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No great surprises from UK inflation this morning, focus now on FOMC
Good morning  US retail sales yesterday looked good, the headline coming in above expectations although taking vehicles out of the...
revansfx
Dec 18, 20244 min read
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Decent UK employment data keeps GBP supported
Good morning  It wasn’t exactly the busiest day in the currency markets yesterday, a bit of GBP upside was the main theme of the day...
revansfx
Dec 17, 20243 min read
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No winding down just yet, a busy week of data releases ahead
Good morning  After the disappointing UK data Friday morning sent GBP lower, the rest of the day was actually pretty quiet. GBPUSD...
revansfx
Dec 16, 20243 min read
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GBP loses ground after weak GDP, industrial production numbers
Good morning  Higher US PPI yesterday was offset in part by a worse than expected initial claims reading which led to a bit of confusion...
revansfx
Dec 13, 20243 min read
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ECB, SNB to cut rates today, question is by how much?
Good morning  US inflation came out bang in line with expectations yesterday which initially sent USD a touch lower but it wasn’t long...
revansfx
Dec 12, 20243 min read
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Focus on US CPI today, EUR struggling amid political turmoil
Good morning  Quiet day yesterday, USD up a bit, GBPUSD traded down to 1.2725 and EURUSD hit 1.0500, while USDJPY traded up through...
revansfx
Dec 11, 20243 min read
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AUD lower after less hawkish RBA, very limited calendar today
Good morning  It was a quiet day yesterday, GBPUSD traded a range of 1.2770 to 1.2790, while EURUSD was mostly between 1.0560 and...
revansfx
Dec 10, 20243 min read
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USD ends the week lower despite reasonable nonfarm headline
Good morning  I hope you had a good weekend and were not too badly affected by the storms. We got away with it although I have to say I...
revansfx
Dec 9, 20244 min read
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Markets wait for US nonfarms for clues as to FOMC cuts later this month
Good morning  USD continues to show signs of weakness as it has done for much of the week already, albeit gradually. This time it was...
revansfx
Dec 6, 20243 min read
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What a 'wicked' evening
Good morning  Weaker US ADP numbers and a revision lower to the previous months reading, as well as a weaker ISM services PMI number,...
revansfx
Dec 5, 20243 min read
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Markets lacking any clear direction
Good morning  GBP was reasonably stable yesterday, GBPUSD traded in a 50 pip range between 1.2640 and 1.2690 for much of the day while...
revansfx
Dec 4, 20243 min read
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USD mixed ahead of key week for US employment data
Good morning  A good day for the US dollar yesterday, pushing higher against both GBP and USD. It was all pretty stable through the...
revansfx
Dec 3, 20243 min read
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USD begins December on a firmer footing after Trump comments
Good morning Welcome to December.  The US dollar ended the week, and indeed the month, on a softer note with GBPUSD and EURUSD trading...
revansfx
Dec 2, 20243 min read
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USD lower into month end, Yen makes gains
Good morning  Yesterday was pretty quiet although perhaps not as quiet as we’d expected. USD saw further weakening, with GBPUSD trading...
revansfx
Nov 29, 20243 min read
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USD a touch lower into Thanksgiving
Good morning  Both US GDP and Core PCE came in at 2.8% yesterday as had been expected. There is a risk that Q4 PCE will be higher than...
revansfx
Nov 28, 20243 min read
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Israel-Hezbollah peace deal brings some calm, lower oil prices ahead of US holidays
Good morning  More of the same yesterday, a bit of a US dollar move, this time sending USD lower,  which took GBPUSD up gradually from...
revansfx
Nov 27, 20243 min read
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Trump tariff talk sends USD higher, CAD and MXN main losers
Good morning  It was a quiet day yesterday as we’d expected, with both a lack of economic data releases and the US Thanksgiving holiday...
revansfx
Nov 26, 20243 min read
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Slow start to Thanksgiving week
Good morning  Friday was another day of US dollar strength, a combination of risk-off for European countries over Ukraine and also...
revansfx
Nov 25, 20242 min read
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EUR lower after disappointing PMI data, USD on a high
Good morning  A late flurry of USD buying yesterday sent GBPUSD to six month lows and EURUSD to one year lows of 1.2575 and 1.0460...
revansfx
Nov 22, 20243 min read
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Yen up as BoJs Ueda hints at a Dec rate rise
Good morning  It was another pretty quiet one in the FX world yesterday, US dollar was a touch higher but it was really a bit of EUR...
revansfx
Nov 21, 20243 min read
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