Risk off endures and the greenback surges

Equities  While risk aversion if flooding back into the fray. The US morning sell-off in the tech sector triggered the equity rout. Given that Apple shares are so widely held, nothing good ever comes of a 5 % decline on Read More

US Dollar Flying High on Hawkish Fed Statement

The US dollar rose against most major pairs on Friday. Only the Japanese yen was able to gain against the mighty greenback. The FOMC statement eased concerns that the Fed would hint at a pause in its tightening of monetary Read More

The Fed affect 

The Fed affect  After the questionable USD flop following midterms, the “Dollar weakness” story is quickly running out of favour. The Greenback was showing some Moxy in the early NY session, which was then supported as US jobless claims for Read More

Live FX market analysis – 6 November 2018 (video)

It’s going to be another interesting week in FX markets, with the US midterms providing plenty of excitement early in the week. Senior Market Analyst Craig Erlam provides an update on the US ahead of the vote and discusses all Read More

Asia market update : Risk off

China Risk  USDCNY fixed at 6.9409 today, +52 pips from last fixing and +8 pips since the previous closing at 6.9401 on 16:30 Beijing time. A bit lower than markets expectations. But the jitters are evident as demand for font Read More

Live FX market analysis – 23 October 2018 (video)

With equity markets selling off, investors are wonder whether this is it. Has the bill finally come due? Has the gradual build up of risks finally taken its toll on investors? Or, as we’ve seen so often in the past, Read More