Last week there were some interesting movements in FX markets post economic data, especially after interest rate announcements which all came in unchanged as expected.
The week of 22nd-26th January 2024- Key interest rate decisions and an important US inflation gauge
Republican candidate Donald Trump hit the headlines last week, with an emphatic victory in the Iowa caucuses which turned out to be great news for the US$.
The week of 15th-19th January 2024- A busy week of inflation announcements.
The key driver for me in assessing FX markets at the moment is several Central Banks’ rhetorics in almost willing inflation to go down and creating narratives to support this,
The week of 8th-12th January 2024- A year of volatility ahead!
For anybody who looks at the global- macro picture to make informed trading decisions then you will be well aware that the key drivers in FX markets are interest rates
The week of 18th-22nd December 2023- After the week that was!
It’s rare to have four of the main central banks release interest rates in the same week, but last week we did, with the US, UK, Eurozone and Swiss, all
Gold reaches a historic peak as traders place bets on forthcoming interest rate reductions.
Gold’s value soared to a new high, driven by market anticipation of potential early interest rate reductions next year. The price of gold briefly surpassed $2,111 per ounce during trading
Inflation in the Eurozone reaches a 13-year high
The Eurozone’s inflation reached a 13-year high in October, creating more problems for the European Central Bank.
Spain’s BBVA opens Bitcoin trading service to clients in Switzerland
Spain’s BBVA (BBVA.MC) said on Friday said it was launching a bitcoin trading service for private banking clients in Switzerland interested in digital asset investment.
Ben Robson – The week of 23rd-27th March 2020- Daily distortions!
I have never been the greatest fan of high-frequency traders. They often state that they provide liquidity and stability to markets.
Ben Robson – The Week of 29th April- 3 rd May 2019
Bloomberg reports that hedge funds are accumulating large short positions in the CBOE Volatility Index or VIX at “rates not seen in at least 15 years!”