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GBP: Moving Towards A ‘Hard Brexit’; Stay Short For 1.20 & Sell Any Rallies – Nomura

Since the Conservative party conference in Birmingham just under two weeks ago the market has progressed again through the five stages of “Brexit grief” into acceptance of a Hard Brexit.

The rhetoric from ministers with “red lines” on immigration Read More →

USD records strong weekly gains as traders raise bets for rate hike

The US dollar closed with its strongest weekly performance in more than seven months on Friday following robust advance retail sales and producer prices data for September strengthening expectations the Federal Reserve will raise interest rates in December.

The Read More →

Week Ahead: Commodity FX To Face Headwinds As Oil Topping Out – Credit Agricole

Sentiment was unstable for most of the week and this was well reflected in rising cross market volatility. Intact uncertainty, related to the European banking sector, more muted growth expectations when it comes to China and the intensifying notion that Read More →