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US inflation above 9%, 1% rate rise on the table
Good morning US inflation didn’t quite reach the 10.2% level that the fake news story suggested, but at 9.1% it still came in higher than...
revansfx
Jul 14, 20223 min read
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Will US inflation send EURUSD below parity?
Good morning UK GDP this morning rose by more than expected in May, coming in at 0.5% from an expected 0.1%. Industrial production...
revansfx
Jul 13, 20223 min read
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Europe waits to see if Russia cut off gas supplies
Good morning Another set of strong US employment numbers Friday actually seemed to bring some calm over the markets, the headline of...
revansfx
Jul 11, 20223 min read
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Euro weakness puts EURUSD close to parity
Good morning So Boris Johnson resigns and will leave in the Autumn when his successor is found. That task is already underway, Ben...
revansfx
Jul 8, 20223 min read
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Should he stay or should he go now......?
Good morning How can Boris Johnson survive this? More MP’s resign this morning, taking the total to well over 50. Even those who...
revansfx
Jul 7, 20223 min read
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USD move opens up EURUSD parity talk again
Good morning What a day! I remember an old saying that I used to hear doing the rounds in dealing rooms many years ago, ‘buy dollars,...
revansfx
Jul 6, 20223 min read
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US dollar pushing higher once again
Good morning Yesterday saw a little positivity creep into the markets, FTSE 100 leading the way with a near 1% rise and most Asian...
revansfx
Jul 5, 20223 min read
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US out for Independence Day, RBA set to raise rates
Good morning Well it’s a US holiday today, Independence Day, which does generally mean less activity later in the day. It doesn’t feel...
revansfx
Jul 4, 20223 min read
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GBPUSD near recent lows as Q2 draws to an end
Good morning The US dollar resumed its march higher yesterday with GBP, EUR and JPY all weakening against for now, the unstoppable dollar....
revansfx
Jun 30, 20222 min read
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Stronger dollar sends GBPUSD lower
Good morning USD pushed higher yesterday as risk sentiment waned once again, this time a lower than expected US consumer confidence...
revansfx
Jun 29, 20222 min read
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Currencies stuck in a range....for now....
Good morning Another reasonably quiet day in the world of currencies, and the overnight session was equally lacking in excitement. ...
revansfx
Jun 28, 20223 min read
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High prices here to stay?
Good morning US stocks ended the week on a high, S&P was up over 3% as some US data came out weaker than expected, raising some doubt as...
revansfx
Jun 27, 20223 min read
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A football team with 15 substitutes?
Good morning UK retail sales this morning showed a fall of 0.5% in May, a little less than expected although the previous month reading...
revansfx
Jun 24, 20223 min read
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GBP vulnerable as focus on Fed, ECB rate rises
Good morning Feds Powell made it clear that more rate rises are appropriate, noting that inflation in the US is more about demand than in...
revansfx
Jun 23, 20222 min read
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US dollar higher ahead of Powell's testimony, UK inflation remains buoyant
Good morning Another quiet day in the world of currencies yesterday although lower risk sentiment overnight has seen US dollar push...
revansfx
Jun 22, 20222 min read
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Calm day for currencies yesterday, more of the same today?
Good morning A fairly quiet day in the FX markets yesterday, for the most part GBPUSD traded a 50 pip range and EURUSD an even tighter 30...
revansfx
Jun 21, 20222 min read
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Central bankers remain centre stage after hawkish moves last week
Good morning Thursday seems like a long time ago. The last message I sent reported a move in GBP after the BoE rate announcement, but...
revansfx
Jun 20, 20223 min read
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Fed raises 75bps, SNB surprises with 50bps raise, BoE up next
Good morning FOMC raise rates 75bps to 1.75%, the largest single increase since Nov 1994, and signalled another 75bps could be on the...
revansfx
Jun 16, 20223 min read
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Ad-hoc ECB meeting today helps EUR
Good morning US dollar continued to push higher yesterday, GBP was by far the biggest loser, trading down to below 1.2000 to 1.1935 at...
revansfx
Jun 15, 20222 min read
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US dollar rallies as markets look for Fed to raise rates 75bps tomorrow
Good morning The US dollar was stronger yet again yesterday as the market continues to look at the potential for more aggressive rate...
revansfx
Jun 14, 20223 min read
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