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Justin Low

Dollar slides further amid strong bid in bonds

The dollar is trading to the lows for the day with USD/JPY now close to clipping 147.00, down over 1% at the moment:There's a lot at stake this week when it comes to...

UK October final manufacturing PMI 46.2 vs 45.8 prelim

A slight revision higher but it still marks a modest contraction of the manufacturing sector in the UK as output, new orders and new export business all decline. That comes despite input cost...

Switzerland October manufacturing PMI 54.9 vs 56.0 expected

The solid growth in the Swiss manufacturing sector continues, though at a slower pace. Of note, one in three firms have taken measures to counter potential energy shortages with the crisis triggering a...

ECB’s Lagarde: We will have further rate increases in the future

No definitive number of rate hikes as forward guidance is abandonedDecision on future path and pace of rate hikes are on a meeting-by-meeting basisThe destination is clear, and we are not there yetFull...

Dollar pressured lower ahead of European trading

The dollar is coming under some pressure as we transition from Asia to Europe, falling to fresh lows on the day. There's not much major headlines floating about but there are some rumours...

Japan’s Suzuki: Further sharp yen weakening is unfavourable with inflation being an issue

A further sharp weakening in the yen is unfavourable in the current situation, when inflation is an issueIs the narrative starting to change? There was already a subtle hint by the BOJ on...

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