Good morning   A very warm welcome to 2025, indeed this morning is a touch warmer than many we’ve had since the turn of the year, the...

Good morning   Three of the nine BoE officials voted to cut rates yesterday, not enough to win so rates are held at 4.75%, but enough to...

Good morning   The Fed did indeed cut rates 25bps to 4.5% as widely expected but the US dollar did push higher and US equities slumped as...

Good morning   US retail sales yesterday looked good, the headline coming in above expectations although taking vehicles out of the...

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...

Good morning   After the disappointing UK data Friday morning sent GBP lower, the rest of the day was actually pretty quiet.  GBPUSD...

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...

Good morning   US inflation came out bang in line with expectations yesterday which initially sent USD a touch lower but it wasn’t long...

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...

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...

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...

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...

Good morning   Weaker US ADP numbers and a revision lower to the previous months reading, as well as a weaker ISM services PMI number,...

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...

Good morning   A good day for the US dollar yesterday, pushing higher against both GBP and USD.  It was all pretty stable through the...

Good morning Welcome to December.    The US dollar ended the week, and indeed the month, on a softer note with GBPUSD and EURUSD trading...

Good morning   Yesterday was pretty quiet although perhaps not as quiet as we’d expected.  USD saw further weakening, with GBPUSD trading...

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...

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...

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...