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Markets nervous ahead of US inflation next week
Good morning The US dollar was under pressure yesterday afternoon with GBPUSD and EURUSD trading up to 1.2195 and 1.0790 respectively...
revansfx
Feb 10, 20232 min read
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US dollar fails to gain from hawkish comments
Good morning Another pretty unremarkable day in the currency markets yesterday, the host of Fed speakers said nothing new so we know...
revansfx
Feb 9, 20232 min read
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Feds Powell talks of possible higher peak in rates
Good morning Powell remains reasonably hawkish, talking of strong job market numbers and the need for more rate rises with perhaps a...
revansfx
Feb 8, 20232 min read
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Focus on central bank speakers today
Good morning We awake to a slightly stronger US dollar which has taken GBPUSD below 1.2000 for the first time in almost exactly one month....
revansfx
Feb 7, 20232 min read
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End of year message from RAM
At the end of last year I remember saying I was glad to be getting 2021 out of the way and looked forward to 2022. We were coming out of...
revansfx
Dec 23, 20223 min read
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GBP under pressure across the board
Good morning A quick look at GBPUSD and EURUSD sees them at 1.2145 and 1.0655 respectively, once again pretty close to levels at this...
revansfx
Dec 22, 20223 min read
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Just four sleeps to go......
Good morning We are edging close to Christmas and the markets seem to be going into holiday mode, however the week still has some decent...
revansfx
Dec 21, 20222 min read
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Yen on the move as BoJ take markets by surprise
Good morning Well so much for quiet pre-Christmas markets. We saw GBPUSD trade up to 1.2220, then drop to 1.2085 early this morning,...
revansfx
Dec 20, 20222 min read
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Fantastic final match caps one of the best World Cup tournaments
Good morning Well the world cup final surpassed all expectations, Argentina winning on penalties after an exciting match which had a bit...
revansfx
Dec 19, 20223 min read
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BoE and ECB raise rates 50bps, EUR up, GBP down
Good morning BoE and ECB both raised rates 50bps yesterday to 2% as expected but it was ECB that was the more hawkish of the two, with...
revansfx
Dec 16, 20223 min read
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Fed raise 50bps, now eyes on BoE and ECB
Good morning The Fed did indeed raise rates by 50bps as widely expected and signalled there is more to come, with a median rate on the...
revansfx
Dec 15, 20223 min read
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Softer USD follows lower than expected US inflation
Good morning Yesterday I had warned that weaker US data would lead to a sell-off in the US dollar. Well yesterday US CPI came out softer...
revansfx
Dec 14, 20223 min read
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US inflation numbers today kick off a few days of possible market turmoil
Good morning After a fairly quiet start to the week with little in the way of economic data or central bank speakers, today marks the...
revansfx
Dec 13, 20223 min read
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Calm before the storm....
Good morning All fairly quiet this morning other than a bit of GBP movement after GDP numbers that came is surprisingly strong, although...
revansfx
Dec 12, 20222 min read
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USD softer as risk sentiment improves
Good morning Its another cold one and despite my best efforts I have been forced to turn the heating on. Well, in truth its been on for...
revansfx
Dec 9, 20222 min read
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BoC suprise with 50bps rise but signal cycle coming to an end
Good morning For the first time for many months I saw a minus temperature when I was out yesterday evening. I don’t know how cold it got...
revansfx
Dec 8, 20222 min read
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BoC likely to raise rates 25bps, possibly pause after
Good morning I was out for much of the day yesterday but it doesn’t look as though I missed much. US dollar is a little higher this...
revansfx
Dec 7, 20222 min read
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RBA lift rates 25bps as they continue to fight inflation
Good morning The market is still looking closely at US data releases and anything that looks strong seems to push USD higher. Yesterday...
revansfx
Dec 6, 20222 min read
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US dollar fails to hold post-nonfarm gains
Good morning The US dollar pushed higher initially after a stronger than expected nonfarm payroll headline Friday which came in at +263k...
revansfx
Dec 5, 20222 min read
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Will US employment data send USD lower still?
Good morning US dollar was under continued pressure yesterday as a weaker than expected data drives the market to look for slower rate...
revansfx
Dec 2, 20223 min read
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