Cromwell FX Market View Ukraine in Focus

cromwell_weekly_20_160222.png

This post was originally published on Trademakers

courtesy of trademakers

It seems not a week goes by without some level of event driven volatility. Late in the week rumours of Russia /  Ukraine escalation saw Euro move lower. Oil surged to a new 7 year high and Equities lost ground. In the background we still see the Fed tightening rates ahead.

Investors were concerned that a Russian invasion of Ukraine could begin any time. US urged their citizens to leave Ukraine right away, and that was followed by a wave of other nations including the UK, Japan, Latvia, Norway, Netherlands, Australia and New Zealand.

Last week saw higher than expected US CPI which at 7.5% surpassed market expectation.  Different from the previous 2015-2018 rate-hike cycle, inflation is much higher this time due to unprecedented monetary and fiscal stimulus put in place to shore up growth amid the Covid-19 pandemic  Labour market conditions have improved tremendously in recent months, with the latest nonfarm payrolls report showing a robust increase in job numbers and solid wage growth.

Euro was the worst performer as the USD gained momentum and the continued risk of Russia/Ukraine weighed heavily on the single currency

The week ahead is looking at the geopolitical situation in Ukraine. Should Russia pull back we will see the potential for some level of risk on, but don’t forget inflation and central bank tightening is still very much on the horizon.

Weekly Majors Market Performance

cromwell_weekly_20_160222

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

Ukraine in Focus

appeared first on JP Fund Services.

The post Cromwell FX Market View Ukraine in Focus first appeared on trademakers.

Connect with SGT Markets

Follow us for the latest news & insights

Related Articles

tm_market_view_2024-1024x538-1.jpg

Dollar Sinks as Fed Multi Rate Cut Gains Momentum

jpfs_multi_diversified_featured-1024x536.jpg

Multi-Diversified FX Strategy (MDFX): June 2024 Performance

jpfs_growth_diversified_featured-1024x536.jpg

Growth Diversified Strategy (GDS): June 2024 Performance

tm_market_view_2024-1024x538-1.jpg

Yen Stabilises and Dollar Falls

tm_market_view_2024-1024x538-1.jpg

Yen Continues to Fall

jpfs_3D_Bull_Bear_featured-1024x536.jpg

3D Bull & Bear Monthly Update: June 2024

jpfs_3D_Bull_Bear_featured-1024x536.jpg

Benjamin Franklin and the S&P 500

tm_market_view_2024-1024x538-1.jpg

Yen Continues to Test Intervention

tm_market_view_2024-1024x538.jpg

Euro Elections Prove to Be Troublesome

cropped-jpfs_favicon-32x32.png

Euro Elections Prove to Be Troublesome

jpfs_multi_diversified_featured-1024x536.jpg

Multi-Diversified FX (MDFX): May 2024 Performance

jpfs_growth_diversified_featured-1024x536.jpg

Growth Diversified Strategy (GDS): May 2024 Performance