Author: Ian Morley

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24/01/2024

Market Insight 24-01-2024

Summary The US dollar gained ground yesterday as US treasury yields rebounded, reaching 4.15% after two consecutive days of losses. The upward trend of the USD index in 2024 appears poised to continue, supported by ongoing higher highs in price action. GBPUSD experienced a decline but maintained a sideways trading pattern for the month, while

23/01/2024

Market Insight 23-01-2024

Friday witnessed subdued market activity with decreased volatility and upward movement in equity markets. The GBP sustained losses due to disappointing retail sales figures, while the USD concluded the week on a positive note.

22/01/2024

Market Insight 22-01-2024

Summary Friday witnessed subdued market activity with decreased volatility and upward movement in equity markets. The GBP sustained losses due to disappointing retail sales figures, while the USD concluded the week on a positive note. Our Analysis This week’s significant developments are anticipated to kick off on Wednesday with the release of initial PMI numbers

19/01/2024

Market Insight 19-01-2024

Summary As outlined in the report from yesterday, the markets started the day on a more stable note, carrying this trend into Thursday’s trading session. Equities saw an upward trajectory, supporting the GBP’s gains, particularly against the Euro. GBPEUR appears poised to challenge the highs recorded in December. Notably, US initial jobless claims were lower,

18/01/2024

Market Insight 18-01-2024

Recent developments suggest a shift in the anticipated rate cuts by central banks, influenced by statements from central bank officials and economic indicators

17/01/2024

Market Insight 17-01-2024

The USD and Treasury yields experienced widespread gains after cautious remarks from Fed Waller, who suggested the possibility of interest rate cuts this year if inflation fails to rebound.

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