Tag: daily macro commentary
Nowotny Stirs the Pot!
Rate hike talk suggests rift
It is hard to imagine why Ewald Nowotny, the Governor of the Austrian Central Bank and Member of the ECB...
Sterling Continues to Defy Gravity
One Swallow, it seems, does make a summer
Can’t buy the euro, can’t buy the dollar either, bought the Yen and got burned, may as...
Sterling Glow Beginning to Fade
Pound beginning to feel the heat.
Despite its rally on Friday, Sterling is starting to come under pressure as its three pillars of support begin...
Don’t get too Comfortable.
Ranges tested on a “stop hunt”
It seems that provision of ample liquidity and narrowing spreads are not enough for certain market participants and they...
Ranges narrowing, Looking for drivers.
Monetary policy remains prime driver.
The Pound, Euro and Dollar are unable to break out of their current narrow ranges as the market concentrates on...
Wake me on Friday!
Rarely Predictable market lacking drivers.
One of the major characteristics of the FX market is its unpredictability often based upon the level of liquidity. Over...
Central Banks Hold Sway
Central Banks hold sway
Low volatility gives them time.
Since the financial crisis, Central Banks, particularly in the G7 had taken a back seat allowing their...
Markets in Holiday Mode
Opportunity to reflect on Q2 drivers
The timing of the Easter holiday to coincide with the end of Q1 has provided a little breathing space...
Sterling Facing Defining Quarter
Post referendum recovery to be tested
I find it hard to get excited about the pound and consider a lot of the headlines to be...
What’s another Ten Billion?
ECB finds more bad loans
One of the major issues to be faced by the ECB once the whole QE and monetary policy saga unwinds...
