18th January 2023

Espresso Morning Call: JPY lower as BoJ keeps policy on hold

The Bank of Japan has chosen not to change its ultra-easy monetary policy stance, defying expectatio (...)

17th January 2023

Espresso Morning Call: Mixed moves but USD still weakening

After a quiet Monday due to the US public holiday, forex majors once more trade with a USD negative (...)

16th January 2023

Espresso Morning Call: A pause in the USD selling, for now

The USD corrective trend remains but is on pause early today. The Martin Luther King Jr public holid (...)

13th January 2023

Espresso Morning Call: USD sell-off continues after US CPI

A bruising sell-off continues on the USD as US CPI inflation trends lower. There is a degree of cons (...)

12th January 2023

Espresso Morning Call: USD claws back losses ahead of US CPI

The risk recovery has continued this week. However, all eyes will turn to the US CPI inflation today (...)

11th January 2023

Espresso Morning Call: Positive risk bias tries for breakout

With Fed Chair Powell tight-lipped on monetary policy yesterday, a slight positive bias is trying to (...)

10th January 2023

Espresso Morning Call: USD rebounds as focus turns to Powell

Two FOMC speakers with a slightly hawkish lean have supported the USD and weighed on indices. The fo (...)

9th January 2023

Espresso Morning Call: USD selling pressure mounts on Monday

The USD has fallen sharply since Nonfarm Payrolls and the ISM Services PMI dropped below 50. USD is (...)

6th January 2023

Espresso Morning Call: Mild USD gains into Nonfarm Payrolls

US labour market data has generated support for the USD in recent days. This bodes well for the gree (...)

5th January 2023

Espresso Morning Call: Caution forming ahead of US jobs data

The Fed minutes may not have done much to move markets but the tightness of the US labour market wil (...)

4th January 2023

Espresso Morning Call: USD drops as risk rebounds again

The USD has had a choppy start to the new year. Initial strengthening has given way to renewed corre (...)

3rd January 2023

Espresso Morning Call: USD surges as European traders return

After a quiet period over the holidays, European traders return to their desks with a surge of buyin (...)