Cromwell FX Market View Her Majesty Queen Elizabeth II 1926 – 2022

cromwell_weekly_150922-1536x747-1.png

This post was originally published on Trademakers

courtesy of trademakers

We extend our sincerest condolences to members of the Royal Family and we join the nation in mourning this immeasurable loss.

Last week saw central banks continue their hawkish rate rising. The ECB rose rates by 75bps followed by the RBA and BoC. The market is looking for the inflection point where rates peak and inflation turns lower.

The USDollar has a negative week at last as the market looks at the current tightening cycle could be drawing to a close. Data from the US still remains strong especially the buoyant employment which could lead to a further round of tightening.

Euro reacted well to the hawkish ECB posting a positive week. Europe is still trying to get to grips with the energy situation and any further escalation of this could prove too much for the single currency.

GBP traded well after the new Prime Minister Liz Truss announced her stimulus plan but much like the Euro it is hard to see any continued upside to the GBP

Commodity currencies were helped by general risk sentiment especially the stock market but oil weakness prevented any firm rally.

Oil prices remain under pressure with WTI falling 1% to close around the $86 level.

The week ahead will be looking to see if the equity rally persists. Data wise we have inflation data from the US, UK and Europe along with employment data.

Weekly Majors Market Performance

cromwell_weekly_150922

What is Cromwell FX?

Cromwell FX is a quantitative FX manager offering superior risk adjusted returns. The portfolio is the most liquid pairs . The strategy is fully automated and adhere to strict rick management procedures to control leverage and position limits.

The post

Cromwell FX Market View

Her Majesty Queen Elizabeth II 1926 – 2022

appeared first on JP Fund Services.

The post Cromwell FX Market View Her Majesty Queen Elizabeth II 1926 – 2022 first appeared on trademakers.

Related Articles

cromwell_weekly_mainimage_221122.jpg

Cromwell FX Market View Quiet Week with Thanksgiving Weekend

cromwell_weekly_mainimage_221122.jpg

Cromwell FX Market View Crypto Markets Head the Volatility

cromwell_fx_market_view_blog_main.jpg

Cromwell FX Market View Surprise CPI. Could this be the Fed pivot point?

cromwell_fx_market_view_blog_main.jpg

Cromwell FX Market View Fed & BOE Hike; Payrolls Still Strong

cromwell_fx_market_view_blog_main.jpg

Cromwell FX Market View All eyes on the upcoming Fed

cromwell_fx_market_view_blog_main.jpg

Cromwell FX Market View Truss Resigns BoJ Intervenes

cromwell_fx_market_view_blog_main.jpg

Cromwell FX Market View US CPI Pressures Risk Assets

cromwell_fx_marketview_121022.png

Cromwell FX Market View Strong Payrolls Spur USD Strength

cromwell_fx_marketview_041022.jpg

Cromwell FX Market View BOE Intervenes

cromwell_chart_280922.png

Cromwell FX Market View All Hail the King Dollar

cromwell_chart_280922-1.png

Cromwell FX Market View All Hail the King Dollar

cromwell_weekly_210922-1536x747-1.png

Cromwell FX Market View US Inflation Spurs the USD Higher