Investors have been less and less affected by President Trump’s talk on trade, something that has helped to bolster risk appetite and open a wave of US Dollar outflows. Currencies and broader risk markets have also been feeling better about a possible peace deal between Russia and the Ukraine. Audio Update Technical highlights EURUSD Signs […]
LMAX Exchange Staff Blogs
Currencies are bid against the US Dollar and gold has extended its run of record highs. While most of the currency gains have been mild, we have seen relative outperformance in the Yen and Australian Dollar. Wrap-Up Call
Ongoing unpredictability around Trump tariffs and setbacks in Russia-Ukraine peace talks have been a lot of what the market has been focused on over the past 24 hours. This sentiment was reflected in Wednesday’s Fed Minutes, with the central bank expressing a desire to take a wait and see approach. Audio Update Technical highlights EURUSD […]
We’re seeing a decent bid in the US Dollar on this Wednesday thus far, particularly against the Euro and Pound. US equity futures are consolidating off fresh record highs, oil is running back up, and gold has extended its own record run. Wrap-Up Call
The market is clearly becoming less nervous about headlines around tariffs. President Trump was on the wires talking 25% tariffs on automobile, semiconductor, and pharmaceutical products and the market took it all in stride rather than panicking as we had seen weeks back. Audio Update Technical highlights EURUSD Signs of bottom GBPUSD Fresh upside ahead […]
We’re seeing a mild US Dollar bid into the North American open, though the price action is nothing to write home about and certainly not having any negative impact on risk appetite with US equity futures extending to record high territory. Wrap-Up Call
Earlier today, the Reserve Bank of Australia was out cutting rates 25 basis points as widely expected. The accompanying communication leaned to the hawkish side with respect to the outlook on future rate cuts, which kept the Australian Dollar propped up. Audio Update Technical highlights EURUSD Signs of bottom GBPUSD Fresh upside ahead USDJPY Higher […]
Trading conditions will be thinner today on account of the long weekend holiday in the US. But as we come into the new week, sentiment is rather upbeat. Most of this has been driven off a diffusion in tension around US trade policy and optimism around a possible peace deal between Russia and the Ukraine. […]
Investors are still trying to figure out how exactly US trade policies will play out and what the impact will be on the global economy. However, one thing that has become clear is that fears of the worst-case scenarios have faded away, inviting a welcome reversal back towards an uptick in risk appetite. Audio Update […]
Currencies have given back an early round of gains, presumably not wanting to run too far with so much uncertainty still out there. That uncertainty is uncertainty around President Trump trade policy, Russia-Ukraine negotiations, and the state of US inflation. Wrap-Up Call