Morning Roll Call

The U.S. dollar recorded gains versus the majority of its peers during the trading sessions on Thursday as FX analysts and traders balanced their positions, based on the FOMC rate hold announcement, disclosed on Wednesday evening. The Fed chair Jerome Powell’s subsequent forward guidance, contained in the press conference he subsequently held, also concentrated minds. […]

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

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

The U.S. dollar index, DXY, gave up position from its recent two year high, during Monday’s trading sessions. At 20:15pm U.K. time, the index of a basket of USD peers traded at 97.85, down -0.16%, having threatened to breach the 99.00 handle, during the previous week’s trading sessions. At 20:50pm USD/JPY traded close to flat,

The week’s significant economic calendar events begins on Monday April 29th, with a speech delivered by the Bank of England Governor Mark Carney, at 9:10am U.K. time in London. He’ll most likely cover the fact that U.K. GDP is holding up well, combined with the majority of key economic metrics printing positive figures, despite the

Markets for equities in the USA experienced unusual price action, during Thursday’s New York session, as price action for the: DJIA, SPX and NASDAQ whipsawed in wide ranges, oscillating between bullish and bearish sentiment, as earnings for various corporations and data, missed forecasts. The major market surprise concerned the earnings of Tesla, whose share price

The Aussie dollar immediately slumped versus the U.S. dollar, during Wednesday’s Sydney-Asian trading session. The CPI reading (year on year) up to March came in at 1.3%, falling from 1.8%, dampening any expectation that the RBA central bank would be raising the interest rates, during  the short to medium term, in 2019. AUD/USD slumped during

At 20:20pm U.K. time on Tuesday April 23rd, the U.S. dollar index, DXY, traded at 97.62, up 0.34% on the day, reaching a high not seen since June 2017, as USD has experienced a surge over recent trading sessions. The U.S. dollar experienced significant gains versus the majority of its peers, during the day’s trading

USD endured mixed trading fortunes during Monday’s trading sessions, during a day when several FX trading centres were closed, for the extended Easter, bank holiday, trading period. At 19:45pm on Monday April 22nd, the dollar index traded down -0.10% at 97.28, whilst USD also slipped versus the euro; EUR/USD traded up 0.12%, USD/CHF up 0.12%,

The trading week begins slowly during the late evening of Sunday April 21st, due to the long Easter weekend and the associated bank holiday days; on the previous Friday and Monday April 22nd. Consequently, the trading volume and liquidity was below the averages on Friday April 19th, across many markets, particularly FX and equity market