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Quiet calendar today, but a busy week ahead
Good morning  For this week, US data releases will be one hour earlier at 12.30 or 14.00 london time due to the clock changes.  In...
revansfx
Oct 28, 20243 min read
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Enjoy the relative calm, next week could be massive
Good morning  We had pretty tight ranges yesterday as the various PMIs came out broadly in line with expectations. EU were almost spot...
revansfx
Oct 25, 20243 min read
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BoC cuts 50bps as expected, PMIs form EU, UK and US in focus today
Good morning  BoC did indeed cut rates 50bps to 3.75% yesterday but CAD moves were somewhat muted. USDCAD ticked up to 1.3860 but...
revansfx
Oct 24, 20243 min read
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USD strength continues; BoC to cut rates 50bps today
Good morning  It was another quiet day in the currency markets yesterday, general USD strength was the main theme which saw GBPUSD trade...
revansfx
Oct 23, 20243 min read
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Currency markets calm, will any of today's central bank officials offer anything new?
Good morning  Currency markets have been reasonably stable, we did see a bit of USD strength yesterday afternoon which took GBPUSD to...
revansfx
Oct 22, 20242 min read
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Calm start to the week, central bank officials take up most of the calendar
Good morning  Welcome back, I hope you had a terrific weekend. Spurs managed to look good this weekend, Marks Leeds beat titles rivals...
revansfx
Oct 21, 20243 min read
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Stronger UK retail sales push GBP higher
Good morning  ECB did indeed cut rates 25bps yesterday to take rates to 3.25% in a unanimous move that had been widely expected. The...
revansfx
Oct 18, 20244 min read
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GBP remains under pressure, ECB to cut rates today
Good morning  GBP remains under pressure after yesterdays UK inflation numbers that surprised to the downside. GBPUSD did get back up...
revansfx
Oct 17, 20243 min read
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GBP lower following UK inflation numbers
Good morning  I’ll start with the big news. GBP has crumbled after the UK inflation release this morning as pretty much all CPI, PPI...
revansfx
Oct 16, 20242 min read
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GBP supported by UK employment data, EUR under pressure
Good morning  The lack of economic data and a partial US holiday served to keep currency markets in a tight range yesterday. At one...
revansfx
Oct 15, 20243 min read
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Another US inflation release above expectations while market looks for ECB rate cut this week
Good morning  US PPI on Friday came in above expectations, following Thursdays higher CPI inflation. A 50bps at the next Fed meeting...
revansfx
Oct 14, 20243 min read
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US inflation keeps USD supported
Good morning  Yesterday’s US CPI numbers came in a touch higher than expected, the headline at 2.4% and core up at 3.3%. This was...
revansfx
Oct 11, 20243 min read
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Markets quiet ahead of US CPI, might as well check out the cricket
Good morning  A lack of any important economic data yesterday meant we had, yet again, a pretty calm day in the currency markets. Once...
revansfx
Oct 10, 20243 min read
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RBNZ cuts 50bps with more expected in November, USD finds a bid ahead of tomorrows US CPI
Good morning  With no economic data on the calendar, yesterday was another calm day in the currency markets with most pairs stuck in...
revansfx
Oct 9, 20244 min read
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Volatility in China as markets reopen after Golden week
Good morning  It was, as I’d expected, a reasonably quiet day yesterday which saw little in the way of movement, save for GBP moving a...
revansfx
Oct 8, 20243 min read
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Bumper US jobs data suggests another 50bps Fed rate cut is off the table
Good morning  An incredibly strong nonfarm payroll headline from the US, together with a surprise reduction in the unemployment rate to...
revansfx
Oct 7, 20243 min read
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Market awaits US nonfarms, watching for any Israeli action against Iran
Good morning  GBP continued to struggle yesterday, with GBPUSD reaching a low just below 1.3100 briefly after better than expected US...
revansfx
Oct 4, 20243 min read
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Bailey rate cut comments sends GBP lower
Good morning  A calmer day in the markets yesterday, for most of the time GBPUSD was in a 1.3270-1.3295 range, we did dip down to 1.3245...
revansfx
Oct 3, 20243 min read
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Iranian missile attack on Israel unsettles markets
Good morning  USD pushed higher through the day yesterday, GBPUSD reached 1.3250 after the London close, while EURUSD slipped to...
revansfx
Oct 2, 20242 min read
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Rates, inflation and employment all in focus
Good morning  Welcome to October, and with it the 4th quarter of 2024.  We saw a little USD strength after a very slightly better...
revansfx
Oct 1, 20244 min read
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