Tag: USD
December 2020 – Reasons to be Cheerful
One of my childhood heroes, Ian Drury (who overcame being born with Polio to do what he wanted and always believed in himself), sang...
COVID-19 puts on the brakes
Producer sentiment is poised for a November pull-back to still elevated levels, with headwinds from rising COVID-19 fears and emerging lockdown disruptions. The early...
The name of the game is Stimulus worldwide
The week remains on the shadow of stimulus given the self imposed midnight deadline set by Speaker Pelosi herself. The markets yesterday were on...
Ahead of Retail Sales
Stocks are selling off, amid a serious bout of risk aversion in wider markets. Disappointing earnings reports so far saw Wall Street closing lower...
FX Update October 7 – YEN breaks 106.00
USDJPY, H1
The USD has come off the boil after rallying during the New York afternoon when President Trump abruptly called off talks with the...
ADP, NFP and the change in their correlation
Today ADP reported a 749k sure in private payroll employment in September, almost double the 400k expectation, after an upwardly revised 481k (was 428k)...
