Daily FX Commentary

26 September 2016 - Brexit fears continue to weigh on a heavy Pound.

By Joshua Hughes
United States Dollar: Last week, the Fed maintained rates at 0.5%, leaving the probability of a hike in November at 19.3% (around the time of the Presidential election) and... read more

23 September 2016 - A quiet day to an uneventful week

By Senior Private Client Dealer
After a poor showing from the FED earlier this week the US Dollar needed something to help it gain, up stepped the unemployment claims. read more

22 September 2016 - FEDS policy decision disappoints but indicates we are close to a hike

By Senior Private Client Dealer
The long awaited FEDS policy announcement turned out to be a big disappointment, I’ve been saying all week this could be the case but markets were behaving in a way that something big may just happen. read more

21 September 2016 - Pound plummets on fresh Brexit concerns

By Senior Private Client Dealer
The U.S. Dollar was treading carefully yesterday, well apart from cable for reasons we will go onto. It appeared to be a case of sit and wait for tonight's proceedings. read more

20 September 2016 - Central Banks could heat up the markets

By Senior Private Client Dealer
Sentiment on the greenback remained fragile ahead of the Federal Reserve’s policy meeting this week. read more

19 September 2016 - Rate decision from the FED will be the main focus this week

By Senior Private Client Dealer
The US dollar rounded off last week on a relatively positive note. On what had been a pretty bad week filled with below par readings and dovish tones from the FED the greenback was on the back foot for most of it read more

16 September 2016 - Heavy data offers little Sterling volatility

By Corporate Dealer
Despite a data heavy Thursday, cable movement was fairly subdued. UK retail sales came in better than expected falling less than expected compared with June. The main news surrounding retails sales, which helped Sterling push a little higher on the releas read more

15 September 2016 - UK employment data supported Sterling

By Corporate Dealer
UK employment data saw a mixed bag of results. Average weekly earnings increased by 2.3 % including bonuses and 2.1 % not including bonuses compared to a year earlier. There were 31.77 million people in work, 559k more than a year before which saw the une read more

14 September 2016 - UK inflation figures rocks Sterling

By Corporate Dealer
It’s all change for Cable after yesterday’s session. UK inflation data kicked volatility off on Tuesday as August figures came in unexpectedly steady and was seen despite the big rise in the cost of importing raw materials after June Brexit vote. read more

13 September 2016 - Brainard remains dovish

By Corporate Dealer
Cable appreciated on Monday. This may come as a surprise that the move started around 10:30 am yesterday with very little data expected. The initial move took the currency pair from 1.3250 up to 1.3330 prior to the only noteworthy release for yesterday, F read more

12 September 2016 - FOMC members change the rate hike bets

By Corporate dealer
Sterling starts the week on the back foot against the US Dollar. Data on Friday was thin on the ground for this currency pair, but it turned out that the latter of the two expected data releases caused the Pound to lose ground. read more

09 September 2016 - Euro gains as ECB hold fire

By Corporate Dealer
James Mills United States ... read more

08 September 2016 - Sterling lower following fall UK Manufacturing

By Corporate Dealer
James Mills United States ... read more

07 September 2016 - USD falls as ISM Non-Manufacturing puts a further dent in Fed rate hike hopes

By Corporate Dealer
GBP has felt the benefit of a run of recent positive economic data. A mild sell bias in the dollar yesterday morning also supported GBP/USD in its gradual move higher read more

01 September 2016 - USD & EUR sell-off causes GBP to strengthen

By Senior Foreign Exchange Dealer
Andrew Atkins United Sta... read more

31 August 2016 - Post referendum surveys strengthen the GBP

By Senior Foreign Exchange Dealer
Andrew Atkins United Sta... read more

30 August 2016 - Eyes already focused on end of week data

By Senior Forex Dealer
Andrew AtkinsUnited Sta... read more

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