The Bank of England meeting is not expected to bring any major changes in policy. This also means a hawkish turn from rate-setters may be avoided for now as the Covid-19 uncertainty lingers. However, some BoE hawks have recently been …
With the Tokyo Olympics coming to end this week, we have not seen any major virus-related issues. Instead, the performance of the Japanese yen has recently been driven by the Chinese regulatory clampdown and record low real rates in the …
Sterling has enjoyed a good couple of weeks rising eight sessions in the past nine. While the safe haven currencies are the top performing majors on the month, the pound is next best and has confounded the sceptics as the …
A mixed bag of data has just been released across the pond, but the dollar selling has continued today after the FOMC tip-toed around taper talk. Hawks are talking up Jackson Hole and more detail while more cautious watchers still …
GBP is the best performing major currency this week as the “English Experiment” confounds the doomsday sceptics who have been anticipating more Covid waves and potentially more lockdowns. Sterling is also slightly detached from the current global risk dynamics with …
The swissie’s safe haven status has seen it top the list of major currencies this month. During this time, EUR/CHF suffered its biggest sell-off in over three years a few weeks ago and the pair has been trapped in bearish …
We highlighted AUD/NZD the week before last and how it was pulling back from a breakdown. Hot Kiwi inflation figures had just been released and it’s the turn of its antipodean brother this week. Wednesday’s data sees analysts forecasting headline …
The ECB’s much-hyped summer rendez-vous has passed with the Governing Council changing its forward guidance due to the new strategy. The bank is becoming even more dovish with interest rates remaining low for even longer as the bar to hiking …
The improved risk tone through this week has seen JPY give back some ground, though it is still vying with CHF as the best performing major this month. Was the swoon in risk markets merely a blip or something more …
Monday’s risk rout saw the commodity currencies get pummelled earlier this week, but they are endeavouring to claw back their losses. The Aussie has been the worst hit major, falling on the week and also on the month and is …
