Post date: 26/11/2018 08:00 Financial markets worldwide continued to sell off during the US Thanksgiving holiday. In the absence of any major monetary or economic news, currency markets took their cue from other risk assets and reacted according to script. Commodity currencies like the Australian and New Zealand dollars and the Norwegian Krona suffered the…
Post date: 19/11/2018 09:00 Sterling ended a week of extreme volatility sinking against every major currency worldwide. Hopes ran high early in the week as rumours swirl that a draft deal with the EU was imminent. However, once the deal was made public the furious reaction on the part of the Eurosceptic wing of the…
Post date: 12/11/2018 08:00 The Dollar rose towards fresh highs against its major peers late last week, as a hawkish Federal Reserve and fall in equity markets overshadowed doubts over President Trump’s ability to force through additional fiscal stimulus following the US midterm elections. There were no real surprises whatsoever in last week’s US congressional…
Post date: 05/11/2018 09:00 Global equities and credit instruments rallied hard last week. The rise in investor sentiment was capped Friday by indications that a trade deal between China and the US was not far off. Currency markets reacted by sending the dollar down against all G10 currencies except the traditional risk havens: the Japanese…
