The weeks seem to be racing through. Next week we start the final round of the major Central Bank meetings and interest rate announcements. Last week we heard from FED chair Jerome Powell, who delivered what the market believed to be a more DOVISH tone at his speech and Q & A at the Brooking […]

Last week was a shortened week of trading plus, this weekend is also a long weekend for many of the bigger traders, so, as a result, we have seen a stunted FX market for quite a few days. Looking forward, we have a very busy week ahead for key data plus a speech by FED […]

Worsening and concerning Economic Data is starting to bubble up behind the voices of the Central Bank Governors, Presidents, and the ever so popular aligned spokespersons! From my perspective these pieces of data are individual dominoes forming an orderly line, from which, I am expecting a TRIGGER to pull and then the dominoes will start […]

What a week in the markets and it didn’t matter what market you trade inside. If you read or hear anyone stating that they knew in entirety what the market reaction would be to the lower US CPi number printer last Thursday, inhale (if possible) to check is it cow, camel or bullsh*t. As always, […]

OCTOBER 2022: THE WEEKLY FX PREMIUM REVIEW and HEADS YOU WIN TALES YOU LOSE October was a great month for the WEEKLY FX PREMIUM and that performance has rolled over into November which has started off really strongly. The “FED PIVOT” has been the topic of most discussion whether by written opinion pieces or via […]

We STILL continue to trade and live in very strange times. All change through the revolving door at 10, Downing Street, the markets, for now, seem happy enough that Rishi Sunak is going to “Bend the Knee”. I never thought, I would ever witness two back-to-back 0.75% rate hikes from the ECB, but that happened […]

We continue to trade and live in very strange times. What a traumatic week in the UK. Truss resigns and Boris Johnson packs up his speedos to head back to the UK to take part in the next Tory Party leadership election. You could NOT make this stuff up. My soapbox this week looks at […]

We trade and live in very strange times. The LIZ TRUSS project in the UK took another series of sharp turns last week. In addition, Andrew Baily, Governor of the Bank of England basically threw his arms in the air mid-week to the markets by essentially saying from Washington on a trip stateside “Feck you […]

Here we are once again at the end of another week. Looking back, despite all the airtime on CNBC, FOX BUSINESS and BLOOMBERG devoted to “FED PIVOTS” and the like, since the Jerome Powell speech in Jackson Hole in late August nothing from the FED has changed. That short speech from Powell is largely ignored […]

For those you wanted volatility in the FX market, I suppose it would be safe to say that all your Christmas wishes have come all at once. From a “Position” traders’ perspective, patience with global positions in the market really paid off as markets had to eventually turn and so… we reap the benefits and […]

Wow…. last Friday was some day in the FX market, especially for the GBP related pairs 2% – 3% downside moves, even the EUR/GBP more often than not limited with its daily pip moves managed over a 1.8% move on the day. I made a few pips but to say I left a lot of […]

Yet another big week for Central Banks. I am posing the question in the “SOAPBOX” in this week’s DRIVE THRU ZOOM, “Are Central Banks overrun by events or is it much simpler than that, are Central Banks just overcome by reality?” It is looking increasingly difficult for many of the major Central Banks to keep […]

At long last the ECB has joined to party and now has positive interest rates. My SOAPBOX title came I think, from a movie, that I watched a while ago. It caught my attention and really does fit the bill as a title. The bureaucracy of Brussels is such that it operates in a bubble. […]