Weekly updates

FX Weekly Update – April 15th, 2024
Happy Patriots Day if you up here in New England. Highlights: Dollar outperforms as strong US inflation report delays expected timing of Fed cuts. Middle...
FX Weekly Update – April 8th, 2024
Another blowout jobs report out of the US put to rest any lingering doubts about the strength of the labour market there. With net new...
FX Weekly Update – February 5th, 2024
The dominant theme in currency markets in 2024 has been US economic strength, which is forcing markets to push back the timing of Federal Reserve...
FX Weekly Update – January 29th, 2024
In spite of the ECB meeting and a flurry of economic activity data, the volatility in the FX market was relatively muted last week, with...
FX Weekly Update – January 22nd, 2024
It has been the view for some time now that traders were getting ahead of themselves pricing in central bank cuts generally, and particularly so...
FX Weekly Update – January 16th, 2024
Nearly all of the major ones ended the week within 0.5% of where they had started, an unusual level of quiescence. The hotter-than-expected consumer inflation...
FX Weekly Update – January 8th, 2024
The furious bond rally in the last few weeks in 2023 has stopped in its tracks and reversed, as markets pare back expectations of Federal...
FX Weekly Update – December 18th, 2023
The rollercoaster called foreign exchange earned its reputation last week. The Fed, ECB, and BoE left their rates unchanged, but each had a dovish statement....
FX Weekly Update – December 11th, 2023
The U.S. economy added 199K non-farm jobs last month and the unemployment rate fell to 3.7%. Interest rates stopped their slide and firmed up after...