Analysis

FX market outlook

Posted on Tuesday, March 26 2019 at 9:48 am GMT+0000

Sterling steady as May loses control of Brexit process; dollar weighed by falling US yields – Pound holds steady as British MPs prepare to vote on alternative Brexit plans – Dollar struggles following yield curve inversion – Equities breathe sigh of relief as US yields edge up Pound hovers around $1.32 as Brexit drama continues […]

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FX market outlook

Posted on Friday, March 22 2019 at 9:38 am GMT+0000

Dollar roars back; euro crumbles on soft PMIs – Dollar recoups Fed losses as other currencies soften – Stocks climb as reports reignite trade hopes – Pound trims losses as EU offers short extension – Euro plunges as Germany’s manufacturing PMI signals more pain ahead Dollar roars back, recoups Fed losses The US dollar staged […]

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FX market outlook

Posted on Thursday, March 21 2019 at 9:28 am GMT+0000

Dollar reels as Fed abandons hikes; BoE decides – Fed ‘dot plot’ shows no hikes in 2019, dollar crumbles – Sterling nosedives as May requests short extension; BoE meeting and EU summit today – SNB remains on hold, reiterates readiness to intervene in FX  Dollar plunges as Fed abandons rate hike plans – easing bets […]

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FX market outlook

Posted on Tuesday, March 19 2019 at 9:36 am GMT+0000

Long Brexit extension looms; dollar retreats as Fed casts shadow Pound drops as Brexit angst deepens, but prospect of long extension offers ray of hope Growing Fed rate cut expectations support risky assets, weigh on dollar Crude oil continues to march higher UK House speaker vetoes third Brexit vote – long extension in scope UK […]

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FX market outlook

Posted on Monday, March 18 2019 at 9:45 am GMT+0000

Dollar softens as Fed meeting looms; stocks climb US stocks rally to six-month highs but perhaps on option expiries – implying some cause for caution Dollar retreats in a quiet session; looks to Fed meeting on Wednesday Sterling catches its breath ahead of decisive week US equities cruise to six-month highs on ‘quad witching’ In […]

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FX market outlook

Posted on Friday, March 15 2019 at 9:44 am GMT+0000

UK to seek Brexit delay but pound down as third meaningful vote looms Sterling retreats lower despite Parliament voting to extend Article 50 as investors eye EU summit and third meaningful vote next week Risk sentiment boosted by “substantive progress” in US-China trade talks but disappointment that there will be no March summit Gold back […]

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FX market outlook

Posted on Thursday, March 14 2019 at 10:08 am GMT+0000

Sterling soars after Parliament rejects no-deal Brexit; Trump trade comments weigh on sentiment Pound continues rollercoaster ride amid more Brexit twists and turns at Westminster; MPs look set to vote in favour of delaying Brexit Chinese industrial production falls to 17-year low, dampening market sentiment President Trump says he is “in no rush” to complete trade […]

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FX market outlook

Posted on Wednesday, March 13 2019 at 10:14 am GMT+0000

Pound swings wildly on May’s Brexit defeat; more votes to come Pound edges up, recovering from earlier sharp losses, as UK Parliament expected to vote against no-deal Brexit May’s yet another historic defeat leads equities into risk-off mood; global growth concerns and Boeing slump also weigh Aussie slips on weak consumer confidence Sterling likely to […]

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FX market outlook

Posted on Tuesday, March 12 2019 at 9:35 am GMT+0000

Pound extends rally on revised Brexit deal but Parliament backing unclear Pound extends yesterday’s surge as May secures ‘legally binding’ changes to Brexit deal All eyes now on British Parliament amid doubts whether EU’s legal assurances will be enough   Equities rally and yen retreats as risk appetite improves and on hopes of more stimulus […]

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FX market outlook

Posted on Friday, March 8 2019 at 9:55 am GMT+0000

Draghi torpedoes euro; US payrolls coming up US nonfarm payrolls report dominates the agenda today ECB pushes back rate hike timing, announces new loans; euro crumbles Stocks continue to retreat, yen advances as risk appetite deteriorates Nonfarm payrolls in the limelight The spotlight will be on the US employment report for February today. Forecasts are […]

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