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Powell sends USD lower
Good morning Welcome to December. A bit of a rollercoaster day for USD yesterday which saw it push higher through the afternoon as risk...
revansfx
Dec 1, 20223 min read
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Market waits for US GDP and Powell
Good morning GBP has shown signs of weakness with GBPUSD testing down at 1.1940 a couple of times over the past couple of days. So far...
revansfx
Nov 30, 20223 min read
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Did we really go to the moon in 1969?
Good morning USD had a burst of strength yesterday afternoon which sent GBPUSD down to 1.1940 and EURUSD to 1.0330. Some rather hawkish...
revansfx
Nov 29, 20223 min read
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China Covid protests shake markets
Good morning More protests were seen across China over lockdowns as Covid case there continue to climb. Many protestors were calling on...
revansfx
Nov 28, 20223 min read
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My son makes it to Qatar with seconds to spare
Good morning Thanksgiving yesterday and markets were pretty quiet as you’d expect, GBP made good ground with GBPUSD reaching 1.2150 and...
revansfx
Nov 25, 20223 min read
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What happened to the quiet markets?
Well it was all going fairly quietly this week as I’d expected, US dollar a little soft, GBPUSD trundling along just below 1.1900 and...
revansfx
Nov 24, 20222 min read
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NZD up as RBNZ raise rates, now see peak at 5.5%
Good morning Well quite a shock in the world cup yesterday as Saudi Arabia came from behind to beat Argentina with a spirited performance....
revansfx
Nov 23, 20222 min read
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Quiet markets, might as well watch some football
Good morning I’ll start by offering my congratulations to the England team for a solid win against Iran yesterday. OK, so Iran may not...
revansfx
Nov 22, 20222 min read
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Not the time to wind-down just yet
Good morning We have been getting some mixed messages from Fed officials for the first time in a while, with Collins saying 75bps in Dec...
revansfx
Nov 21, 20223 min read
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Looking forward to Qatar 2022
Good morning Chancellor Hunt laid out tax rises and spending cuts in his autumn statement yesterday. He pointed out that since the...
revansfx
Nov 18, 20223 min read
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UK Chancellor takes centre stage with autumn statement
Good morning US retail sales came out stronger than expected yesterday which sent USD marching higher. Those gains had been mostly...
revansfx
Nov 17, 20222 min read
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Missiles land in Poland as NASA shoots rocket to the moon
Good morning The US dollar weakened on the release of the US PPI data yesterday which had come out weaker than expected. GBPUSD traded...
revansfx
Nov 16, 20222 min read
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US spy chief meets Russian counterpart
Good morning US dollar weakness continues despite comments from Fed Brainard yesterday suggesting the Fed has done a lot, but still has a...
revansfx
Nov 15, 20222 min read
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Attention on Biden/Xi meeting this morning
Good morning A great weekend, spent partly watching sports but mostly enjoying, and subsequently recovering from, my esteemed colleague...
revansfx
Nov 14, 20223 min read
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Weak than expected US inflation drives USD lower
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 11, 20224 min read
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Waiting for US elections and US inflation
Good morning It was a reasonably quiet day in the currency markets yesterday, the US dollar failed to reverse recent losses which meant...
revansfx
Nov 8, 20222 min read
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USD weaker on dovish comments from Fed officials
Good morning US nonfarm payrolls were the trigger for more volatility Friday. The headlines was stronger than expected at +261k, with...
revansfx
Nov 7, 20223 min read
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BoE send GBP lower despite 75bps rate rise
Good morning So FOMC raise rates 75bps and USD marches higher. BoE raise rates 75bps and GBP take a tumble. Other than the rate rise,...
revansfx
Nov 4, 20222 min read
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US rate rises may slow but will go higher for longer
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, 20222 min read
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Markets await FOMC, looks for clues on size of future rate moves
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 2, 20223 min read
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