Foreign Exchange Solutions

Monday January 13th, 2020

The easing of ME tensions has seen investor focus shift back to Wednesdays signing of the Sino/US trade agreement. The Chinese CNY hit an almost 6 month high, but other trade-exposed currencies remain muted. Expect trade-exposed currencies to rebound vs US$ ahead of Wednesday’s trade agreement...
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Friday January 10th, 2020

Markets are closing the week on a calmer note as tensions between US & Iran are easing. Focus remains on the cause of crash the Ukrainian jet leaving the potential of further ME tensions. Safe-haven currencies & commodities remain under pressure allowing the US$ to have its best weekly gain...
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Thursday January 9th, 2020

The US’s response to the Iranian attack with increasing of sanctions verses a military a response returned some calm to investors. The perceived easing of ME tensions saw safe-haven currencies and commodities come under selling pressure.  Focus is shifting back to economic growth and the sign...
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Wednesday January 8th, 2020

The firing of Iranian missiles at US forces in Iraq immediately escalated tensions in the ME, rallying gold oil & safe-haven currencies. There has been no immediate military response from the US and the President said he would be making statement this morning. The lack of US response gave the ma...
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Tuesday January 7th, 2020

The lack of imminent actions within the Middle East has seen some unwinding of safe-haven currencies. Oil & Gold prices both slipped from their highs, whilst trade exposed currencies remain sidelined. The focus has begun to switchback towards the Sino/US trade agreement and economic data release...
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Monday January 6th, 2020

Middle East tensions remains the markets primary focus and safe haven currencies continue to be attractive to investors. With markets back at full strength and no direct action from the Iranians, Eur & Gbp have both managed to rebound vs US$. Expect markets to continue to be cautious until there...
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Friday January 3rd, 2020

Safe haven currencies surge after a US air strike killed an Iranian general in Baghdad. Safe haven currencies spiked to multi-month highs, gold jumped 1% and oil rallied $3 on the airstrike news. The heightened geopolitical tensions will unsettle markets as it awaits Iran’s response. A mixture...
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Thursday January 2nd, 2020

2020 starts on an optimistic tone with the US President saying that the Sino/US trade agreement will be signed. The Phase One agreement signing ceremony is scheduled to take place on January 15th at the White House. Trade-exposed currencies remain firm boosted by the announced signing date, but US$ ...
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Tuesday December 31st, 2019

Investor optimism for global growth in 2020 has seen a 3rd session favoring a return to risker assets. Friday saw the US$ suffer its biggest single day fall since March and the US$ selling has continued this week. Positive comments from a US trade adviser suggesting the Sino/US phase 1 trade deal wo...
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Monday December 30th, 2019

Sino/US trade and global growth optimism for 2020 has caused the US$ to come under fresh selling pressure. The focus this morning was on China with its central bank announcing new measures to lower borrowing costs and boost the economy. Investors also focused on the EU economy which is showing signs...
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