Alan Hill
Rate Hike Drives Sterling Lower
Carney remains cautious on Brexit
It was only to be expected in an environment where just about every piece of data pointed to no change...
Sterling higher on rate and Brexit Optimism
Hike now fully priced in
Tomorrow’s meeting of the Bank of England’s Monetary Policy Committee is in most trader’s
eyes certain to see a hike in...
Euro Steadies, Growth data expected
ECB reacting to patchy growth
There are rumours that a few members of the Governing Council of the European Central
Bank agree with Bundesbank President Jens...
Euro Dives on Dovish ECB
Cost of carry becoming a factor
The cost of being long of the common currency finally started to take effect last week as the prospect...
Dovish Draghi Pushes Euro Lower
Need for “an ample degree of monetary stimulus”
ECB President Mario Draghi stretched his credibility to the limit yesterday in a press conference which illustrated...
UK – Rate Hike Motive called into Question
Data makes hike “certain”
Traders reaction to the probability of a rate hike in the U.K. next week considers only the fact of whether the...
Trump Spat further harms Fiscal Reform
Dollar clinging to recent gains
The dollar is clinging on to recent gains buoyed by the hope that hawkish Stanford University Economist John Taylor will become...
Trump to Decide on Fed Chair
Dollar reacting to likely pick’s outlook
There are three likely candidates remaining to be Chairman of the Federal Reserve in February.
The current incumbent, Janet Yellen...
A Brexit Breakthrough?
More words camouflage lack of progress
It seems that both sides in the Brexit negotiation are becoming familiar with the bureaucratic notion of prevarication.
At the...
Hard Brexit Moves Ever Closer
May struggling to find common ground
Theresa May the British Prime Minister spoke to her (for now) fellow EU Heads of Government last evening in...