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A moving target: 2-week ceasefire deal sees USD pull back, but interest rate hikes are looming

A huge USD pull-back overnight as safe-have trades are unwound and the world hopes for a lasting peace settlement and a stable 2-week ceasefire in the Middle East

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The end of the US shutdown may prompt a slew of data & all eyes on UK inflation

Lots of Fed speeches this week, on top of increased data releases after the US shutdown ends. After a raft of poor UK data, markets are searching for any positives before buying GBP.

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US interest rate decision this week, France downgrade hits the market

A big week ahead with UK data, Bank of England meeting and the US Fed meeting on top of that. Markets remain vigilant and with currencies at critical leaves, we are looking for some currencies to break out of recent ranges

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