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Any sign of a US debt limit agreement?
Good morning A quick look at GBPUSD this morning shows it is almost exactly where it was this time yesterday, around 1.2450. In the...
revansfx
May 18, 20233 min read
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USD back in favour
Good morning US dollar has pushed higher despite some disappointing retail sales numbers yesterday. GBPUSD and EURUSD have traded...
revansfx
May 17, 20232 min read
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GBP slips after weaker employment data
Good morning GBPUSD had pushed back above 1.2500 yesterday to reach 1.2535, but this mornings weaker than expected UK employment numbers...
revansfx
May 16, 20232 min read
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USD up on higher US inflation expectations
Good morning The US dollar has had a bit of a push higher, with GBPUSD dropping to 1.2445 overnight (now 1.2475) and EURUSD hitting a low...
revansfx
May 15, 20233 min read
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GBP lower after BoE raises rates
Good morning BoE did indeed raise rates 25bps to 4.5% yesterday, the twelfth consecutive raise. Two members did vote to keep rates...
revansfx
May 12, 20232 min read
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BoE set to raise rates 25bps to 4.5%, eyes on updated forecasts
Good morning The initial reaction from yesterdays US inflation data was for US Dollar weakness as the headline YoY number was lower than...
revansfx
May 11, 20233 min read
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GBP remains strong, markets await US CPI
Good morning GBP remains one of the better performing currencies, currently 1.2630 against USD and 1.1510 against EUR. In some crosses...
revansfx
May 10, 20232 min read
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GBP breaking higher against EUR
Good morning Welcome back after the long weekend. Friday seems a long time ago now but let’s start with the US nonfarm employment...
revansfx
May 9, 20234 min read
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EUR fails to benefit from rate rise
Good morning ECB did raise rates 25bps to 3.25% yesterday as widely expected. The statement was pretty hawkish I thought, with Lagarde...
revansfx
May 5, 20233 min read
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Fed raises rates 25bps, attention turns to ECB
Good morning Welcome to Star Wars day, May the 4th be with you....yes I know its childish but still puts a smile on my face! FOMC did...
revansfx
May 4, 20232 min read
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Markets await FOMC rate announcement
Good morning We have seen a bit of consolidation in some currencies over the past 24 hours as we await the FOMC rate decision. The main...
revansfx
May 3, 20233 min read
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RBA raise rates 25bps, AUD higher
Good morning Back to work after a long weekend and RBA have ‘surprised’ with a 25bps rate rise to 3.85% to combat inflation and labour...
revansfx
May 2, 20233 min read
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Yen weaker after Ueda's first BoJ meeting
Good morning Markets reasonably quiet with EURUSD and GBPUSD trading a tight range, GBP performing slightly better out of the two with...
revansfx
Apr 28, 20232 min read
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Ueda's first BoJ rate meeting due in the early hours of tomorrow morning
Good morning It was generally quiet yesterday, a bout of USD weakness yesterday afternoon offered some excitement but it was short-lived...
revansfx
Apr 27, 20233 min read
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ECB asking EU banks about interest rate hedges
Good morning All reasonably quiet in the currency markets, EURUSD and GBPUSD had dipped yesterday afternoon reaching 1.0965 and 1.2390...
revansfx
Apr 26, 20232 min read
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US dollar softer with Fed officials in blackout period
Good morning Every time I have written recently ‘EURUSD unable to break 1.10’, it has followed up later in the day with a move above 1.10....
revansfx
Apr 25, 20232 min read
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Lets not talk about football...
Good morning GBPUSD is at 1.2420 as S&P revised UKs ratings from negative to stable. They see the risks to the UK economy have reduced...
revansfx
Apr 24, 20232 min read
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Alarms to sound on Sunday
Good morning UK retail sales came in lower than expected this morning, blamed partly on poor weather. GBP lost a little ground across...
revansfx
Apr 21, 20232 min read
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GBP up after UK inflation numbers
Good morning Slight email issue this morning, I wondered why I’d not had many emails and now see loads on my phone that aren’t showing on...
revansfx
Apr 19, 20232 min read
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Apple offers savers 4.15% interest
Good morning As expected it was a reasonably quiet day in the currency markets yesterday, GBPUSD now pretty much unchanged from this time...
revansfx
Apr 18, 20233 min read
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