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BoE help GBP, but can it last?
Good morning GBP survives another day, with some help from BoE who committed to unlimited bond buying in an effort to ensure an orderly...
revansfx
Sep 29, 20223 min read
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IMF criticism adds to GBP woes
Good morning GBP struggles to make any headway, GBPUSD down at 1.0650 although looking at other currencies it is probably fair to put...
revansfx
Sep 28, 20223 min read
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Some calm returns but GBP remains vulnerable
Good morning After a volatile day yesterday GBP does seem to have settled down a little for the time being. GBPUSD found a bit of...
revansfx
Sep 27, 20223 min read
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GBP slides further
Good morning Or is it? Kwanteng’s mini-budget last week was supposed to make us all feel better off but I can assure you that the...
revansfx
Sep 26, 20223 min read
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Japan intervenes in USDJPY, GBP down despite rate rise
Good morning Well the excitement of yesterday came in the form of BoJ who stepped in to officially intervene in the currency markets to...
revansfx
Sep 23, 20223 min read
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USD up post-FOMC, GBP vulnerable
Good morning So not a surprise that the Fed raised rates 75bps, taking it to 3.25%, the highest level in 15 years. To be honest I had...
revansfx
Sep 22, 20222 min read
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Putin escalates, FOMC to raise rates
Good morning Two key items in the headlines today. Fed rate announcement and Ukraine. I’ll start with Ukraine as Putin signals a change...
revansfx
Sep 21, 20222 min read
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Central banks take centre stage
Good morning We return from the long weekend to see USD still supported if slightly off its recent highs. Overnight Asian markets were...
revansfx
Sep 20, 20223 min read
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Fed to raise 75 or 100bps next week?
Good morning The dollar continues to trade on a firm footing in relatively light trading overnight as calls for a full 1% rate rise from...
revansfx
Sep 15, 20222 min read
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USD sharply higher after US inflation data
Good morning Well once again any signs of USD weakness didn’t last long after US inflation numbers came out stronger than expected,...
revansfx
Sep 14, 20223 min read
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Sentiment up, USD remains soft ahead of US inflation numbers today
Good morning After a reasonably quiet Asian session, majors hold gains against USD ahead of todays inflation numbers from the US. A lot...
revansfx
Sep 13, 20222 min read
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USD lower ahead of US inflation tomorrow
Good morning We have a weaker US dollar this morning. A WSJ article suggests inflation is showing signs of easing, while Yellen has...
revansfx
Sep 12, 20223 min read
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A sad day, but plenty of happy memories
Good morning Of course I will start by mentioning the Queen. I am certainly not against the royal family, more ‘for’ than ‘against’...
revansfx
Sep 9, 20223 min read
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EUR up against GBP ahead of key ECB interest rate announcement
Good morning It has been a horrendous time for GBP. Yesterday we saw GBPUSD trade below the March 2020 lows to reach 1.1405, the lowest...
revansfx
Sep 8, 20223 min read
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USD weakness didn't last long
Good morning Well that bout of US dollar weakness didn’t last long. Pretty much twelve hours to be more precise. Before midday...
revansfx
Sep 7, 20223 min read
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GBP up as Truss becomes PM
Good morning A rare sight this morning as we turn on the screens to find GBP a bit higher! GBPUSD has been to 1.1600, not exactly heady...
revansfx
Sep 6, 20222 min read
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GBP slump continues as UK prepares for new PM
Good morning Headline US nonfarm payroll number came in at +315k, just above estimates, although the unemployment rate was a touch higher...
revansfx
Sep 5, 20222 min read
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USD rally on hold ahead of nonfarm payrolls
Good morning Well we’ve made it to Friday and the US dollar has paused its rally as we await the key US employment data. A headline in...
revansfx
Sep 2, 20223 min read
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USD continues to climb
Good morning We start September with a stronger US dollar. Every Fed official who speaks seems to offer the same message, that the Fed...
revansfx
Sep 1, 20222 min read
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Doom and gloom hits GBP
Good morning US dollar continues to remain firm, GBPUSD traded down to 1.1625 yesterday afternoon and although it is now off those lows...
revansfx
Aug 31, 20222 min read
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