SGM-FX insights

Our Daily Brief provides insights into the news and views driving today’s foreign currency exchange rates.

Morning Brief – From floppy disks to cloud sharing

Morning Brief – From floppy disks to cloud sharing

SGM-FX Thu 11 Nov 2021

From floppy disks to cloud sharing   Looking at inflation projections in the UK, forecasts set to exceed 5% may seem unthinkable to many. The global economy has created an unwaveringly low-inflation, low-interest environment over the past two decades leaving today’s inflation forecasts looking like something of an anomaly. With inflation above target but still […]

Morning Brief – Antipodean Re-shuffle?

Morning Brief – Antipodean Re-shuffle?

SGM-FX Tue 9 Nov 2021

Antipodean Re-shuffle?   The Aussie Dollar (AUD) and the Kiwi Dollar (NZD) usually exhibit a fair degree of positive correlation. Their economies share similar characteristics and more importantly are relatively integrated to allow forces in one economy to spill over into the other. There are differentiating factors of course most notably the fact that Australia’s […]

Morning Brief – Aussie down a cent

Morning Brief – Aussie down a cent

SGM-FX Tue 2 Nov 2021

Aussie down a cent   The Reserve Bank of Australia (RBA) published its latest monetary policy decision overnight. The concept of buy the rumour sell the news is not new in markets. It refers to the idea of market forces driving up (or down) the price of an asset in anticipation of a future event. […]

Morning Brief – The Paradox of Intervention

Morning Brief – The Paradox of Intervention

SGM-FX Thu 21 Oct 2021

The Paradox of Intervention   The US Dollar is on the rise. Of the 22 EURUSD trading sessions in September, 15 saw the US Dollar gain ground on the Euro. Overall, last month, the aggregate price move was approximately 2% in the favour of the greenback versus the Euro. In itself, the changing valuation of […]

Morning Brief – US Dollar

Morning Brief – US Dollar

SGM-FX Wed 29 Sep 2021

US Dollar   Big move yesterday as the Dollar index rose to 93.67 its highest for a month on the back of rising US Treasury Bond Yields which saw the 10 Year go to 1.5270%. Breaching that 1.50% level is a psychological level that jolted currency markets and GBP had a range of 2 cents […]

Morning Brief – Cashing in or checking out?

Morning Brief – Cashing in or checking out?

SGM-FX Tue 28 Sep 2021

Cashing in or checking out?   Controversy has been building within the Federal Reserve in recent weeks. Before a recent announcement the private financial circumstances and actions of several individual policy makers brought into question the integrity and independence of the whole monetary institution. Due to the nature of the role as a rate setter […]

Morning Brief – Three Down, three to go

Morning Brief – Three Down, three to go

SGM-FX Thu 23 Sep 2021

Three Down, three to go   After a volatile night in markets, the dust has settled to leave major currency pairs trading roughly in line with their closing value at the European close yesterday. The Federal Reserve’s decision last night saw trading ranges just shy of 1 cent prevail within major USD crosses. The market […]

Morning Brief – Australia

Morning Brief – Australia

SGM-FX Fri 10 Sep 2021

Australia   Locked down since July, New South Wales and crucially Sydney is preparing to ease restrictions from the end of September. Currently half of Australia’s 25 million population is locked down and pressure is increasing on the Australian government given its slowness in rolling out vaccines and with the onset of the summer down […]

Morning Brief – Labor Day

Morning Brief – Labor Day

SGM-FX Tue 7 Sep 2021

Labor Day   This could have been quite likely the most ironically timed public holiday in history. US markets and much of the US economy alike were closed yesterday for ‘Labor Day’ – a US public holiday celebrating the progress of workers’ rights and workers’ contributions to building today’s United States of America. However, Monday’s […]

Morning Brief – USD Surge

Morning Brief – USD Surge

SGM-FX Thu 26 Aug 2021

USD Surge   The publication of the Federal Reserve’s latest minutes provided a boost to the US Dollar last week. Whilst risk sentiment had remained fragile and US macroeconomic data had continued to be strong, the greenback had remained on the front foot for much of the preceding week. The market was looking out for […]

Morning Brief – Or Not.

Morning Brief – Or Not.

SGM-FX Tue 24 Aug 2021

Or Not.   As we wrote about last week, the decision to close the economy of New Zealand due to a suspected case of coronavirus within the community took a heavy toll on NZD. Against the US Dollar, the Kiwi did not find support at its recent lows reached earlier this month and set new […]

Morning Brief – Too Much, But Not Enough

Morning Brief – Too Much, But Not Enough

SGM-FX Thu 12 Aug 2021

Too Much, But Not Enough   Ahead of an inflation data release yesterday afternoon, the trade-weighted Dollar index stood at year-to-date highs. Positive US headlines and developments within the US Federal Reserve over the past two weeks had helped USD secure further gains on its major crosses. The inflation data released yesterday afternoon was expected […]

1 37 38 39 40 41 51

    Get news and insights, delivered directly

    Start your day with a sharp, concise and relevant financial briefing from our team of experts.





    Stay ahead of the curve and get your daily briefings direct to your inbox. By signing up, you agree to our terms & conditions.