Independent coverage of UK markets, FCA policy and institutional trading
The USD/CAD pair enters a bullish consolidation phase near a two-week high, touched during the Asian session on Tuesday, and currently trades around 1.4120. The fundamental backdrop supports prospects…
The Australian Dollar trades just beneath 0.7000 on Monday, up around 0.1%, having covered less than 30 pips between its session high and its session low. For the better part of a fortnight the market…
July 27, 2026, 9:40 PM EDT. The U.S. dollar touched a one-month peak as investors weighed the likelihood of a Federal Reserve rate hike, even as softer inflation worries followed lower oil prices. The…
NZD/USD trades near the 0.5790 area on Monday, struggling to extend its recovery despite modest weakness in the US Dollar (USD). The New Zealand Dollar (NZD) receives some support from the sharp decli…
Brown Brothers Harriman’s (BBH) Elias Haddad notes that USD/SGD is consolidating around 1.2900 after pulling back from near 1.3000, as the Monetary Authority of Singapore (MAS) unexpectedly tightened …
Jay Clayton, often in circuitous fashion, avoided saying Joe Biden won 2020 race against Donald Trump during his US Senate confirmation hearing.
The Japanese Yen trades a little firmer on Monday, with USD/JPY down 0.05% and sitting short of 164.00 after last week's high stalled a hundredth of a Yen beneath the figure. Markets have spent a fort…
Brown Brothers Harriman’s (BBH) Elias Haddad reports that the Indonesian Rupiah (IDR) and Jakarta equities underperformed after Bank Indonesia Governor Perry Warjiyo unexpectedly resigned two years be…
On Monday, US President Donald Trump grabbed the headlines as investors awaited monetary policy meetings by three of the eight major central banks, led by the Federal Reserve, the Bank of England, and…
MUFG’s Lloyd Chan notes that the Monetary Authority of Singapore (MAS) delivered a second consecutive tightening by slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER…
On Monday, late in the North American session, US President Donald Trump stated that there was a good inflation report recently, adding that costs were falling rapidly and that prices should drop sign…
Commerzbank’s Charlie Lay notes Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate…
BNP Paribas strategists see Japan’s Gross Domestic Product (GDP) growth slowing to 0.8% in 2026 from 1.1% in 2025 as higher inflation and energy-related costs weigh on activity, partly offset by fisca…
Silver (XAG/USD) reverses part of its earlier gains on Monday as the US Dollar (USD) rebounds after opening the week with a bearish gap following a temporary pause in attacks between the United States…
The Pound Sterling retreats by 0.13% even though the Greenback is flat during the day. Risk appetite shifted sour on news that a Chinese state-backed company is producing chipmaking machines, promptin…
EUR/USD trades lower near the 1.1370 area on Monday, surrendering earlier gains as investors remain cautious ahead of key Eurozone growth figures and the Federal Reserve’s (Fed) monetary policy decisi…
Geoff Yu at BNY sees Latin American (LatAm) assets benefiting again from improved terms of trade for energy and soft commodity exporters, with strong real-rate anchors supporting currencies and durati…
USD/CHF climbs to fresh highs since June 2025 on Monday after Bloomberg reported that the Swiss National Bank (SNB) could keep its policy rate at zero until the end of 2027. The SNB later declined to …
Commerzbank’s Dr. Jörg Krämer argues that high energy prices will continue to weigh on the German economy in the second half of 2026, limiting full-year growth to 0.6%. He notes that the strong Ifo bu…
The EUR/JPY holds firm around 163.70 on Monday as the Japanese Yen strengthens, with investors cautious about opening fresh hawkish bets amid fears of intervention in the foreign exchange market.
The US Dollar (USD) traded mostly unchanged on Monday as a temporary pause in hostilities between the United States and Iran reduces demand for safe-haven assets. The US Dollar Index (DXY) traded lowe…
West Texas Intermediate (WTI) US Oil extends its decline on Monday, trading around $82.60 per barrel at the time of writing, down 7.4% on the day. Crude Oil opened the week with a sharp bearish gap af…
The Dow Jones Industrial Average (DJIA) trades near 52,200, up around 250 points, on Monday after a session that handed it the month's cleanest bullish catalyst and then took most of it back. The peac…
ING’s James Smith expects the Bank of England to keep rates on hold on 30 July and sees a prolonged pause extending through 2026. New forecasts are likely to show UK inflation peaking near 3%, below t…