City Index

FX Brief: Trump became the third US president in history to be impeached. The first article was 230-197 in favour of ‘abuse of power’ and the second was 229-198 on...

NZD/JPY is retracing from its highs towards a key level of support ahead of GDP data later today (tomorrow morning in Asia). Like AUD/JPY, NZD/JPY can also be a great barometer of risk for...

It’s been a volatile week for equities globally, which were initially spooked on Tuesday another negative print from ISM manufacturing report. Whilst we’ve seen a minor rebound...

FX Brief:There was a small burst of risk-on following reports that US and China had agreed to continue with phase one talks. Given this doesn’t actually cover any new ground at all (as...

FX Brief: Trump “protested fact” that US rate are too high and that US rates should be lower than all of their competitors. Markets took little notice though, probably because...

FX Brief:It was another volatile session courtesy of the Antipodeans, with Australian employment missing the mark and sending AUD broadly lower. Whilst unemployment rose to 5.3% as expected, it was...

FX Brief:NZD pairs spiked broadly higher after RBNZ held rates and didn’t deliver the dovish press conference that many expected. It raises the potential that (for now at least) 1% is the floor,...

November has been off to a much better start for USD than October ended. Add seasonality to the Mix, and DXY could be in for a positive close this month. This ties in nicely with Tuesday’s...

Weak employment data took its toll on the Kiwi today, seeing expectations for RBNZ to cut rise further.Q3 Unemployment rose to 4.2% (3.9% prior, 4.1% expected) Job growth softened to 0.2% QoQ...

FX Brief: AUD is today’s strongest major after RBA held rates. AUD/JPY is the biggest mover of the session and its daily range has spanned 95% of its 10-day ATR – given it...

The USD index (DXY) presented traders with a bearish engulfing candle on both the weekly and monthly charts by Friday’s close. So, will this bearish pattern live up to its grizzly name in the...

As of Tuesday 29th of OctoberBullish exposure on the USD was $12.6 billion ($15.9 against G10) Traders are their least bearish on GBP futures since early June GBP saw the largest weekly change...

FX Brief: Volumes were lighter due to the public holiday in Japan today.NZD is the strongest major on the announcement that New Zealand has concluded its negotiations to upgrade their free...

FX Brief:· CPI data for Australia came mostly in as expected. This makes it less likely the RBA will cut in November, although expectations were only around 20% anyway. Trimmed...