Daily Look

FX markets have fallen into what can only be described as a year-end slumber, with ranges having narrowed substantially vs. the recent norm. This remains true, although slightly less so …

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The dollar stands near the highs for the year as we enter what will be a shortened trading week. It’s the euro, yen and also Swiss franc that have suffered …

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GBP/USD fell on Monday from a high of around 1.5740 to test support at 1.56 by late afternoon. The only noteworthy data release was a better than expected industrial production …

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We reach the last day of the last full trading week of 2014. Yesterday was all about equities and the reversal of some of the recent losses in the wake …

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EURUSD Daily Pivots R3 1.2657 R2 1.2586 R1 1.2463 Pivot 1.2391 S1 1.2269 S2 1.2196 S3 1.2074   EURUSD failed to break above the resistance of 1.257 levels and promptly …

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In 564 words, the US Federal Reserve yesterday told us that policy may rise next year, but it may not. The pre-meeting speculation centred around their stated intention to keep …

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The last full trading week of the month is proving to be nothing if not action packed. Yesterday, it was all about the rouble. Russia’s currency was essentially out of …

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There has been little in the way of reprieve from volatility in financial markets recently, with the oil rout incentivizing a fresh wave of risk aversion that has sent global …

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EURUSD Daily Pivots R3 1.2535 R2 1.2506 R1 1.2471 Pivot 1.2442 S1 1.2407 S2 1.2378 S3 1.2343   EURUSD was trading within a range after making an intraday high to …

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Last night, the Russian central bank removed any doubt that Russia is currently facing a currency crisis. Having hiked rates by 100bp last week, the central bank put rates up …

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