Tag: UK
Brexit Concerns still main driver for Sterling
“Mutual exasperation” needs to be overcome
Since June when it broke significant resistance against the dollar, the Euro has been on a singular path. Versus...
Sterling Fall Accelerating
Return of liquidity brings further selling
When traders get the view that there is absolutely no reason to buy a currency they tend to make...
Trump Bluster Does Nothing for Dollar
Rallying speeches mask lack of economic plan
President Donald Trump has, rather remarkably, embarked on a series of rallies in the south west of the...
Jackson Hole Unlikely to Bring Change
Rates on hold in G10
Mario Draghi is first up to justify the stance taken by the ECB as the Jackson Hole Central Bankers Symposium...
Dollar Buyers Worry over Trump
Perception winning out over data
The most recent economic data releases in the U.S. have been encouraging although inflation remains stubbornly absent from the economy...
ECB Minutes Bring Surprise Reaction
Draghi comments not taken at face value
It is difficult to imagine the recent comments of ECB President Mario Draghi being any clearer. He, and...
Fed Minutes Dampen Rate Hike Hopes
Concern over benign inflation outlook
The minutes of the FOMC meeting which was held in late July brought disappointment to traders who were hoping for...
Greenback Weakens on the Back of FOMC Meeting Minutes – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 17/08/2017
The US dollar gave up some of the gains on Wednesday following the release of the FOMC meeting minutes. The...
US Retail Sales Boost the Dollar, FOMC Minutes in Focus – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 16/08/2017
The monthly retail sales data released yesterday showed a better than expected headline print which helped to support the US...
Benign Inflation Hits U.S. Rate Hopes
Prices rise at just 0.1% in July
Inflation has been the only significant economic statistic that has reacted as expected to the three rate hikes...