May 2019

Dollar-Positive Sterling and Euro Moves Against Stagflation Fears

The U.S. dollar consolidates in a tight range after the latest FOMC/Fed decision and forward guidance, FX market traders turn their focus to the latest BoE rate setting decision.

Forex Trading and Miscellaneous, Market Commentaries

After whipsawing in a tight range versus several of its peers on Wednesday evening, during the period between the FOMC rate hold announcement and the conference held by Jerome Powell, the Fed chair, the U.S. dollar consolidated its position during the Sydney and Asian trading sessions. By 7:30am U.K. time on Thursday morning, the dollar […]

The U.S. dollar consolidates in a tight range after the latest FOMC/Fed decision and forward guidance, FX market traders turn their focus to the latest BoE rate setting decision. Read More »

US Dollar Falls as Pressure Mounting Ahead of US CPI Data

USA jobs data beats forecasts, whilst the ISM manufacturing metric disappoints, U.S. dollar rises after FOMC decision and Jerome Powell statement.

Forex Trading and Miscellaneous, Morning Roll Call

On Friday May 3rd, at 13:30pm U.K. time, the latest NFP jobs data will be published. In the same week as the NFP data is published, the latest ADP payrolls data is usually released on the preceding Wednesday. On Wednesday May 1st, the ADP data came in at 275k for April, ahead of the Reuters

USA jobs data beats forecasts, whilst the ISM manufacturing metric disappoints, U.S. dollar rises after FOMC decision and Jerome Powell statement. Read More »

Will the Bank of England alter its monetary policy stance, as it announces its latest interest rate decision?

Forex Trading and Miscellaneous, Market Commentaries

On Thursday May 2nd, at 12:00pm U.K. time, the MPC, Monetary Policy Committee of the U.K. central bank, the Bank of England, will announce its decision regarding the U.K. economy’s base interest rate. The rate is currently 0.75%, it’s risen twice since the BoE lowered the rate to a record low of 0.25% in June

Will the Bank of England alter its monetary policy stance, as it announces its latest interest rate decision? Read More »

Dollar index, DXY, rises as FOMC interest decision looms, NZD falls as employment and labour cost data disappoints.

Forex Trading and Miscellaneous, Market Commentaries

After experiencing several sessions of losses, USD registered marginal gains versus several peers, during the Asian and early part of the London-European sessions. At 7:45am U.K. time the DXY traded up 0.06%, rising further above the 97.00 handle at 97.53. USD/JPY traded up 0.12%, oscillating close to the daily pivot point, displaying a daily, price

Dollar index, DXY, rises as FOMC interest decision looms, NZD falls as employment and labour cost data disappoints. Read More »

Sterling spikes versus all its major peers, as rumours circulate that the U.K. parliament could reach a Brexit compromise, euro gains as promising economic data is published.

Forex Trading and Miscellaneous, Morning Roll Call

During the Easter holiday and the two week recess for U.K. parliament, the volume of sterling trading dropped significantly. As MPs trudged back to Westminster last week, currency pairs such as GBP/USD continued to trade in narrow ranges, as the lack of progress with regards to Brexit, gave no reason for large traders to alter

Sterling spikes versus all its major peers, as rumours circulate that the U.K. parliament could reach a Brexit compromise, euro gains as promising economic data is published. Read More »