Comments from the Fed Chairman saying it was changing its approach to rates from “patient” to “as appropriate” saw US$ sell off to a 7 week low. Recession concerns globally have seen Central Banks in recent weeks cut rates and possibly signaling the start of global monetary e...

Increasing prospect of an interest rate cut by the FED saw investors selling off US$, which fell to a 3 week low. Growth concerns also saw further selloff in oil, which dropped to Jan19 levels. Yen rallied to 5 month highs becoming the safe-haven currency of choice. US$ fell to a two week low vs [&h...

Trade tensions continue to grow beyond China to Mexico and India, which saw safe haven currencies continue their rally. Yen & Chf both hit 2 year highs vs Eur on Friday. US 2 year treasury yield saw its biggest 2 day fall since 2008, causing some unwinding of long US$ positions in Asia this morn...

US threat to place tariffs on Mexico saw US$ and Yen rally on safe-haven buying. Recession risk is growing, the probably of a FED rate cut 2020 is increasing. US/China trade concerns, Brexit, EU political uncertainty and EU in the process of renegotiating trade with US. A lot of variables out there ...

The trade rhetoric continues with a senior Chinese diplomate saying the trade dispute was “naked economic terrorism”. The US$ index is close to a 2 year high and with no solution in sight, investors continue to focus on safe-have currencies. US$ sold off slightly as oil bounced modestly ...

US$ index rose to a 4 month high as trade tensions continue and the political concerns within the EU mount.  The Chinese Peoples Daily newspaper article suggesting possible trade retaliation made investors nervous. In Europe the EU commission potential response to Italy and upcoming elections saw E...

US$ safe haven buying continues with lingering trade tensions and political concerns in the EU and UK remain. The European session was dominated by the Italy’s budget and the prospect of EU commission fines. In the UK, a no-deal Brexit appearing possible as the search for a successor to PM May...

Euro opens slightly stronger as Pro-EU parties retain their hold on the EU parliament, but concerns as Eurosceptic’s made strong gains. Focus is back on US/China escalating tensions over trade/technology and the FEDs response to worsening economic outlook. With the US & UK both out today, ...

Another busy overnight session with the US$ coming off its recent highs. Optimism of a trade solution grew slightly, boosting european equities and currencies. The EU elections have started and the prospect that eurosceptic parties across the continent may perform well. In the UK, PM May announced ...

The US$ hit a one-month high as investors exited Asian & European currencies. Global economic concerns, Brexit worries and EU elections left investors little choice but to buy US$.   US$ bounced back against the C$. Falling oil prices coupled with investors focused on safe-haven currencies ...