Daily Look

The Aussie was looking decidedly weak yesterday, having been pushed lower by a combination of weak iron ore prices (down more than 6% in Sep) and softer domestic data. The …

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The past 24 hours have seen some key moves in FX, most notably on the yen which has weakened further and taken USDJPY above the 106 level and more decisively …

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The dollar rally that commenced in earnest just over two months ago seems to be gathering pace at the expense of many dollar denominated commodities such as gold and oil. …

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The pound has weakened significantly during the Asia session on the back of the latest polls suggesting that the upcoming referendum on Scottish independence could be won by those wanting …

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Yesterday was a turning point for the single currency, as the ECB finally showed that it was serious in tackling the risk of deflation in the eurozone. EURUSD saw its …

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All eyes of the ECB today and one can’t help thinking “we’ve been here before”. It seems that in the run up every ECB meeting in the past few years, …

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Sterling was swimming against the tide yesterday despite an attempt at making some modest gains early in the day yesterday following construction data that showed the sector was seeing its …

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The dollar is creeping higher once again this morning as it hit a new 12 month high overnight with the trend higher looking day by day to become more entrenched. …

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Ultimately, what FX markets need is policy divergence between central bank policies of different currencies. We’re not quite there yet, because most of the debate is surrounding QE (ending or …

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We come to the end of a week that has been mixed for the dollar overall, with loses vs. the CAD, JPY and Aussie, but gains against the euro, kiwi …

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