all over the place
Good morning A bit of volatility yesterday afternoon and then overnight on the stronger than expected US GDP release and then the BoJ...
revansfx
Jul 28, 20233 min read
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Sit back and wait for September....
Good morning Fed did raise rates 25bps yesterday evening as widely expected. The accompanying statement was almost the same as last...
revansfx
Jul 27, 20234 min read
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Markets await Fed rate decision, 25bps rise expected but its all about the statement
Good morning We have seen a bit of USD weakness ahead of this evenings FOMC decision. GBP has been a beneficiary, with GBPUSD having...
revansfx
Jul 26, 20233 min read
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Talk of stimulus boosts Chinese stocks
Good morning An announcement yesterday from China that more stimulus was likely pushed China stocks higher, while USDCNY traded lower on...
revansfx
Jul 25, 20233 min read
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ECB, Fed and BoJ all announce rates this week
Good morning Back in the office after a great weekend on the Isle of Wight where I was lucky enough to take in not only the rugby sevens...
revansfx
Jul 24, 20233 min read
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Yen weaker this morning as Ueda signals no policy change next week
Good morning GBP has made back a little ground after some stronger than expected retail sales numbers this morning. GBPUDS pushed from...
revansfx
Jul 21, 20232 min read
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GBP weakness continues
Good morning The feeling that various central bank rates may be at or near their peak seems to be gaining traction. ECBs Stournas ha said...
revansfx
Jul 20, 20232 min read
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Lower UK inflation sends GBP lower
Good morning Lets start with the UK inflation numbers that were released this morning. A surprise drop in YoY CPI and core CPI to 7.9%...
revansfx
Jul 19, 20233 min read
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Markets eye US retail sales, UK inflation releases
Good morning It was a slow start to the week for currencies, no major surprise given the light calendar yesterday coming ahead of a...
revansfx
Jul 18, 20233 min read
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What did I miss....weaker US dollar!
Good morning Well I’m back from holiday and need to get back into the swing of working but its never easy hitting the ground running. ...
revansfx
Jul 17, 20233 min read
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USD pushed one way then the other on jobs data, nonfarms to follow today
Good morning It was something of a rollercoaster ride for GBPUSD yesterday, trading up from 1.2705 to 1.2780, then down to 1.2675, then...
revansfx
Jul 7, 20234 min read
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Currency markets still quiet but risk sentiment waning
Good morning Well it was another fairly quiet day yesterday in the world of currencies, GBPUSD still sits around 1.2700, EURUSD a bit...
revansfx
Jul 6, 20233 min read
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Markets quiet ahead of US Independence Day
Good morning It was indeed a fairly quiet day in the markets yesterday and today must surely follow suit given it is one of the biggest...
revansfx
Jul 4, 20233 min read
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Welcome to H2 2023
Good morning Welcome to H2 2023. Asian markets have started the second half of the year on a positive note following month-end gains in...
revansfx
Jul 3, 20232 min read
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178 shopping days until Christmas...
Good morning Its Friday and it’s the end of the first half of the year. All come around very quickly indeed. There are only 178 shopping...
revansfx
Jun 30, 20234 min read
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GBP lower but more rate rises to come
Good morning Everything was ticking along as normal yesterday, no major news to report from the currency markets, GBPUSD seeming happy in...
revansfx
Jun 29, 20234 min read
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Softer Aussie inflation sends AUD lower
Good morning Yesterday wasn’t the most exciting in the currency markets, GBPUSD is 1.2730 and EURUSD 1.0943, not far off from where we...
revansfx
Jun 28, 20233 min read
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Central banks to keep raising rates to counter inflation
Good morning ECB officials have been talking of more rate rises to come, July seems something of a certainty but there is increasing talk...
revansfx
Jun 27, 20233 min read
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'Safe' in Belarus?
Good morning Well of course the big news over the weekend was the Russian ‘mutiny’ which, as nice as it may be to see Putin under a bit...
revansfx
Jun 26, 20233 min read
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GBP lower despite BoEs 50bps rate rise
Good morning I spent much of Wednesday and Thursday out of the office meeting with clients and potential clients and indeed people who...
revansfx
Jun 23, 20233 min read
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