• Pound shrugs off softer data

  Most of the data out of the UK was disappointing, and yet, this wasn’t enough to prevent the Pound from trading up to an eight-month high against the Buck. This is a testament to just how much downside risk associated with disorderly Brexit had been priced into the Pound, with the currency still showing upside […]

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• UK data highlights Tuesday calendar

  We’re coming out of a slow Monday session and although we do see a pickup in activity on the Tuesday calendar, we’re not sure how much volatility we should expect, with so much event risk weighted in the days that follow. On Wednesday, we get the Fed decision. Audio update Technical highlights EURUSD Next big […]

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• Pound and Aussie on opposite ends

  It’s been a lazy Monday in the world of financial markets. Traders aren’t all that inclined to be doing much, after all the activity in the aftermath of last Friday’s surprisingly strong US jobs report, and ahead of all the risk this week, which includes central bank decision from the Fed and ECB, a UK […]

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• Quiet Monday, but busy week ahead

  Monday’s economic calendar is thin and we’ll likely see some consolidation in markets, as participants continue to digest Friday’s robust US jobs report numbers, while looking ahead to a busy week that includes Fed and ECB decisions, a UK election and speculation around the next move with respect to US tariffs on China. Audio update […]

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• US Jobs Report – What to Expect

  There is a little more nervous tension heading into today’s monthly employment report out of the US, this after an ADP read that produced a result that was less than half of the number expected earlier this week. Audio update

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• Take this latest news out of China with a grain of salt

  he US Dollar is down across the board as the week gets set to wind down. Stocks are also down on the week, but have managed to recover a good chunk of the setbacks. Looking at the calendar for the day, we get German industrial production, monthly employment reports out of Canada and the US, […]

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• A different look for the GBP

  It’s been full steam ahead for the Pound, which continues to outperform in the FX market, something it hadn’t been accustomed to doing for quite some time. Economic data out of the UK has been solid this week, but most of the momentum has been on expectations around the outlook for next week’s election, which […]

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• Currencies feeling the US trade policy squeeze

  The currency market has started to once again feel the impact of US trade policy, with the US administration’s soft Dollar protectionist agenda getting a lot of attention this week. Looking at performance over the past week into Thursday, currencies, along with GOLD, are up across the board against the Buck. Audio update Technical highlights […]

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• No one’s really worrying about economic data

  The market is going to be spending too much time reflecting on a round of services PMI data out of the UK and Europe and we don’t think there will be much time spent worrying about ADP employment and US ISM non-manufacturing. Wrap-Up Call

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• US Bill Passage Adds More Fuel to Trade Fire

  US equity futures have recovered out from the recent lows, though overall, risk appetite remains suppressed into Wednesday. News of the latest US bill passage that had overwhelming support is setting up more tension between the US and China. Audio update Technical highlights EURUSD Next big move seen higher, not lower GBPUSD Look for setbacks […]

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