Posts Tagged ‘investment goals’

Last week US inflation data came in higher than expected which moved USD stronger once again. With the Fed looking at the data the market is predicting where the terminal rate will be. The US Dollar would have ended higher but for Friday’s reversal. The DXY ended the week 0.6% higher at 109.64.   Euro…
The post Cromwell FX Market View US Inflation Spurs the USD Higher appeared first on JP Fund Services.

We extend our sincerest condolences to members of the Royal Family and we join the nation in mourning this immeasurable loss. Last week saw central banks continue their hawkish rate rising. The ECB rose rates by 75bps followed by the RBA and BoC. The market is looking for the inflection point where rates peak and…
The post Cromwell FX Market View Her Majesty Queen Elizabeth II 1926 – 2022 appeared first on JP Fund Services.

Last week the USD continued its role as the markets favourite currency as it posted another positive week. The US economy continues to show strong economic signs with the market continuing to look for further Fed tightening in the coming months.   Euro ended the week flat as despite USD strength the single currency held…
The post Cromwell FX Market View Fed Keeps the Pressure on Risk appeared first on JP Fund Services.

Last week the USD consolidated its dominance as Powell speaking at the Jackson Hole symposium reiterated policy to reduce inflation and cautioned against switching to an accommodative stance too early. Risk assets fell as a result of the more hawkish stance than expected. Euro continued to trade in a lowering range during the week. The…
The post Cromwell FX Market View Jackson Hole; Fed Still on Track appeared first on JP Fund Services.

Last week the US Dollar closed significantly stronger as the previous weeks risk on rally lost its steam and yields rose once again. US Dollar surged as investors adjusted their expectations. With much more data releases before the next FOMC meeting expectations of continued rate rises once again took the fore. Both the GBP and…
The post Cromwell FX Market View USD The Nicest house in a bad neighbourhood appeared first on JP Fund Services.

Last week the US CPI print gave the market reason to react that the Fed may change tact on rate rises. The last meeting saw the Fed state they would be more data driven and that is exactly what we got. The US Dollar didn’t like the weak CPI number and lost ground all week.…
The post Cromwell FX Market View Does the CPI Release Change the Fed? appeared first on JP Fund Services.

Last week saw the Bank of England raise rates by 0.5% to 1.75%. This is the biggest rise in 27 years and the highest rates have been since 2008. Strong payrolls later in the week gave the US Dollar a lift after last weeks announcement that the Fed will be looking more at the data…
The post Cromwell FX Market View Bank of England Dovish Hike Surprises appeared first on JP Fund Services.

Last week saw the FED rise interest rates by the expected 75bps. The big surprise was the comments post meeting. The markets had priced in further interest rates through to end of 2022. The comments coming out where that the Fed will be more data driven potentially signalling a slow in rate rises. Euro failed…
The post Cromwell FX Market View The FED to be more data driven appeared first on JP Fund Services.

Last week saw the US Dollar finally move lower after several strong weeks. With inflation remaining high and mixed economic data markets saw no clear path for accelerated tightening by the Fed in the upcoming meeting.   Euro moved higher and away from parity as the ECB surprised the market with a 50bps rate hike.…
The post Cromwell FX Market View ECB Surprise appeared first on JP Fund Services.

Last week saw the US Dollar squeeze higher. With the Euro briefly breaching parity talk turned to the Fed and a possible 100bps rate rise this month. Investors are still expecting just a 75bps this month which helped later in the week as the Euro rebounded and could lead to short covering. Euro eventually gave…
The post Cromwell FX Market View Euro Reaches Parity Briefly appeared first on JP Fund Services.