Post date: 21/01/2019 09:00 The huge margin of the defeat suffered by Theresa May’s withdrawal agreement paradoxically boosted the Pound, which finished the week atop the G10 rankings. A string of weak economic data from China and the Eurozone was positive for the dollar, where the government shutdown means little macroeconomic news is being released.…
Post date: 14/01/2019 08:00 Neither the strong data out of the US nor the considerably weaker numbers out of the Eurozone were sufficient to pull the dollar out of its dive last week. The greenback fell against every other G10 currency. Top of the table were the commodity currencies, the Norwegian kroner and the Australian,…
Post date: 07/01/2019 11:00 The unusual stock market volatility over the holiday period did not carry over to currency market – with one glaring exception. On January 3rd, late in the London evening, lack of liquidity in Tokyo due to a holiday there helped the Yen rally massively in a matter of seconds against most…
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