Cromwell FX Market View

BOJ Disappoints

Last week saw the anticipated BOJ announcement which disappointed the market. The BOJ decided not to take any action on interest rates which was a surprise. Other than that, the market had a relatively sideways week.

Read More

Cromwell FX Market View

Fed & BOE Hike; Payrolls Still Strong

Last week saw both the Fed and BOE raise interest rates by the expected 75bps. The initial reaction was negative as the Fed moved its terminal rate above 5% and risk assets were sold. Despite this Friday’s trading was strong and we ended the week with some market strength.   Euro underperformed during the week…

Read More