Weekly Review There was a 'last week of vacation feel' about a large part of the week starting Monday 24 August. Throughout the week I was commenting how amongst the back and forth war headlines and generally low volatility, it just felt like there was always something on the horizon
Thursday 27 August: The week so far. Rightly or wrongly, it's been one of those weeks I haven't quite found a conviction in the direction of the currencies. Obviously the AUD is the week's stand out performer following hot inflation data. My issue has been that... A: Recently, I've
Weekly Review The USD is never too far from the centre of attention. But the spotlight shone even brighter than usual during the week starting Monday 17 August. Softening data and growing calls for a September pause, ensured the USD began the week on the back foot. Then Wednesday's surprise
USD vs CHF As the new week begins, as things stand, I think it'll be a battle between the USD and CHF as to which will be the weakest currency.
Weekly Review Only a few weeks ago, the USD was dominant. A lack of oil passing through the Hormuz strait, combined with hot data, high inflation and new fed chair WARSH insistent that the FED will do everything in it's power to lower inflation. All led to the market predicting
US RETAIL SALES DATA incoming. Recently, US DATA has edged towards the 'goldilocks scenario', pushing back the probability of a FED rate hike. I wonder if today's retail sales data will continue the trend.
