Richard Driver, Currency Market Analyst, Caxton FX
Trading commentary: CaxtonFX
Richard Driver is a Currency Market Analyst at Caxton FX.
6 November 2012
And now for the main event. Will it be Obama or Romney who wins the US presidential election? And which party will control the Senate and the House of Representatives?
5 November 2012
With tomorrow’s US Presidential election almost upon us, we have an exciting week ahead of us.
2 November 2012
With next week’s US Presidential elections never far from traders’ minds, we have plenty of look forward to today.
1 November 2012
So the start of a new month brings us the monthly UK manufacturing PMI figure, towards which expectations are fairly subdued.
31 October 2012
Today’s session brings another Eurogroup meeting, where Greece will once again be the hot topic.
30 October 2012
The key events of the session have already been and gone this morning in the form of a speech from ECB President Draghi and a slightly better than expected Spanish GDP figure.
29 October 2012
We have another big week ahead of us in terms of key economic announcements, with the monthly growth updates from the UK manufacturing and construction sectors coming towards the end of the week.
25 October 2012
Last night’s announcement from the US Federal Reserve saw only minor adjustments made to the central bank’s statement, with no decisions made this time.
24 October 2012
The dollar finally had a strong day yesterday thanks initially to Moody’s decision to downgrade the credit ratings of five Spanish banks.
23 October 2012
A quiet session is what we expected on Monday and a quiet session is what we got. Sterling remains out of favour and continues to threaten a move below $1.60.
22 October 2012
Sterling had a rough time of it last week, failing to capitalise on a host of positive domestic economic news. Perhaps this week can be different...
19 October 2012
Sterling can’t seem to catch a break. Earlier this week we saw some solid UK labour data and some less dovish than expected MPC minutes, while yesterday’s session brought some robust UK retail sales data.
18 October 2012
Sterling escaped any downside shocks yesterday, as the MPC minutes were less dovish than many were expecting, whilst we saw further improvements in the UK labour market.
17 October 2012
The euro enjoyed some rather unexpected good news after rating agency Moody’s delivered its review of Spain’s credit rating.
16 October 2012
Monday’s session was pretty sleepy among the major pairings. The euro traded pretty positively despite the news that Spain will wait until November to formally request a bailout.