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USD remains firm, NASA remains grounded
Good morning It was a slightly lacklustre day yesterday, USD had a little spell of weakness in the afternoon with GBPUSD reaching 1.1740...
revansfx
Aug 30, 20222 min read
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Powell sends USD up, NASA sends SLS up
Good morning Yes I know it’s a bank holiday but I thought a few words about Powell’s Jackson Hole speech was warranted given the market...
revansfx
Aug 29, 20223 min read
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All eyes on Jackson Hole. And Reading.
Good morning Jackson Hole symposium begins today and the dollar has been sold off a little ahead of the gathering, with EURUSD now just...
revansfx
Aug 25, 20222 min read
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USD lower on weak PMI but still sees support ahead of Jackson Hole
Good morning Some shine was taken off the US dollar yesterday when a disappointing S&P services PMI release highlighted some weakness in...
revansfx
Aug 24, 20222 min read
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USD rally continues ahead of Jackson Hole
Good morning The dollar marches on, with EURUSD trading down to almost 0.9900 and GBPUSD slipping to 1.1720, although the latter has...
revansfx
Aug 23, 20223 min read
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Back from holiday to find lower GBP, higher USD
Well I’ve made it back after a couple of weeks holiday, had a wonderful time and although its great to be back, I’m already looking...
revansfx
Aug 22, 20223 min read
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BoE raises rates 50bps but warns of recession
Good morning Apologies for the late report this morning. VirginMedia fully to blame, when I first logged I had no internet and quick...
revansfx
Aug 5, 20222 min read
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BoE to raise rates 25bps or 50bps?
Good morning US dollar remains firm as Fed officials continue to offer the same message, namely that the markets were a bit too premature...
revansfx
Aug 4, 20222 min read
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Fed officials continue to follow hawkish line
Good morning Risk sentiment took a battering yesterday, equities dropped and USD rallied as Pelosi visited Taiwan, a move China called...
revansfx
Aug 3, 20222 min read
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Possible Taiwan visit upsets markets
Good morning Talk is that Pelosi will visit Taiwan today and meet with Taiwans President Wednesday, despite China’s warnings or serious...
revansfx
Aug 2, 20222 min read
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RBA to raise rates again, but will it support AUD
Good morning Well I should start with a massive congratulations to the England ladies football team who brought home the Euro 2022 trophy...
revansfx
Aug 1, 20223 min read
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Further USD weakness overnight
Good morning Weaker than expected EU confidence numbers yesterday morning sent EURUSD lower from 1.0220 to 1.0115. GBPUSD was dragged...
revansfx
Jul 29, 20223 min read
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Fed raise rates 75bps but dovish comments send USD lower
Good morning We had to wait until after the London close for the excitement, which came in the form of the FOMC. They raised rates 75bps...
revansfx
Jul 28, 20222 min read
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Market awaits FOMC rate decision
Good morning Overall yesterday was another quiet day, with one exception. The Euro fell sharply, initially it looked as though it was...
revansfx
Jul 27, 20223 min read
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Calm before the storm?
Good morning It was a pretty quiet start to the week, US dollar moved a touch lower, allowing EURUSD to trade up to 1.0255 and GBPUSD to...
revansfx
Jul 26, 20223 min read
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ECB rate rise of 50bps fails to support EUR
Good morning ECB raised rates 50bps yesterday to take rates away from negative for the first time since 2014. EURUDS bounced from 1.0190...
revansfx
Jul 22, 20223 min read
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Eyes on ECB meeting, 25 or 50bps rise?
Good morning The market continues to struggle to find direction, we had some US dollar weakness yesterday but then we saw a sharp turn as...
revansfx
Jul 21, 20223 min read
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Back to a bit of normality after the heatwave
Good morning It’s a little cooler this morning after some quite incredible temperatures yesterday. I’d looked at our grass in the day...
revansfx
Jul 20, 20223 min read
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EUR climbs on ECB rate expectations
Good morning Equity markets had something of a positive day yesterday, well they did until Apple announced a slow-down in hiring which...
revansfx
Jul 19, 20222 min read
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Brace yourselves, its going to be hot......
Good morning It’s a light calendar today which is probably just as well given the fact the country, or at least the south, will most...
revansfx
Jul 18, 20222 min read
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