9th November 2022

No Fed pivot but sentiment could be shifting for the USD

There has been a subtle but significant shift in sentiment for the USD in recent weeks. Weakness is (...)

9th November 2022

Espresso Morning Call: A brief pause amid huge USD selling

After a significant USD correction, there is an early pause this morning. However, hints of a USD re (...)

8th November 2022

Espresso Morning Call: Slight hints of a USD revival appear

After two sessions of decisive USD selling, the signs of recovery are appearing this morning. This c (...)

7th November 2022

Espresso Morning Call: USD struggling to claw back losses

After a mixed Nonfarm Payrolls report and some slightly dovish Fed speak hit the USD hard on Friday, (...)

4th November 2022

Espresso Morning Call: USD slips ahead of Nonfarm Payrolls

After the USD-positive and risk-negative reaction to the FOMC meeting there has been a slight retrac (...)

3rd November 2022

An air of caution despite Bank of England hiking by 75bps

The Bank of England has joined the Fed in hiking by 75 basis points. However, this looks to be a dov (...)

3rd November 2022

More USD positive & risk negative after hawkish Fed meeting

Despite a rollercoaster ride surrounding the Fed statement and press conference, there is an overrid (...)

3rd November 2022

Espresso Morning Call: Fed rollercoaster renews USD strength

Swinging moves from the FOMC statement to the Powell press conference but in short, the Fed is not y (...)

2nd November 2022

Espresso Morning Call: A pause ahead of the Fed

With the USD having regained some lost ground, markets are sitting in wait for today’s Fed meeting. (...)

1st November 2022

Espresso Morning Call: USD pares gains as yields fall back

USD gains in recent sessions have come as yields have ticked higher. However, as yields fall over th (...)

31st October 2022

Espresso Morning Call: USD starting to strengthen again

As US Treasury yields begin to track higher once more, the USD is starting to strengthen once more. (...)

31st October 2022

Week Ahead: PMIs, the Fed, the BoE and Nonfarm Payrolls

You can’t move for tier-one data for major economies this week. Manufacturing and services PMIs, Eur (...)