FX Daily

It has been a volatile 24 hours, with the aftermath of the ECB meeting turning into a USD rally which spread across the currency spectrum sending the USD Index back up to 95.00.The night before was...

Once again we come to the key data release in the US, which in the current climate sees focus on earnings growth as inflation finally starts to pick up. So far, higher inflation levels are somewhat...

Over the past week or so, the USD has been showing a little more resilience against the persistent selling, which in fairness seems to have little behind it as intra day traders push the greenback...

Over the past year or so, we have seen the EUR gaining from strength to strength, pushing hard against the USD which in the current climate seems to be getting little reprieve from the political...

Today's BoE meeting looks to be well covered, much in the same way as the FOMC last night, when the market reacted to the lack of clear direction for 4 hikes this year.For the UK, a May hike from the...

It is shaping up to be a potentially wild one tonight, and with the FOMC set to hike rates by 25bps, the focus has quickly shifted to the statement and dot plot which sees more market participants...

Over the past week, the argument that the tax reform aimed at corporates specifically could prompt a period of USD repatriation - much like an amnesty - has been growing in sentiment, and whether one...

All policy change effected in the year so far, so no more expected in the foreseeable future. Next move will be to signal an end to the APP program, which is set to run until Sep 2018 at a reduced...

There is little to add to the current narrative which is that the FOMC is expected to hike rates by 25bps this evening, lifting the Fed funds rate to 1.5%. Beyond this, the dot plot is also unlikely...

Looking ahead to the ECB announcement later today, we can expect a reduction in the APP from Eur60bln down to Eur30-40bln - the lower end of this scale looking the more likely and looks set to prove...

Ahead of the UK employment report, the obvious focus is on wage growth.The tightening labour market is already been established with the unemployment rate at a very healthy and comparable 4.3%, and...

The UK inflation data should be a concern for markets at the moment, as it puts the BoE in a difficult position, irrespective of their intentions to tighten policy in the 'coming months'. CPI has hard...

Looking ahead to the US data releases this afternoon, there are some common themes to pick on, with the CPI rate set to rise on the boost in gasoline prices. Shortages and disruption in agricultural...

Looking to the FOMC minutes tonight, much focus will be on the broader views on inflation, which has elevated itself to the top of the priority list now that the US is near full employment.Whilst the...

EUR gains should be limited from here as the market awaits the Catalan president Puigdemont's key address to regional Parliament tonight, which we believe will be at 6.00pmEuropean (Central) time. All...

The movement to oust PM May looks to have fizzled out as a number of current and ex-party members (not least of all Sir John Major) speak out in support.PM May will tell parliament that the government...