Select Page


USD: Market’s last hurrah before Thanksgiving

The dollar took something of a pounding yesterday, weakening by roughly a third to half a cent against the pound, euro and yen as a range of data showed declining consumer confidence and a weakening housing market. The last data dump of the week before Thanksgiving...


read more

EUR: Ukraine news good news for euro

On a day devoid of virtually any new data, the euro strengthened against all but the pound yesterday following news of a breakthrough in US-led peace talks about Ukraine. ECB President Christine Lagarde will be speaking today and we have the GfK Consumer Confidence...


read more

GBP: Pound buoyant before Budget

It was a positive day for the pound yesterday, strengthening against all but the Australian dollar. Where it will be by this tomorrow is anyone’s guess, but on Friday we have house price and car production data.


read more

Budget day arrives

While the UK was in the continuing waiting game before today’s Budget, a bigger potential story was developing elsewhere, with claims of a breakthrough in peace talks between the US, Russia and Ukraine. The euro gained some 0.5% against the US dollar. It’s been a...


read more

USD: Packed schedule before blackout

The US dollar must negotiate a busy period ahead of Thanksgiving and the Federal Reserves pre-meeting blackout period. PPI and retail sales arrive as a double whammy this afternoon ahead of tomorrow’s durable goods report. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day...


read more