SGM-FX insights

Discussion and Analysis by Charles Porter: Friday Afternoon saw dramatic changes in the value of major international currency pairs. By examining the Sterling-Dollar, Sterling-Euro, and Euro-Dollar rate, the magnitude of two major events is unveiled: firstly, US payroll and unemployment data and, secondly, ECB indecision concerns.   Scheduled for a BST 1:30pm release, payroll and […]

Discussion and Analysis by Charles Porter: Whilst markets in the United States observe Labour Day, global markets have a quiet start to the week with a deficit of anticipated, notable and market-orientated announcements. However, as tensions continue to escalate amongst the Korean Peninsula, inducing a global spill over, the week may have more in store […]

Discussion and Analysis by Charles Porter: The Federal Reserve Bank of Philadelphia received media attention this week following their proclamation of the death, or at least the weakening, of the Phillips Curve. Commentary on this observation has regarded the European and United States macroeconomies alike. This three-part article challenges such a notion and, instead, demonstrates […]

Discussion and Analysis by Charles Porter:   The Federal Reserve Bank of Philadelphia received media attention this week following their proclamation of the death, or at least the weakening, of the Phillips Curve. Commentary on this observation has regarded the European and United States macroeconomies alike. This three-part article challenges such a notion and, instead, […]

Discussion and Analysis by Charles Porter:   The Federal Reserve Bank of Philadelphia received media attention this week following their proclamation of the death, or at least the weakening, of the Phillips Curve. Commentary on this observation has regarded the European and United States macroeconomies alike. This three-part article challenges such a notion and, instead, […]

Discussion and Analysis by Charles Porter:       As pessimism continues to surround the UK political economy with consistently positive macroeconomic results being published within the Eurozone, dominant market trends will be difficult to arrest. With this message mind, this article analyses the propensity of events and data releases to manipulate the Sterling-to-Euro (GBPEUR) […]

Discussion and Analysis by Charles Porter   Economic Growth in the United States of America, measured by the annualised growth of Gross Domestic Product (GDP), in the second quarter of 2017 was 2.6%. This headline figure, published last month, was an ‘advance estimate’ and will be revised within a second estimate this afternoon. This article […]

Discussion and Analysis by Charles Porter:   In accordance with our week ahead expectations, today and tomorrow will be another testing and opaque period for major currency pairs. Today’s events will be followed closely because each contains the propensity to arrest or enhance the current trend of a strong Euro, a weak dollar and a […]

Discussion and Analysis by Charles Porter:   The strength of the Euro against the dollar and the relative weakness of the dollar against other major currencies is primarily explained by adverse dynamics surrounding the US political economy.   Macroeconomic and political uncertainties in the United States (US) is being framed as partially responsible for the […]

Discussion and Analysis by Charles Porter:  This is an important week across many of the world’s key currencies. With numerous and salient events battling for supremacy and coverage, ultimately, only time will tell what the aggregation of these event holds in store.   Negotiations on the secession of the United Kingdom from the European Union will […]

Discussion and Analysis by Charles Porter:    Currency Market Impacts of the first major Jackson Hole symposium event 2017.   The Dollar has seen dramatic intraday devaluation against other major currencies including the Euro and Pound Sterling. Live commentary and reaction was provided on our Twitter Feed whilst Chair of the Federal Reserve Board, Janet […]

Discussion and Analysis by Charles Porter:    Part One: The Week in Review   Currency movements this week have been distorted by both opportunistic and defensive speculative reshuffles. Strategic positioning has arisen from the anticipation and sentiment that pivotal currency market actors have adopted preceding this afternoon’s Jackson Hole symposium and impending Brexit negotiation round. […]