On Sep 21 the Fed hiked by 75 bps to 3.00-3.25% and Jerome Powell delivered a significant hawkish message expanding the terminal rate to 4.6% for 2023, up from 3.8%…
On Sep 22 the BoE meets and will decide on how to best proceed with monetary policy. The BoE, like other central banks, is having to rapidly hike rates as…
The USDJPY has been continually pushing higher as the market prices in aggressive Fed policy action. As long as the US keeps rising interest rates the USDJPY can keep moving…
The CHF has reasons for strength. The SNB has dropped its ‘highly valued’ label from the CHF from its June meeting. The returning appeal of traditional safe havens suit flows…
The EUR still has some continued reasons for weakness as it increasingly looks like heading into a recession as PMIs on July 22 showed a steep drop below the market’s…
The EUR still has some continued reasons for weakness against the GBP. However, since last week’s heavy falls a retracement entry would be preferred. The EU is sending increasing signs…
Why the sharp fall this week? Gold has been touted as an inflation hedge and as a stagflationary play which are two major influences in markets. So, if you just…
The EUR has some new reasons for weakness after the last batch of PMI data points released on the 23rd of June. The German June PMI flash readings came in…
The case for being bold on China has been around for some time. However, it is interesting to note the reasons a Chinese fund manager has for turning bullish on…
The UK economy is facing a cost of living crisis as higher taxation, higher goods prices, and the prospect of rising energy bills in the Autumn is weighing heavily on…