• The Friday Forex Takeaway – Episode 20

    Key Points From This Week US Data Improves The US Dollar enjoyed a better week as a spate of stronger-than-expected data helped lift the greenback. The ISM manufacturing reading for January showed a firm rebound in the factory sector which improved to 50.9, moving back into expansionary territory for the first time in six months. […]

  • US & UK Inflation Weaker Than Expected

    US Inflation Rises Over 2019, Weaker Over December The US was treated to a rather mixed inflation report yesterday. The CPI figures for December came in with headline inflation rising 0.2% month on month. This reading was in line with expectations though marked a decline from the prior month’s 0.3% reading. Meanwhile, the core inflation […]

  • The Friday Forex Takeaway – Episode 16

    Key Points From This Week US – Iran Tensions Subside The week started off in bad shape with risk markets selling off as tensions between the US and Iran escalated. During speeches made during a day of mourning for slain Iranian general Soleimani, Iranian leaders vowed to take revenge on the US. Late on Tuesday […]

  • RBNZ Holds Rates But Still Room For Further Easing

    Rates Held At Record Lows With the RBNZ having unexpectedly cut rates by .50% at its last meeting, there was a lingering sense of caution coming into yesterday’s meeting. While the bank was not expected to cut rates again, there was certainly the sense that the market was not looking to be caught off guard […]

  • September BOE Meeting Preview

    Expectations For The September BOE Meeting The BOE, led by Governor Mark Carney, is due to make its last rate-setting decision today ahead of the October 31st Brexit deadline. Given the proximity of the deadline as well as the persistent uncertainty over the outcome, the consensus forecast is for the BOE to keep policy unchanged […]

  • September BOJ Meeting Preview

    Expectations For September BOJ Meeting Bank of Japan policymakers hold their September rate-setting meeting this week and expectations are divided regarding the likelihood of further easing. Meeting last in July, the BOJ said that should the global slowdown threaten the Japanese economy, it would act “without hesitation” to ease further. Speaking at the post-decision press […]

  • September FOMC Meeting Preview

    Expectations For The September FOMC Meeting September FOMC meeting today is expected to see the Fed reducing rates by a further 25 basis points. When the Fed last eased its headline policy rate in July, Powell noted that policymakers deemed the rate cut to be “Mid-cycle adjustment” and not the beginning of a length easing […]

  • EUR Bid Despite Fresh Wave of ECB Easing

    ECB opts For Range of Options It was a wild day for the Euro yesterday as traders reacted to the keenly anticipated September ECB meeting. In line with broad market expectations, the central bank announced a range of easing measures including a reduction in the deposit rate, the restarting of QE, the introduction of a […]

  • July ECB Minutes Boost September Easing Calls

    ECB Minutes Highlight Dovish Risks The release of the ECB July meeting minutes has increased expectations that the central bank will announce fresh easing measures when it meets next in September. The minutes revealed that policymakers’ discussions around the outlook for growth and inflation in the eurozone had become more pessimistic. Regarding growth, the minute […]