Analysis

FX market outlook

Posted on Tuesday, January 22 2019 at 10:19 am GMT+0000

IMF adds more clouds to global outlook IMF downgrades growth forecasts; stocks feel the pinch May keeps “no-deal Brexit” scenario alive Oil reverses lower amid signs of slowing global economy Risk appetite stays bearish amid heating global growth fears Stocks in Asia had another weak session on Tuesday as pessimism about global growth kept funds […]

Continue Reading

FX market outlook

Posted on Monday, January 21 2019 at 9:37 am GMT+0000

Stocks extend trade gains; Brexit saga continues Reports China is willing to buy more US goods keep risk appetite buoyed Euro/dollar eyes keep support area, looks to Thursday’s ECB meeting Today, focus turns back to the UK; PM May presents her alternative Brexit plan Fresh trade headlines propel stocks even higher, yen retreats US equity […]

Continue Reading

FX market outlook

Posted on Friday, January 18 2019 at 9:49 am GMT+0000

Trade hopes lift markets; pound cruises higher Stocks advance, safe-havens tumble on reports US could roll back China tariffs In the UK, sterling surged without Brexit news; sentiment improving Today, Canadian inflation figures and Fed speakers may steal the show Stocks jump, yen softens on reports US may lift China tariffs Risk sentiment firmed during […]

Continue Reading

FX market outlook

Posted on Thursday, January 17 2019 at 9:40 am GMT+0000

Pound yawns as May survives; risk appetite shaky Theresa May survives the no-confidence vote, but sterling barely advances News the US will pursue a criminal case against Huawei are hurting sentiment Dollar extends gains versus euro as ECB officials sing a dovish tune May survives no-confidence vote, but sterling yawns Theresa May’s government survived the […]

Continue Reading

FX market outlook

Posted on Wednesday, January 16 2019 at 9:47 am GMT+0000

May suffers Brexit defeat, can she survive no-confidence vote? Sterling recovers despite May’s Brexit defeat; no-confidence vote due today Euro inches down as ECB’s Draghi adopts an increasingly cautious bias Risk appetite stays firm; NAHB housing index today may be crucial Pound rebounds even as May suffers major defeat; no-confidence vote called British lawmakers overwhelmingly […]

Continue Reading

FX market outlook

Posted on Tuesday, January 15 2019 at 9:57 am GMT+0000

UK Parliament holds “meaningful vote” British lawmakers will vote on the Brexit deal today; outcome crucial for sterling In the broader market, risk aversion is abating as China outlined plans for fresh stimulus Some remarks by ECB President Draghi may also attract attention Sterling turns its sights to the long-awaited parliamentary vote The spotlight will […]

Continue Reading

FX market outlook

Posted on Monday, January 14 2019 at 9:50 am GMT+0000

Sterling climbs on hints of Brexit extension Sterling spikes higher, looks to parliamentary vote on Brexit deal tomorrow Risk aversion returns after Chinese trade data disappoint Euro inches lower as ECB officials strike a more concerned tone Pound outperforms on reports of Article 50 delay The British pound advanced against all its major peers on […]

Continue Reading

FX market outlook

Posted on Friday, January 11 2019 at 10:09 am GMT+0000

US inflation data in the spotlight Dollar briefly inches up after Powell; US CPI data today will be crucial Swiss franc drops, with SNB likely behind the move US-China trade optimism boosts aussie and kiwi Brexit uncertainty lingers ahead of next week’s vote Powell briefly helps dollar to rebound, but mind the upcoming inflation data […]

Continue Reading

FX market outlook

Posted on Thursday, January 10 2019 at 10:17 am GMT+0000

Dollar capitulates as Fed signals “patient” approach The dollar fell sharply after Fed signaled it will be “patient”; a slew of key speakers will be in focus today The euro advanced; attention now turns to the ECB minutes today at 1230 GMT BoC stood pat, keeping further gradual hikes on the table China stokes trade […]

Continue Reading