23rd January 2023

Espresso Morning Call: Hawkish ECB speaker drives EUR higher

The EUR is performing well at the start of the week as a hawkish ECB Council member says that more h (...)

20th January 2023

Espresso Morning Call: EUR supported amid hawkish ECB hints

Forex moves have been less volatile in recent sessions, but the support for EUR continues to build a (...)

19th January 2023

Espresso Morning Call: US economic retreat hits risk assets

Markets continue to react to US data pointing to an economic slowdown. Whilst this is weighing on bo (...)

18th January 2023

Espresso Morning Call: JPY lower as BoJ keeps policy on hold

The Bank of Japan has chosen not to change its ultra-easy monetary policy stance, defying expectatio (...)

17th January 2023

USD selling pressure looks set to continue

The correction for the USD that started in Q4 last year has further legs to run. Yield differentials (...)

17th January 2023

Espresso Morning Call: Mixed moves but USD still weakening

After a quiet Monday due to the US public holiday, forex majors once more trade with a USD negative (...)

16th January 2023

Espresso Morning Call: A pause in the USD selling, for now

The USD corrective trend remains but is on pause early today. The Martin Luther King Jr public holid (...)

13th January 2023

Espresso Morning Call: USD sell-off continues after US CPI

A bruising sell-off continues on the USD as US CPI inflation trends lower. There is a degree of cons (...)

12th January 2023

Espresso Morning Call: USD claws back losses ahead of US CPI

The risk recovery has continued this week. However, all eyes will turn to the US CPI inflation today (...)

11th January 2023

Espresso Morning Call: Positive risk bias tries for breakout

With Fed Chair Powell tight-lipped on monetary policy yesterday, a slight positive bias is trying to (...)

10th January 2023

A basing phase on Wall Street could be a long process

Into 2023 equity markets. Have been more upbeat. Although Wall Street has been lagging, a basing pha (...)

10th January 2023

Espresso Morning Call: USD rebounds as focus turns to Powell

Two FOMC speakers with a slightly hawkish lean have supported the USD and weighed on indices. The fo (...)