3rd May 2023

Traders move into haven assets as market fears rise again

With banking fears re-emerging and key risk events of the Fed and the ECB approaching, markets are l (...)

2nd May 2023

AUD jumps after a surprise RBA rate hike

Australian dollar pairs have been boosted following an unexpected 25 basis points increase in the ca (...)

28th April 2023

JPY plunges as Bank of Japan remains very dovish

The Bank of Japan has signalled that it is nowhere near ready to tighten monetary policy. The JPY is (...)

27th April 2023

USD continues to fall amid concerns about a US recession

Mounting signs of a US economic slowdown are weighing on the USD. With a first look at Q1 GDP today (...)

26th April 2023

US Big Tech earnings lift the mood as growth fears mount

Risk appetite has been lifted this morning as after-hours earnings from the US tech giants have impr (...)

25th April 2023

EUR strength amid talk of a 50 basis points ECB hike in May

With the ECB hawks arguing for a 50bps hike at next week’s ECB meeting, the performance of the EUR r (...)

24th April 2023

JPY support on negative risk bias despite dovish BoJ stance

New Bank of Japan Governor Ueda is set to maintain a dovish stance on monetary policy at his first m (...)

21st April 2023

Tesla and recession fears weigh on sentiment for equities

Tesla shares fell hard yesterday after Q1 results disappointed investors. This added to mounting fea (...)

20th April 2023

Focus on AUD and NZD after New Zealand inflation & RBA shift

The action in forex is all “down under” today with the NZD and AUD making moves. Weaker New Zealand (...)

19th April 2023

An inflation headache for the BoE gives GBP another lift

Headline UK CPI remaining above 10% will force the Bank of England to hike again in May. This is onc (...)

18th April 2023

GBP boosted by solid jobs market and strong wage growth

The continuation of a solid UK labour market with earnings growth higher than expected leaves anothe (...)

17th April 2023

USD fightback leaves a mixed outlook for major forex

Fed hawks arguing in favour of another 25bps hike is generating support for the USD. A light US cale (...)