The Currency Account Blog

Ivo Cunningham, Head of Dealing

Daily FX Report - 18 April 2019

Summary A lack of demand for defensive assets was again an important feature during Wednesday as markets took a more optimistic stance on Chinese growth and the global economy. The dollar was still resilient with other major currencies again struggling to gain significant support. Sterling was hampered by subdued inflation data with markets..
by Ivo Cunningham, Head of.. | 18/04/2019
Ivo Cunningham, Head of Dealing

Daily FX Report - 17 April 2019

Summary Demand for defensive assets remained weak on Tuesday with notable losses for the Swiss franc and gold as markets took a more optimistic view over the international economic outlook. This trend continued on Wednesday after stronger than expected Chinese industrial data. The US dollar also edged lower as commodity currencies made net..
by Ivo Cunningham, Head of.. | 17/04/2019
Ivo Cunningham, Head of Dealing

Daily FX Report - 16 April 2019

Summary Global currency markets were held in relatively narrow ranges during Monday with a lack of major events and low trading volumes ahead of Easter holidays late in the week. The dollar was hampered by expectations that the Federal Reserve would aim to boost medium-term inflation through low interest rates, but other major currencies..
by Ivo Cunningham, Head of.. | 16/04/2019
Ivo Cunningham, Head of Dealing

Daily FX Report - 15 April 2019

Summary Global economic conditions dominated market moves during Friday with stronger than expected Chinese data boosting confidence in the outlook. In this environment, there was a further dip in demand for defensive assets which undermined the Japanese yen and Swiss franc. The Australian dollar secured notable gains while underlying US..
by Ivo Cunningham, Head of.. | 15/04/2019
Ivo Cunningham, Head of Dealing

Daily FX Report - 12 April 2019

Summary The dollar regained ground during Thursday as markets continued to consider that there was value in buying the dollar on dips, especially after the robust labour-market data. There was, however, a lack of conviction over currency moves, especially with all major central banks preaching a dovish message and looking to maintain..
by Ivo Cunningham, Head of.. | 12/04/2019
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