Morning Report: 07.00 London The dollar continues to hover at the highs this morning. This 15 week high comes despite stock markets peeling off the highs and a massive day tomorrow. Wednesday brings both Non Farm Payrolls and the latest FOMC meeting. Dollar pairs are mixed, with the AUD/USD lifting off the highs. By contrast, […]
Morning Report: 07.00 London This morning, the US dollar remains at the highs as US tech earnings continue to impress. US advanced GDP also came in above estimates on Friday. Dollar pair earnings are mixed this morning though, with gains for the EUR/USD and GBP/USD, but losses for the AUD/USD. The pound is steady this […]
Morning Report: 07.00 London This morning, euro remains under pressure following yesterday’s downbeat ECB meeting. Markets are re-assessing prospects for the euro after Mario Draghi pointed to the slowdown in Q1, questioning whether it was temporary or permanent. The EUR/USD is unchanged today after hefty selling yesterday, the EUR/JPY is following a similar track. The […]
Morning Report: 07.00 London This morning, the dollar index is slightly on the back foot, following further gains yesterday. Nevertheless, the dollar remains near three month highs as tech giants such as Facebook impress with their earnings. The EUR/USD continues to lag ahead of today’s ECB meeting. No change is expected, but long term forward […]
Morning Report: 07.00 London This morning, the US Dollar index continues to rise, fuelled by worries over US earnings and soaring treasury yields. Dollar pairs are on the back foot once again, with the AUD/USD leading the fallers. The Aussie is now down 1.2% on the week, breaking the 0.7600 level. The EUR/USD and GBP/USD […]
Morning Report: 07.00 London This morning, the US dollar index is pausing after extending it’s impressive bull run yesterday. US treasury yields approached 3% as earnings from tech giants continued to impress. The dollar pairs are recovering, with small gains this morning following another day of losses. The GBP/USD made it five straight days of […]
Morning Report: 07.00 London This morning, world markets have a positive bias on expectations of a positive resolution to North Korea talks and the China trade dispute. The US dollar index initially gapped higher at the open, but has since slipped back to unchanged levels. The AUD/USD is leading the charge, recovering from the opening […]
Morning Report: 07.00 London This morning, the British pound is falling further following yesterday’s comments from BOE chairman Mark Carney. A May rate hike now seems increasingly unlikely and the GBP/USD has rapidly erased seven days worth of gains in just three days. In addition, the ‘beast from the East’ storm appears to have had […]
Morning Report: 07.00 London This morning, the British pound remains under pressure, following two days of heavy selling. Pound bulls came in for a shock yesterday as UK inflation data came in well below estimates. CPI, RPI, PPI and HPI all came in below estimates, putting paid to previous expectations for an early Bank of […]
Morning Report: 07.00 London This morning, the US dollar has continued to recover, adding to yesterday’s gains. The gains come following strong US data yesterday, with manufacturing sales, housing starts and industrial production coming in above expectations. The dollar pairs have been on the back foot, though are making small gains this morning. The pound […]
Morning Report: 07.00 London This morning, the British pound remains firm, with the GBP/USD climbing to its highest level since the shock of Brexit saw levels plunge. Hopes of a strong transition deal and upbeat expectations for UK average earnings and unemployment claims have helped the pound to push higher. The GBP/JPY has continued to […]
Morning Report: 07.00 London This morning, the euro remains under pressure following yesterday’s sharp sell-off. The minutes from the last ECB minute showed a complete lack of any hawkish sentiment that many hope for and expected. The EUR/USD erased all of yesterday’s gains and most of Wednesday’s advances. Meanwhile, the EUR/GBP plunged to its lowest […]
Morning Report: 07.00 London This morning, the US dollar and Japanese yen are on the rise as Syria tensions mount. With Trump threatening military action, stock markets continue to sell-off, while currency market reaction has remain relatively muted. The dollar and yen sold off again yesterday (mainly on the back of poor US CPI), but […]
Morning Report: 07.00 London This morning, the US dollar is slightly higher, but the damage from yesterday’s selling was significant. Dollar pairs have taken advantage of weakness, making big moves as risk-on trading takes hold. The biggest movement came on the USD/CAD which plunged in the favour of the Canadian dollar as oil prices hit […]
Morning Report: 07.00 London This morning, the US dollar is unchanged after another weak session on Monday. This weakness came about in large part due to the uncertainty sparked by the FBIs raids on the office of Trump’s lawyer and confidant Michael Cohen. The AUD/USD and NZD/USD are higher again on hopes of a bullish […]
Morning Report: 07.00 London This morning, the US dollar is falling off again, on the back of mixed US payroll data on Friday. Average earnings held firm while jobs and unemployment disappointed. This and ongoing uncertainty surrounding trade tariffs has heaped further trouble on the dollar. Dollar pairs are mixed this morning, as the EUR/USD […]
Morning Report: 07.00 London This morning, the US Dollar is holding firm despite an apparent escalation of tariff threats from both sides of Pacific. Traders are more focussed on the positive potential for today’s Non Farm Payrolls data. Dollar pairs have a negative bias, with the likes of the GBP/USD and EUR/USD selling off again. […]
Morning Report: 07.00 London While stock markets have experienced volatility of late, in part due to trade tariff fears, currencies have taken more of a wait and see approach. The dollar appears to be rewarding the patience this morning as it makes gains on reports that the White House will be more flexible than previously […]
Morning Report: 07.00 London This morning, the US dollar remains weak as the Trump administration revealed trade tariffs that are wider ranging than previously thought. Market reaction has been relatively muted, but the underlying trend remains pressure on the dollar. The AUD/USD continues to lift off the 2018 lows, with two days of solid gains. […]
Morning Report: 07.00 London The US dollar index remains on the back foot this morning as tech stocks continue their sell off. Amazon in particular has been hit hard, with founder Jeff Bezos losing hundreds of billions since Trump took aim via his Twitter account. The dollar pairs have a positive bias, with the AUD/USD […]
Morning Report: 07.00 London This morning, global risk appetite has dampened after US tech stocks sold off further last night. The yen is in demand, pushing the USD/JPY lower after yesterday’s solid gains. Other yen pairs are following suit, with the EUR/JPY and GBP/JPY slipping lower. The AUD/JPY appears to be bouncing around the lows. […]
Morning Report: 07.00 London The dollar index is unchanged this morning and holding yesterday’s gains which came amid news of a confirmed meeting between Trump and North Korea. While the dollar gained, stock markets sold off once more as tech stocks lost favour. The Aussie is making small gains after yesterday’s slump that saw it […]
Morning Report: 07.00 London This morning, the US dollar has steadied after further losses yesterday. Stock markets have lifted off recent lows as traders embrace risk on hopes for a US-Chinese trade agreement. The dollar pairs are on the back foot, with selling led by the AUD/USD and NZD/USD. The EUR/USD and GBP/USD are steady, […]
Morning Report: 07.00 London This morning, the Japanese yen continues to flirt with 17 months highs as it continues as the currency of choice amid the trade war turbulence. The USD/JPY is unchanged after consistent losses last week. Other yen pairs have lifted slightly higher, with the AUD/JPY lead up, up 0.50%. The AUD/USD has […]
Morning Report: 07.00 London This morning, global markets are on the back foot as money flows into safe havens. Asian markets have been spooked by Trump’s tariff plans amid further political uncertainty as Trump names the new National Security Advisor. The yen is in demand, with the USD/JPY hitting its lowest level since 2016. Away […]
Morning Report: 07.00 London This morning, the US dollar index remains weak, following yesterday’s slump sparked by the Fed. Jay Powell’s first FOMC meeting produced projections which point to a worrying lack of growth in 2019. This provides a real stick in the eye to Trump’s growth plans. The dollar pairs are mixed this morning […]
Morning Report: 07.00 London This morning, the dollar index softer this morning as markets eye today’s FOMC meeting where traders are widely expecting the Fed to increase rates to 1.75%, their highest levels since September 2008. This follows a day of dollar strength and general dollar pair weakness. The dollar’s weakness is helping key dollar […]
Morning Report: 07.00 London This morning, the British pound remains strong after apparent key Brexit breakthroughs yesterday. The EUR/GBP plunged at one point, eventually closing lower but above the extremes of the day. The GBP/USD and GBP/JPY rose sharply yesterday, with additional small gains this morning. The euro itself took a back seat yesterday but […]
Morning Report: 07.00 London This morning, the US dollar is extending its recent winning run, enjoying its strongest weekly streak in five months. This comes despite US political uncertainty, with investors choosing to focus on the potentially hawkish new fed chair Jay Powell. The AUD/USD remains under severe pressure, extending recent losses after hefty selling […]
Morning Report: 07.00 London This morning, the US dollar is on the retreat after an Empire State inspired surge yesterday. The dollar index hit a weekly high yesterday, but already half of those gains have been lost this morning as traders fret over US political uncertainty this morning. The dollar pairs are mirroring these moves […]
