Daily Look

Yesterday’s session was rather like watching paint dry as volumes were thin due to Veteran’s Day in the US. Today will see activity pick up and with the focus on …

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We have seen fresh year highs on USDJPY at the start of the European session as the 115.59 level is broken, with 116.00 not far away. The pattern on the …

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The US employment report on Friday did not provide reason enough to drastically alter the tone to the dollar, but after the initial volatility the dollar weakened across the majors …

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Once again, the ECB instigated a decent amount of volatility into FX markets during their press conference, with the ECB President being more explicit (on behalf of the governing council) …

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Wednesday saw decent volatility in markets. Cable was 50% above the simple average daily range of the past month, with the range on EURUSD (just over 100 pips) bang on …

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The post-mortem of last night’s mid-term election was not all that difficult to interpret, as the GOP secured more than the required number of seats to obtain outright control of …

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The overnight session has seen USDJPY push higher through resistance above 114.00 and stocks have risen for the fifth consecutive session. The question is to what extent this is being …

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Financial markets are struggling to make any headway this morning, with participants reducing exposure to risk correlated assets on Mid-Term Election Day in the United States.  The prevailing sentiment is …

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No great surprise to see the RBA keep the cash rate steady overnight, but the Aussie managed a modest recovery as a result. As usual, the central bank still sees …

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The aftershocks from last Friday’s events are still reverberating through financial markets this morning, with the Japanese Yen in the spotlight after the Bank of Japan surprised participants with an …

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