Strong retail sales drive pound
Good morning,
Today is a very thin day with data, as the week finishes off with a busy day yesterday.
We saw the pound piggybacking off some positive reta... Read More >
Daily update
Daily Update
Global recession looming?
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Yesterday’s key movement was driven around the macro fears bleeding around the globe.
The US yield curve inverted for the first time since t... Read More >
One down, two to go
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As I mentioned in yesterday’s daily update, Tuesday saw the release of the first of 3 key data releases from the United Kingdom at 9.30am, the ... Read More >
Italian election fears offer a brief sterling rebound
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The pound recovered some of it catastrophic Asian session losses yesterday against the Euro, not through any handiwork of its own, but by incre... Read More >
New week, new lows
Good morning,
In what seems to be a never-ending sense of déjà vu, GBP once again posted new lows against both the USD and EUR.
Upon the opening of the As... Read More >
No respite for the pound
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Yesterday provided the most obvious example of just how frustrating it is to analyse and understand how the pound trades; an extended rebound w... Read More >
More fronts open in the global trade war
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Admittedly, the majority of the articles that I have produced recently have focused on the rapid deterioration of the pound in the face of cont... Read More >
Central Bank dominos
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The pound continues to rattle between relatively tight trading zones against both the EUR and USD, as a lack of any negative Brexit headlines t... Read More >
A dovish US again?
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Yesterday, the market digested the back and forth between China and the US in the developing trade war, with remarks from the West on the yuan ... Read More >
Trade conflict escalates
Good morning,
We start off the week shifting focus from the Central Bank and back onto the trade dispute.
Following last week's tariff threats from Trump ... Read More >